The HYPE token is trading around $62, up +9% in 24 hours, even as broader crypto markets face pressure. And the reason behind that resilience is more interesting than the price move itself. The New York Stock Exchange’s parent company just revealed that it has been holding private meetings with the Hyperliquid team.
Jeffrey Sprecher, CEO of Intercontinental Exchange (ICE), told a Bernstein conference on Wednesday that ICE has met the Hyperliquid team “multiple times” to explore overlapping business areas in onchain perpetual futures. His now-viral quote, “How come they’re not getting the same nasty letters that you send us?”, reframes what looked like regulatory hostility into something closer to competitive envy.
Jeff Sprecher, CEO of ICE (owner of the NYSE), on Hyperliquid:
“This Hyperliquid that we’re talking – f you haven’t heard about it, it’s bigger than NASDAQ, okay?”
“We’re not freaked out about it. We’re actually talking to these people and learning about it.”
hyperliquid
— Frank Chaparro (@fintechfrank) May 29, 2026
Hyperliquid has simultaneously deployed a $29 million policy push in Washington to shape US DeFi rulemaking. That’s not a defensive move. That’s an offensive one from one of the hottest crypto launches in recent years.
Add a record $29.8 billion in prediction market volume during April, Hyperliquid’s entry into that niche via HIP-4, and analysts flagging HYPE as a leading candidate for the next altcoin rotation, and the setup becomes harder to dismiss.
Can HYPE Price Clear $64.44 and Print a Fresh All-Time High This Week?
Most tokens are down. Hyperliquid just went the other way. Here is why that is not a coincidence.$HYPE generates $800M to $1B in annualized fees from real trading activity.
97% of those fees continuously buy and burn HYPE tokens. Fixed supply. 70% community-owned. $644M… pic.twitter.com/xpgBGoAU9l
— Blacksea (@333blacksea) May 29, 2026
The $62 print with a +9% daily gain is technically meaningful. Price has reclaimed the mid-Bollinger Band, printed a higher low, and is holding above the 20-day moving average, a sequence that typically signals buyers retaking control after a period of distribution.
Key support sits at $58–$60. The first real test comes at $65, with $67 the most-cited overhead level to clear for a sustained move higher.
Three scenarios are worth holding in mind:
- Bull case: ICE narrative momentum plus HIP-4 adoption drives volume; HYPE reclaims its all-time high at $64.44 and targets the $65–$67 resistance band.
- Base case: Consolidation between $58 and $62 as traders digest regulatory headlines and await follow-through on prediction market volumes.
- Bear case: A break below $57 support opens downside risk toward $45–$50 and potentially retests the lower Bollinger Band if broader risk appetite deteriorates.
The ICE meeting disclosure is a genuine catalyst, but institutional interest does not guarantee price appreciation in the short term. Whale activity and profit-taking have already caused sharp reversals in HYPE, and a prior slip to $57 showed how quickly sentiment can rotate.
DISCOVER: The Next 1000x Crypto Gem Before It Lists on Binance
Bitcoin Hyper Targets Early-Mover Upside as Hyperliquid Tests Key Resistance
HYPE is up nearly +10% today and is drawing institutional attention, yet at a multi-billion-dollar market cap, the asymmetric upside that early Hyperliquid holders enjoyed is largely priced in.
That’s the math. For traders specifically hunting early-stage exposure to infrastructure with a differentiated technical story, the search naturally shifts toward plays earlier in the curve.
Bitcoin Hyper (HYPER) is positioning itself as exactly that: the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration, designed to deliver faster throughput than Solana itself while preserving Bitcoin’s security guarantees.
It targets Bitcoin’s three core limitations: slow transactions, high fees, and limited programmability, with a Decentralized Canonical Bridge for native BTC transfers and high-speed smart contract execution.
The presale has raised over $32.7M at a current price of $0.0136808, with staking rewards available during the presale period.
Visit the Bitcoin Hyper Presale Website Here.
DISCOVER: Best Meme Coin ICOs to Invest in 2026
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
