With Hyperliquid HYPE and JITO crypto leading the resurgence, don’t miss the launch of 2025’s biggest presale, Wall Street Pepe (WEPE).
Solana DeFi platform Jito (JITO) and the hottest new L1 decentralized exchange (DEX), Hyperliquid (HYPE), are two of the strongest-performing big caps this week.
JITO is up over 20% in the past 7 days and around 7% in the last 24 hours alone. Meanwhile, HYPE is up 14% and 7% in the same timeframes as the market interest shifts back toward projects with real use cases and meaningful utility.
JITO Leading The Market Reversal As It Closes In On $1 Billion Market Cap
Per DefiLlama, Solana’s leading DeFi platform, Jito, has just surpassed $3 billion in total-value locked (TVL), sitting at number 14 of the TVL rankings across all blockchains. This is doubly impressive, considering eight protocols above Jito operate across 2+ blockchains, whereas Jito lives solely on Solana.
Its increase in TVL has coincided with its native token, JITO, which is also among the top-performing tokens this week. While the overall market has been fairly stagnant and sideways, JITO has pumped over 21% in the past seven days and nearly 8% in the last 24 hours.
Trading volume for JITO has also seen a spike and has been averaging around $60 million in daily volume since the start of February, with a number of $100 million+ days over this period.
The next level to watch for JITO is $3.50, which has repeatedly acted as a tough resistance level in the past three months. That price point also coincides with JITO tapping $1 billion in market cap, another psychological barrier often proving a tough nut to crack.
If $3.50 is hit and subsequently flipped into support, there is a clear run to $4. Beyond that, JITO will look to push above and beyond its April 2024 all-time high of $5.
With every other metric for JITO on the rise, such as TVL and trading volume, it looks good to continue this bullish momentum once the market kicks into full gear.
DISCOVER: Aave Proposes Eliminating ETH for Gas Payments: What Does This Mean For Ethereum and DeFi?
The Hype For HYPE Hasn’t Gone Away
Hyperliquid (HYPE) continues to show it is here to stay rather than being a shiny new L1 that everybody forgets about after one week. It is incredibly impressive that, with only 2 protocols to its name and being a relative newcomer compared to its competition, it is outperforming many of the big hitters.
Per DefiLlama, Hyperliquids DEX has more 24-hour volume than Bitcoin, Tron, Berachain, Aptos, and Polygon, with over $144 million. The Hyperliquid platform is now a favorite for many experienced and newer traders due to its low fees and intuitive user interface.
Also, the Hyperliquid team is extremely quick to list new, hot tokens on both their spot and perps books, another alluring factor that keeps users returning to the platform.
The impressive feats of the Hyperliquid platform explain the strength of its native HYPE token. It is up nearly 14% in the past week and over 7% in the last day alone, as investors scramble to add HYPE to their portfolios as the market heats up.
HYPE is currently trading for around $27, with $163 million in trading volume and a $9 billion market cap. These are immensely impressive figures, considering HYPE isn’t unavailable on tier-1 exchanges. Currently, KuCoin is the largest exchange where HYPE is tradable.
Ongoing bullish momentum for HYPE could see it surpass $30 in the short term as it attempts to breach its December 2024 all-time high of $32.4. Once that level is hit, HYPE will enter price discovery, and if that happens as the overall market goes parabolic, triple-digit HYPE will become a realistic target.
BONUS: Sidelined Investors Eagerly Awaiting February 17 Launch Of Wall Street Pepe (WEPE) After $73 Million Presale Sell-Out
With just three days remaining until the public launch of Wall Street Pepe (WEPE), a strongly rumored tier-1 exchange listing could catapult WEPE to be the biggest meme coin launch of Q1 2025.
After already raising over $73 million during its presale, making it the biggest meme coin ICO of 2025, the market hype for this Wolf of Wall Street Pepe-themed project continues to grow.
In 4 days a new era begins. 🐸⚔️ pic.twitter.com/p0C4XnKD3v
— Wall Street Pepe (@WEPEToken) February 13, 2025
Wall Street Pepe (WEPE) is a true FOMO machine. It sold out all its tokens on Sunday February 9, concluding its presale six days before its original scheduled end on February 15.
Now, there seems to be a huge queue of sidelined investors who didn’t pull the trigger in time, eagerly awaiting WEPE’s highly anticipated debut on Uniswap.
With a potential tier-1 centralized exchange listing to go alongside its DEX launch, WEPE could soar past a $500 million market cap in the short-term. This isn’t a far-fetched notion when considering how last year’s top presale, Pepe Unchained (PEPU), came close to reaching that milestone.
Stay up-to date on everything Wall Street Pepe by joining the conversation on X and Telegram.
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