Hyperliquid (HYPE) is acting strong as it closes the gap to the $50 crypto price mark. Currently trading at around $39.32 with a strong community conviction, whale accumulation, and recent all-time highs, this rally is preparing for a brand-new all-time high.
Backed by bullish endorsement and skyrocketing open interest, HYPE is capturing attention as the go-to bet on DeFi’s perpetual futures. With key updates, massive fee buybacks, and institutional interest in the project, the token’s breakout narrative is growing daily.
Why HYPE Crypto Is Real
HYPE has recently positioned itself as one of the most famous and explosive assets in the current bull cycle. Right now, at #13 by market capitalization, ahead of heavyweights such as SUI, Chainlink, and AVAX, HYPE is the alpha pick for decentralized perpetual. With its price at $39.30 as of now, and shy of its ATH of $45.57 just 20 days ago, the community believes it is a matter of time, not if.
Another green weekly candle for $HYPE
Feels like a bit of consolidation before the inevitable leg up to $50-$75
Hyperliquid pic.twitter.com/chS8IBJYm9
— 800.HL (@degennQuant) July 7, 2025
DISCOVER: Best Meme Coin ICOs to Invest in 2025
But what is pushing this strong momentum? For starters, major whale activity over $14.9 million in token buys and staking within a couple of hours shows long-term conviction from serious players. Add an influencer like Arthur “Max” Hayes, who endorses the project publicly, and even play a game hinting at CZ about listing on the spot for Binance Global.
If that happens, this could lead to another super bullish wave. The project will face a bigger scene, more liquidity, and fresh money to pour in.
Hey @cz_binance does this mean Binance is about to list $HYPE spot soon? https://t.co/e7Qk1RGtJ0
— Arthur Hayes (@CryptoHayes) June 9, 2025
DISCOVER: Top Solana Meme Coins to Buy in 2025
On the technical analysis side, things look HYPEr bullish. Previous resistance at ~32 has been turned into strong support, and an upward channel is keeping the price going up like on the staircase.
RSI 14 looks like it is resetting while the price keeps climbing, which shows immense strength from the bulls. The volume profile shows strong support for POC areas.
On the other hand, fundamentals support technical analysis, creating a perfect confluence. The DEX owns 75% of the perpetual market and routes 97 % of fees into buybacks… it cannot get more bullish than this, but it will.
Institutional presence is also here via Fireblocks custody. It $3.2 billion in USDC TVL, showing capital that will stay and future airdrops totaling 39% of the supply, as incentivizing usage.
HYLQ Strategy Corp: Public Gateway to Diversified Crypto and Tech Exposure
As HYPE is one of the most compelling projects in crypto, another giant is ready to play alongside HYPE. This time, this is TradFi powerhouse HYLQ Strategy Corp., previously known as Tony G Co-Investments Holdings Ltd., the company rebranded in June 2025 to widen its focus on the rapidly growing crypto and Web3 markets.
HYLQ Strategy Corp. is a Canadian investment holding company offering investors access to diversified portfolios. They focused on high-growth sectors like DeFi, online gaming, and digital payments.
HYLQ is publicly traded on the Canadian Securities Exchange, with speculation to be listed on NASDAQ. This move can unlock a huge amount of new capital inflow and institutional attention.
The Company has its headquarters in Mississauga, Ontario, and follows a modern corporate treasury model. Allocating capital into promising digital assets and tech ventures.
HYLQ is the first publicly traded company that has allocations in HYPE on its books. This bold statement shows that HYLQ has a strong conviction in decentralized financial infrastructures and high-performance crypto assets. For more information on HYLQ and how to buy it, read our detailed HYLQ guide.
DISCOVER: 20+ Next Crypto to Explode in 2025
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Key Takeaways
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
