Join Our Telegram channel to stay up to date on breaking news coverage
Hyperliquid (HYPE) is turning heads once again as it climbs toward the $45 mark, signaling renewed optimism among traders and investors. After a stretch of sideways movement, the token is showing clear signs of recovery, driven by improving technical indicators and growing market attention. But with resistance levels looming and momentum still in its early stages, can HYPE truly sustain this breakout?
HYPE Key Statistics
- Current Price: $40
- Market Cap: $13.3 billion
- Trading Volume (24h): $267 million
- Circulating Supply: 334 million HYPE
- Total Supply: 999 million HYPE
- CoinMarketCap Ranking: #11
HYPE currently sits 12.68% below its highest point in the last 30 days, yet it has edged 2.12% above its recent 7-day peak. More impressively, from the lowest levels in the same timeframes, the token has surged by 29.20% over 30 days and 26.53% over the past week—reflecting a strong recovery and growing upward momentum.
HYPE/USDT Market
Key Levels
- Resistance: $42, $44, $45
- Support: $38, $35, $31
Hyperliquid (HYPEUSDT) appears to be regaining strength, with its price currently trading at $40.78 after a 2.62% uptick. Following a brief consolidation phase, the chart reveals a subtle breakout formation, supported by the Parabolic SAR flipping below the price—an early signal of potential upward momentum. The MACD line is inching closer to crossing above the signal line, a classic bullish crossover in the making. The red histograms are also fading. If the current trend continues, HYPE may aim to retest the immediate resistance levels at $42, $44, and the recent high of $45. However, failure to break past $42 could invite mild profit-taking, momentarily cooling off the climb.
On the downside, should bearish pressure creep back in, HYPE may first lean on $38 as its immediate support. A deeper retracement could see the token revisit $35, with stronger protection lying at $31—where past accumulation zones remain visible. Still, as long as the MACD continues narrowing toward a bullish crossover and the SAR dots stay underneath the candles, buyers are likely to retain control. Market watchers should keep a close eye on volume and momentum shifts in the coming days, as these will dictate whether this bullish revival turns into a sustained rally or simply fades into another range-bound phase.
Hyperliquid (HYPE) Sets Sights on $45 – Can the Momentum Last?
With renewed energy in the market, Hyperliquid (HYPE) is making a confident stride toward reclaiming its previous high near $45. After shaking off a period of sideways action, the token has picked up pace, supported by growing interest and favorable price action. The steady climb suggests that sentiment is shifting in HYPE’s favor, and if this momentum holds, the $45 zone may not remain a ceiling for long. Traders and observers alike are now watching closely, as HYPE appears to be entering a phase where bullish intent meets real follow-through.
HYPE Token Buy Pressure & How Hyperliquid Flips Binance
On a broader scale, HYPE’s fundamentals continue to draw attention. As a key player in decentralized finance innovation, the project is gaining traction due to its scalable architecture and active development community. Recent partnerships and ecosystem updates have sparked renewed confidence among investors, while exchange activity and community engagement remain healthy. With both technical and fundamental drivers aligning, the big question now is—can HYPE ride this wave all the way to new highs?
HYPE/USDT (4H Chart)
Hyperliquid is beginning to show signs of life on the 4-hour chart, with momentum shifting in favor of the bulls. The MACD has crossed above its signal line, and the growing green histograms suggest increasing buying pressure after a quiet consolidation phase. Meanwhile, the Parabolic SAR has shifted below the price, reinforcing this shift in sentiment. Although the move is still in its early stages, the chart hints at a brewing uptrend that could gain strength if current conditions hold.
Building on this early technical momentum, a recent post on X by Nezuron highlights that Hyperliquid currently generates over 3.4 times more revenue than Ethereum, yet its market cap-to-revenue ratio remains around 15.5x—significantly lower than many other major crypto assets. He sees this as a clear sign that the market continues to undervalue Hyperliquid relative to its strong earnings performance. The post presents a bullish case for HYPE, suggesting it has considerable upside potential as investors increasingly focus on fundamentals like real revenue generation.
these are very interesting numbers especially the 'market cap/revenue' column, which is conceptually similar to the P/E ratio in traditional finance.
1) hyperliquid is taking top spot in raw revenue, generating over 3.4x more than ethereum, yet its MC/Rev is only ~15.5x. pretty… pic.twitter.com/r2Wj6lCuC4
— Nezuron (@nezuron_) June 29, 2025
Alternatives to HYPE
HYPE is steadily making waves in the DeFi space, thanks to its robust fundamentals, scalable infrastructure, and a development community that’s actively pushing innovation. As interest in the project grows, a new tool—Best Wallet—is stepping into the spotlight, offering users a smarter, more secure way to manage HYPE and other digital assets.
Best Wallet is designed with simplicity and power in mind. It combines secure crypto storage, smooth transaction capabilities, and a DEX aggregator into one sleek interface. Whether you’re tracking multiple tokens or diving into DeFi opportunities, the platform keeps everything accessible and efficient.
Best Wallet Presale Token Demonstrates Huge Potentials
Fueling this ecosystem is the $BEST token, which goes beyond just covering fees. It unlocks governance rights and offers staking rewards, making it a valuable asset in its own right. With a strong debut—raising over $13.5 million in its presale—$BEST shows clear momentum. Now that Best Wallet is live, it’s shaping up to be a go-to hub for anyone looking to take full control of their digital finances in a decentralized world.
Related News
- Hyperliquid Price Prediction for Today, May 22 – HYPE Technical Analysis
-
Best Wallet Presale Soars Past $13.5M, Redefines Web3 Wallet Experience
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage