HYPE Price Surge: Why Hyperliquid Is Rising Against the Market Trend?
Why Is HYPE Defying the Crypto Market Downtrend?
Hyperliquid (HYPE) is trading around $33.10 despite a bearish market trend. As seen in the chart, HYPE has recently recovered from a low of ~$30 and is showing relative strength compared to the broader crypto sell-off. This divergence is largely driven by:
- Layer-2 Hype: Hyperliquid is part of the next-generation L2 trend, focusing on high-frequency trading and seamless UX, which has attracted whales and advanced DeFi users.
- Fresh Momentum from ATH: Just days ago, HYPE hit a new ATH of $39, drawing attention from investors seeking alternatives to congested L2s like Arbitrum and Optimism.
- Positive Sentiment from Analysts: According to analysts' reports, strong fundamentals and consistent volume support could push HYPE into price discovery again soon .
- Supply and Liquidity Mechanics: Limited token supply and the token’s integration into the Hyperliquid trading platform strengthen HYPE's utility-driven valuation.

Can HYPE Reach a New All-Time High Soon?
The potential is there . Despite a temporary retracement from $39 to ~$30, HYPE has shown strong support at the $31–32 range and is now stabilizing above $33.

Key Factors to Watch:
- Bullish Continuation Pattern: If HYPE maintains higher lows and breaks resistance near $34.50, a retest of $37–39 is likely.
- On-Chain Metrics: Increased user activity on the Hyperliquid platform and rising TVL could drive renewed interest.
- Macro Sentiment Recovery: If Bitcoin stabilizes and the market sentiment shifts bullish again, HYPE could benefit from being a high-beta altcoin.
Verdict: Momentum is Strong – But Watch for Confirmation
HYPE remains one of the few tokens resisting the overall market drop . With a solid ecosystem, real trading demand, and recent bullish structure, a move toward or even beyond $40+ is possible — but it will depend on broader crypto market stability and volume continuation.
$HYPE, $Hyperliquid
Why Is HYPE Defying the Crypto Market Downtrend?
Hyperliquid (HYPE) is trading around $33.10 despite a bearish market trend. As seen in the chart, HYPE has recently recovered from a low of ~$30 and is showing relative strength compared to the broader crypto sell-off. This divergence is largely driven by:
- Layer-2 Hype: Hyperliquid is part of the next-generation L2 trend, focusing on high-frequency trading and seamless UX, which has attracted whales and advanced DeFi users.
- Fresh Momentum from ATH: Just days ago, HYPE hit a new ATH of $39, drawing attention from investors seeking alternatives to congested L2s like Arbitrum and Optimism.
- Positive Sentiment from Analysts: According to analysts' reports, strong fundamentals and consistent volume support could push HYPE into price discovery again soon .
- Supply and Liquidity Mechanics: Limited token supply and the token’s integration into the Hyperliquid trading platform strengthen HYPE's utility-driven valuation.

Can HYPE Reach a New All-Time High Soon?
The potential is there . Despite a temporary retracement from $39 to ~$30, HYPE has shown strong support at the $31–32 range and is now stabilizing above $33.

Key Factors to Watch:
- Bullish Continuation Pattern: If HYPE maintains higher lows and breaks resistance near $34.50, a retest of $37–39 is likely.
- On-Chain Metrics: Increased user activity on the Hyperliquid platform and rising TVL could drive renewed interest.
- Macro Sentiment Recovery: If Bitcoin stabilizes and the market sentiment shifts bullish again, HYPE could benefit from being a high-beta altcoin.
Verdict: Momentum is Strong – But Watch for Confirmation
HYPE remains one of the few tokens resisting the overall market drop . With a solid ecosystem, real trading demand, and recent bullish structure, a move toward or even beyond $40+ is possible — but it will depend on broader crypto market stability and volume continuation.
$HYPE, $Hyperliquid
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin ETFs See $157 Million Outflow Ending Inflows Streak
Flare Token Surges Amid XRP Integration Announcement
IG Group Launches Retail Crypto Trading in UK
US Sells Seized Bitcoin, Faces Significant Financial Losses
Trending news
MoreCrypto prices
More








