Arthur Hayes Says Hyperliquid's HYPE Token Could Reach $150 by 2026

Arthur Hayes believes Hyperliquid’s HYPE token has the potential to reach $150 by 2026, based on the platform’s strong revenue, genuine trading activity, and disciplined token supply. He noted Hyperliquid distinguishes itself from competitors through actual usage rather than incentivized volume, generating nearly $1 billion in annualized revenue. The platform’s HIP-3 system allows trading of diverse assets, including oil and equity indices, attracting traders seeking 24/7 access and higher leverage. Hayes emphasizes Hyperliquid’s low ratio of trading volume to open interest, indicating authentic demand and minimal wash trading. However, he cautions that rising hype, increased competition, or a high price-to-earnings ratio could signal a time to exit his position. He also highlighted privacy-focused crypto projects like Zcash and reaffirmed his bullish outlook for Bitcoin, predicting it could reach $250,000 by year-end.

(Source：CoinDesk)