HYPE Hits $65 As ETF Flows Fuel Growth: Is $100 Next?
Cointelegraph
Hyperliquid's HYPE token is rallying toward a potential $100 price target as strong ETF inflows and institutional interest drive market demand.Summary
Hyperliquid's native token, HYPE, has reached a new all-time high of $64.50, fueled by significant investor demand for its associated exchange-traded funds. ETFs from Bitwise and 21Shares have recorded $89 million in inflows, with expectations of further growth from Grayscale’s upcoming product. Analysts suggest this sustained buying pressure could absorb a significant portion of the token's circulating supply. Technical indicators show HYPE in a price discovery phase, with potential upside targets toward $101, supported by robust derivatives data and growing on-chain activity on the Hyperliquid platform.
(Source：Cointelegraph)