Hyperliquid ($HYPE ) is approaching its historical peak 🚀
The HYPE token continues to rise 2.7% in 24 hours, extending a 31% increase over the past week, currently trading around $48, close to the former peak.
In the past week, $25 million in stablecoins has flowed into the ecosystem, with TVL surpassing $2.41 billion, placing Hyperliquid in the top 10 global blockchains.
The DEX perp volume increased by 35.9%, reaching $58 billion, while competitors like Aster reported a decline.
Network revenue reached $20.19 million, ranking third in the market, while this month's staking rewards reached $90 million, reflecting investor confidence and low selling pressure.
Technically, $HYPE is testing resistance at $47–$49; if it breaks out, the next target could be $59 — conversely, it may return to test the nearby support area.
Not investment advice. If you buy HYPE at the peak, at least you can still say you “participated at the right… historical moment.” 😅