HYPE price surged to a new all-time high, thus potentially entering its parabolic phase of the 2025 bull rally.
The Hyperliquid platform has grown to a vital DEX focused on perpetual futures trading with over $10 billion in Open Interest.
The majority of Polymarket traders doubt whether HYPE could reach $100 by the end of 2025.
Hyperliquid (HYPE) surged to a new all-time high (ATH) of $46.74 in the past 24 hours, entering its price discovery phase during the ongoing 2025 crypto bull market The large-cap altcoin, with a fully diluted valuation of about $46.7 billion, surged 2.2% in value, following Bitcoin’s breakout to $118K. Following the update, the Polymarket shows a 19% chance that HYPE will hit $100 by the end of 2025.
However, while the odds for HYPE to hit $100K remains modest, a majority of bets show investors rooting for the price to hit $50 in 2025, with an imminent listing on Coinbase Global Inc. (NASDAQ: COIN). Furthermore, the DEX, which focuses on perpetual futures trading, has pushed HYPE to the 12th largest digital asset by market cap in less than a year.
Hyperliquid Records Robust Fundamentals
According to on-chain data, the HYPE t…
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