HYPE holds strong near $33.50 despite broader market uncertainty.
Platform growth and low liquidity support a potential breakout toward $45–$50.
Hyperliquid pushes for U.S. regulatory clarity while user adoption accelerates.
Hyperliquid’s HYPE is no longer a mere ticker —it’s a movement with serious fire behind it. While Bitcoin naps and Ethereum stalls, HYPE races forward like a sprinter chasing gold. Traders can’t look away. The token hovers around $33.50, not far from a fresh all-time high of $39.96. Meanwhile, others are stuck in neutral. Something special fuels this engine—and it’s not just luck. Hyperliquid is shaking the ground beneath bigger names.
https://twitter.com/felixprotocol/status/1929870480623677915 Liquidity Thins, Volume Climbs, and Resistance Fades
Daily buying pressure remains relentless, hitting $2.5 million. At the same time, staking unlocks near completion. This rare cocktail creates thin sell-side liquidity—just enough spark to ignite another breakout. Observers watched HYPE smash through previous resistance. Now, the token moves like a prizefighter dancing around flat-footed giants. Even as broader markets wobble, HYPE finds its rhythm and refuses to fall in line.
On May 26, the project announced open interest hit $10.1 billion. That figure shattered previous records. Users keep pouring in, choosing Hyperliquid over familiar names like Binance or Coinbase. Analysts spot familiar footprints from the SUI token. Both charts show similar setups: long basing patterns, explosive breakouts, and strong follow-through. HYPE now walks that same path. If history repeats, $45 to $50 may soon flash on screens.
Growth Meets Regulation—And Opportunity Follows
Currently, HYPE's price hovers above critical demand zones. Support between $28.50 and $30 protected previous rallies. A clean bounce from these zones could send HYPE back toward the $40 mark. The RSI once hit 86.5, blazing into overbought territory. It now cools below the 14-day average. This cooldown often precedes another leg up. Short sellers remain trapped. Many called for a top since $15. They still wait for a collapse that refuses to arrive.
Hyperliquid recently sent feedback to the CFTC. The team made a bold case for decentralized access. Their comments touched on 24/7 trading and clear rules for DeFi platforms. They aim to shape the future—not dodge it. The project believes smart regulation could unlock growth for the entire financial system. One quote stood out: “Supporting DeFi in the U.S. with open dialogue is an opportunity to ensure the U.S. remains a leader in financial innovation.
”Low fees and high-speed trades continue drawing users like bees to nectar. Volume spikes and platform activity prove this isn’t hype—it’s traction. HYPE now faces resistance at $40, the peak from last week’s rally. The token pulled back for four straight days after reaching that mark. Bulls will need to flip that level into support for further gains. With momentum rising, fundamentals improving, and interest growing, the runway looks wide open.
