Watch out for HYPE!
🚀 Price & Momentum
Current price ~ $44.60, up ~10% in the last 24 hrs and ~22% over the week binance.
Recently reached a fresh all-time high (~$44) and is approaching a short-term upside target near $46.35, based on technical analysis and derivatives data.
On‑chain & Exchange Catalysts
Explosive on‑chain growth: TVL on its layer‑1 up ~311%, ~70% growth in the last 30 days, now ₹$2 billion+
Massive derivatives activity: Open interest surged to record-highs ($1.9 B+), long-to-short ratio >1.2—signals bullish trader sentiment crypto.
The Assistance Fund has bought back over $1 billion worth of HYPE using protocol revenue, acting as a continual price-support mechanism—though some critics view this as front‑loaded
Binance Listing & Whale Behavior
Spot futures listing on Binance US and strong speculation for a full Binance spot listing have sparked 7–20% volume surges
Large whale addresses have recently accumulated millions of dollars in HYPE at prices between $35–$38
Watch for a Binance or Binance US official listing date—this could trigger a sharp rally.
Track on-chain metrics like TVL and OI; continued growth is bullish.
Always use well-defined stop losses, especially in volatile environments like DeFi.