$HYPE reached a new historical maximum of $50 due to strong growth and significant interest, making it the next candidate for growth to $55-$73 in the near term.
According to BeInCrypto Market, the Hyperliquid token (HYPE) recently set a new historical maximum, surpassing the $50 mark. This is an important psychological milestone indicating an expansion of the project's market capitalization and liquidity.
The achievement of this maximum occurred immediately after the news that BitGo, one of the largest providers of crypto asset custody services, added support for HYPE for its institutional clients. Support at this level will allow major market players to invest in HYPE, which will contribute to further growth.
July was a record month for the ecosystem, and the deflation mechanism $HYPE only enhances the positive expectations. If this dynamic continues, Hyperliquid has every chance of further rapid development. Given all these factors, many experts consider HYPE a promising investment. Arthur Hayes, co-founder of BitMEX, even predicted a growth $HYPE of 126 times over three years.
However, it is worth maintaining realistic expectations. The targets of $55-$73 can only be achieved if the $50 level is reliably held as support, trading volumes remain high, and there are no signs of a sell-off.
