Will HYPE’s New ATH Make It a Top 10 Crypto Sensation? 🚀💰

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As Bitcoin gallivanted to new heights on the last trading day, another darling of the altcoin world, Hyperliquid (HYPE), decided it was time to join the party and mark its own All-Time High (ATH). The 11th largest token, ever the socialite, closely followed the BTC price rally, which soared past the $122,000 mark, while HYPE flirted with the $50 mark but, alas, couldn’t quite seal the deal. Now, as the token takes a slight breather, the question on everyone’s lips is: will the bears dare to spoil the fun and prevent HYPE from entering the top 10 cryptos? 🐻 BTC: $122,000, HYPE: Almost $50, Drama: High!

What’s Driving the HYPE Price Surge?

Hyperliquid has been the talk of the town, or rather, the blockchain, in the past few days. The volume over the platform has been rising consistently since the last week of May, a clear sign that investors are feeling rather optimistic. With the rise in trading activity, Hyperliquid has become the top blockchain in terms of revenue over the last month, leaving Tron, Base, Solana, and even the grand old Ethereum in the dust. 🏆

Moreover, the open interest has surged to over $10 billion, a testament to the growing enthusiasm of traders. According to the latest data from Coinalyze, Binance and Bybit are the leading platforms in this open interest surge. The rising open interest, coupled with the price increase, suggests that traders are not just along for the ride but are actively supporting the bullish trend. 📈

How High Can the Hyperliquid Price Go in 2025?

The HYPE price has recently hit a new ATH, a mere whisker away from $50 at $49.84, which has kept the market momentum at a fever pitch. Despite a small pullback, the token has remained stubbornly close to the highs, above $47. This suggests that the bulls are still in charge, and a massive rise is on the horizon. 🚀

The current price action of HYPE suggests the token is firmly within a bullish range, with the RSI hovering around the upper threshold. The rally has broken above the trend line of the FIB extensions, indicating a strong upswing may be just around the corner. The price could reclaim $50 at any moment, especially as BTC continues to strengthen. Once HYPE secures this range, the next target could be a tantalizing $61. 🎯

When Will Hyperliquid Enter the Top 10

To join the elite club of the top 10 cryptos, Hyperliquid must surpass Cardano’s market capitalization, which stands at a formidable $25 billion, compared to Hyperliquid’s current $15.75 billion. The gap is significant, but if the open interest continues to rise, there’s a chance that HYPE could continue its upward trajectory and unlock even higher targets. Only time will tell if HYPE has what it takes to make the leap. 🌟

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2025-07-15 14:37