Analyzing the recent surge of Hyperliquid’s (HYPE) token price, analysts are drawing parallels to Solana’s explosive breakout in 2021. Both show a similar price structure and chart fractal, suggesting a potential for a substantial rally. Notably, HYPE’s daily chart echoes Solana’s trajectory from early 2021: a decisive break above key Fibonacci levels triggered a rapid upward move, resulting in a 291% surge from $4.90 to $19. 2025’s HYPE price is mirroring this structure after a 270% rebound from lows. This potential for a similar surge has drawn attention to the token’s success story and echoes Solana’s explosive growth in 2021. Furthermore, the RSI indicates strong momentum for HYPE, with readings above 84 signifying a potentially powerful trend. If this momentum continues, the next target could be the 1.618 Fibonacci extension level near $51.68. A break through this level would signal an impressive 240% rally from its recent breakout zone near $35. Hyperliquid’s vision aligns with Solana and FTX’s early collaboration in building a high-performance, low-cost crypto trading platform. The token’s focus on decentralization, with nearly 97% of revenue directly benefiting HYPE holders, is another element driving investor optimism. Experts highlight that similar patterns to past success stories are attracting traders drawn by the familiarity and potential for further price gains. This has created a psychological effect where traders look for such patterns, expecting similar trends as seen in previous successful assets like Bitcoin and Ethereum.