HYPE Coin Soars: Record Price Surge Ignites Crypto Buzz

Hyperliquid (HYPE) has experienced a remarkable surge, climbing over 15% in the past 24 hours and reaching a new all-time high of $39.96. This impressive performance sees HYPE surpass Sui (SUI) to become one of the top eleven cryptocurrencies by market cap. While some investors are taking profits, sustained trading volume and increased activity from whales suggest a bullish trajectory remains in place. 395,000 HYPE tokens were accumulated over five months by a single whale, recently selling for $28 million, while three larger wallets amassed around $5.3 million worth of HYPE, highlighting strong interest from institutional investors.