HYPE Token Soars to New All-Time High: Driven by Whale Activity & Market Hype

The HYPE token of Hyperliquid experienced a significant price surge, reaching a new all-time high, driven by heavy trading activity and market momentum earlier this week. The token’s value surged nearly 25%, marking a record high before retracing slightly. This increase in price has led to a substantial rise in the HYPE token’s market capitalization, reaching $32.8 million according to various exchanges.