HYPE Coin Soars: Record High, Whale Investment, and Ecosystem Expansion Drive Impressive Growth

Hyperliquid (HYPE), a rising star in decentralized finance (DeFi), is experiencing unprecedented growth due to its dominance in futures trading. As the coin’s price surged past $39.83, investors are noticing, especially after a notable cryptocurrency whale expanded their holdings and increased activity on the platform. This surge was driven by increasing interest from major investors and expanding applications within the DeFi ecosystem. 38% more wallets acquired HYPE during this period, with at least three large investors making single purchases exceeding $5 million each. This helped to tighten the liquid supply of the coin, driving its price upward.