HYPE Soars to New High of $55 after Lion Group’s Strategic Investment Spark Market Surge

Hyperliquid’s native token HYPE experienced a significant surge, reaching a new all-time high of $55 on Monday. This jump, driven by approximately 10% gains, has pushed its market capitalization to $18.26 billion. The catalyst for this rally is Lion Group Holding Ltd.’s (LGHL) bold decision to reallocate a portion of its crypto treasury from Solana and Sui into HYPE.