by: xpoolPosted on:

Lion Group Fully Converts SUI to Hyperliquid’s HYPE: Fueling a Boom in Price and Adoption

Trading platform Lion Group Holding has completed the conversion of its entire SUI holdings into HYPE, the native token of the Hyperliquid blockchain. This move follows confirmation from VanEck that it will launch HYPE ETFs in the U.S. and Europe, along with Hyperliquid’s proposed USDH stablecoin. The result is a significant surge in price for HYPE, with the token rising more than 22% in just one week. Lion Group joins other institutional investors who are increasingly turning to Hyperliquid’s ecosystem.

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