HYPE Token Soars Following Robinhood Listing and SEC Filing – Market Outlook Uncertain

HYPE, the cryptocurrency token powering decentralized exchange Hyperliquid, has seen significant price appreciation following its listing on US trading platform Robinhood and the accompanying filing with the Securities and Exchange Commission. As of this writing, HYPE trades around $40, with a 24-hour trading volume exceeding $517 million. The token has gained 3% in the past day and is up 15% over the past week. This recent surge marks a clear break from the downward trendline that had held back HYPE for several weeks.