HYPE Price Soars After Arthur Hayes Predicts Massive Growth

HYPE, the native token of Hyperliquid, experienced a significant price surge after Arthur Hayes, co-founder of BitMEX, predicted it could increase 126 times in value over the next three years. Following his prediction, HYPE jumped nearly 4% to reach $45.64 on Monday, surpassing its all-time high just under $50 on July 14th. Hyperliquid’s open interest hit a record $15 billion mark, with trading volume peaking at $1.56 billion, signifying strong market activity.