Hyperliquid Price Stabilizes Near $44, Revenue Hits Record High

Hyperliquid’s price shows signs of consolidation after a week of selling pressure. The HYPE token trades at $44.59 with a minimal 0.2% daily gain but a 10.65% weekly loss. Market cap now sits at $14.91 billion, while trading volume has dropped 18%, to $204.66 million. This suggests reduced market participation. 24-hour price action ranges from $43.42 to $45.20, reflecting indecision among traders. However, the 30-day EMA at $44.04 offers some mid-term stability.