Hyperliquid Sees Bullish Breakout and Growing Institutional Interest

The cryptocurrency ecosystem is buzzing about Hyperliquid’s continued positive momentum, as the native token HYPE has surged to a new all-time high ($4,500), fueled by growing bullish sentiment. The crypto market is closely observing the platform’s performance after it established a consistent upward trend in recent days. Analyst Lingrid highlights the potential for a further rally toward the $62-$65 price range as HYPE remains within an ascending channel pattern. However, if the price retraces back to its previous consolidation area, this could indicate exhaustion of momentum. 19.53% growth in just seven days signifies HYPE’s strength.