Hyperliquid (HYPE) Surges: Will Price Reach $35 This Weekend?

The cryptocurrency space is buzzing with excitement for Hyperliquid, an up-and-coming DeFi platform, which has recently achieved record-breaking milestones. HYPE’s open interest soared to a staggering $8.9 billion, signifying growing momentum in the DeFi market. This surge in activity was further fueled by USD coin TVL hitting a new high of $3.2 billion on the network – demonstrating Hyperliquid’s strong influence within the USDC ecosystem. The platform’s 24-hour network fees have also surged to $5.4 million, indicating high user engagement and investor interest.