HYPE Soars 20%, Hits All-Time High as Hyperliquid Mania Continues

The native token of Hyperliquid, HYPE, has experienced a remarkable surge in price, soaring over 20% within the past 24 hours. This impressive jump took HYPE to a record high of $37.17 on May 23rd. The current rally in HYPE price is largely attributed to the continued excitement surrounding Hyperliquid, a decentralized perpetual trading platform that has been making waves in the crypto market recently.