Hyperliquid Price Forecast: Can HYPE Reach 90 USD This Year?
Hyperliquid is emerging strongly in the cryptocurrency market. HYPE's price is currently at 42.18 USD, growing 6.5% in just 24 hours. Weekly, HYPE has increased 23%, and compared to the previous month, 68%. Notably, the explosive 1,200% growth in 6 months has shocked the cryptocurrency trader community.
Technically, indicators show a neutral signal but slightly leaning towards a bullish trend. Momentum indicators like MACD and Momentum demonstrate high buying strength, while most moving averages remain firmly in a Bull state. However, the market remains somewhat cautious - the overall trend is positive but not hasty.
Hyperliquid's major breakthrough is generating 64.8 million USD in revenue in the last 30 days, surpassing many DEX giants like Ethereum, TRON. Notably: 97% of profits are directly converted into HYPE Token buybacks, directly allocating value to holders. A sustainable momentum. Nevertheless, experts warn about potential short-term corrections around 36 USD or even 30 USD.
After pumping to 44 USD, the unstake queue on Hyperliquid remains almost unchanged - a rare scenario during strong price increases. Investors' calmness and confidence indicate enormous platform trust. A short-term correction, if it occurs, would be healthy for a new growth cycle. Fundamental factors remain very solid, predicting quick recovery if HYPE price drops.
Analysts predict HYPE could surpass its historical peak of 43.86 USD and target 90.72 USD before year-end. Growth momentum is based on platform usage growth, smart mobile application updates, and leading position in the Derivative DEX market with nearly 70% global market share.
Hyperliquid recorded Derivative trading volume of 11 billion USD/day in late May, with total open interest reaching 10.1 billion USD, becoming one of the world's five largest Derivative platforms. Recent Binance listing rumors have driven trading volume up over 20%. The platform operates quickly, with low fees, easily attracting capital flow and crypto investors seeking optimal experiences.
Despite attractive long-term prospects, HYPE might retreat to 32 USD this month. Data from CoinCodex predicts prices reaching 103 USD by 2026, with significant growth potential starting from March. CoinDCX's forecast is even more optimistic, expecting HYPE to reach 43-45 USD this week, 85 USD in 2025, and potentially jumping to 125 USD in 2026. Overall, long-term demand still overwhelms despite potential short-term adjustments.
