Although volatility is not new in the cryptocurrency market, the center of attention today goes to Hyperliquid (HYPE), which has gained 1.37 percent in its price within 24 hours, raising the value to $37.96. Having a market cap of 12.67 billion dollars and a fully diluted one of 37.96 billion dollars, HYPE has established itself as the 11th cryptocurrency in the market capitalization category.
The sharp increase has attracted much attention, and both investors and traders want to know what can influence the positive dynamics of HYPE. With decentralized finance (DeFi) transforming the world of finance, Hyperliquid is a prime example of an advanced decentralized financial system and its genuinely viable ecosystems that can be viewed as leaders in this sphere. So why is HYPE stirring the waters currently, and what does it indicate in its future?
Hyperliquid is not another cryptocurrency, but a robust 1Layer blockchain that aims to transform decentralized finance. The key feature of Hyperliquid, unlike many other decentralized exchanges (DEXs) that use off-chain order books, is that it possesses an entire in-chain order book, which makes it transparent and secure that all transactions are made.
The transaction finality of this feature is sub-second, and coupled with its proprietary HyperBFT consensus mechanism, makes it uniquely scalable. The system can execute over 100,000 orders in a second, making it a generator of perpetual futures trading, hence attracting traders who are out to experience speed, efficiency, and efficiency in trading.
Hyperliquid also prevails in the lack of gas fees. Eliminating these fees helps the platform lower the number of barriers to usage, hence it is appealing to both retail and institutional investors. The fact that it has incorporated added trading functions like scale orders or the trading of memecoins very smoothly has continued to enhance its popularity.
The innovations have helped Hyperliquid capture a significant share of the blockchain revenue, as reports show it took 35 percent of the total blockchain revenue in July 2025, surpassing the most prominent players such as Ethereum and Solana.
This price growth of 1.37 percent today, which places HYPE at $37.96, can be seen as a matter of both the dynamics of the market and the platform. The trading volume of 24 hours – 152.17 million with its 45.59% increase, demonstrates another rising level of the market activity and the trust of the investors.
This increased liquidity suggests that hyperswap traders are interested in HYPE, possibly due to recent events on the Hyperliquid platform. The fact that the platform has been able to get quality users, in terms of value, in other networks such as Solana has also given it a competitive advantage concerning building a reputation of being a reliable DeFi solution due to its uptime and transparency.
There is also the influence of social sentiment, which is relevant in the modern price movement. In several other platforms, such as X, we find that optimism prevails among users, with only 54 percent of the posts being bullish about the future of HYPE, compared to a low figure of 20.97 percent being bearish.
Coupled with the fact that Hyperliquid is ranked as the 27th most discussed cryptocurrency, this positive buzz suggests a good turnout by the community. Its recent announcement of HyperCore and HyperEVM on its leading network has only intensified the source of expectations as it opens up the potential of developers to create high-speed, developer-compatible decentralized applications (dApps).
Technically, the price action of HYPE is exhibiting a good indication. The trade is also above its 10, 20, 50, 100, and 200 days exponential moving averages (EMAs) a healthy bullish indication that the token will maintain its upward energy.
A 14-day Relative Strength Index (RSI) of 42.65 indicates that the market is neither overbought nor oversold, and more gains can be expected until there is a high risk of correction. An analyst highlighted a recently formed bullish engulfing pattern on the weekly chart, suggesting a potential return to the all-time high of $49.84, reached on July 14, 2025.
The willingness of the token to agency beyond the critical levels of support, including but not limited to the 20-day EMA of $37.50, augments the bullish assumptions. Should HYPE manage to breach the resistance level of $40.90, then analysts believe that the stock will shift to the range of $43-to-$45 shortly.
Still, some have suggested that with favorable market alertness, the future moves of the stock could extend to the range of more than $50 by the end of August. A decline below 36 may, however, cause the bears to test the 34 support area, but the fundamentals indicate that pullbacks shall be short-lived.
One of the main factors that contributes to the growth of hyperliquids is its rapid growth in the ecosystem. With the HyperEVM launch in February 2025, a new development opportunity has emerged to design exchange-fast dApps with EVM flexibility. The combination has made Hyperliquid a one-stop shop for DeFi 2.0 developers to enhance the utility of the HYPE token used to enable governance, staking, and paying fees.
Vulnerabilities that inform app security and lead to the hacking of popular games also demonstrate the platform’s success, as it secured a significant share of perpetual futures trading and achieved an open interest of nine billion dollars by May 2025.
Favorable encounters with whales also point to the future of HYPE. Evidence shows that the big players purchased HYPE to the tune of 9.98 million dollars and moved the price of the token up to $41.16 in January of this year.
This scuttling of whales, together with the total value locked (TVL) at 1.69 billion, indicates that more users are making more deposits and are confiding in this platform. With centralized exchanges struggling, e.g., with the Bybit hack that resulted in a loss of 1.3 billion in early 2025, the Hyperliquid decentralized model will also be offered as a safer method, increasing adoption further.
In the long run, the future of Hyperliquid has been a highlight since analysts have projected that it will open within the range of 39.07 to 43.97 dollars by 2025. It is even more positive in the long-term ones, as some say that HYPE may gain a price of $103.21 in 2030 and up to $369.05 in 2040.
The impetus behind these predictions is the fact that Hyperliquid, despite the current regulatory certainty and cap rotation into altcoins, would continue to have a competitive advantage in the DeFi industry. New capital will also be comingled in North American markets through the prospective listing of HYPE on the Binance US exchange, which has the power to increase the exposure of HYPE further.
Nevertheless, the cryptocurrency market has been and always will be volatile, and investors are recommended to pay close attention and be careful. In the short term, macroeconomic factors, including but not limited to U.S. inflation statistics and Federal Reserve policies, would be able to affect the price of HYPE. Nonetheless, the good fundamentals and cutting-edge technology, along with its developing community support, make Hyperliquid a leading entry into the DeFi ecosystem.
Hyperliquid did not become a top-notch app by coincidence. It has broken ground with its high-performance blockchain, zero gas transaction fees, and a fully on-chain order book of decentralized exchanges. The current market reaction is a 1.37% price increase, indicative of the potentially overwhelming interest in HYP e as a protocol that has the potential to transform DeFi.
This platform has the potential to remain on an upward trend because it continues to introduce innovations and attract more users. For investors and traders, Hyperliquid offers a chance to experience the benefits of working with a state-of-the-art platform that is fast, transparent, and scalable. With the crypto market changing, HYPE is proving to be more than hype-it is a force to reckon with.
