{"id":54050,"date":"2025-06-11T14:35:59","date_gmt":"2025-06-11T14:35:59","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/hype-coin-breaks-42-again-as-hyperliquid-hits-1-73b-tvl\/"},"modified":"2025-06-11T14:35:59","modified_gmt":"2025-06-11T14:35:59","slug":"hype-coin-breaks-42-again-as-hyperliquid-hits-1-73b-tvl","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/hype-coin-breaks-42-again-as-hyperliquid-hits-1-73b-tvl\/","title":{"rendered":"Hype Coin breaks $42 again as Hyperliquid hits $1.73B TVL"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-17-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-17-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-17-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-17-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>RSI at 73.76 flags short-term overbought conditions.<\/li>\n<li>Futures open interest reaches $1.89 billion, an all-time high.<\/li>\n<li>Annual fees of $851 million back ongoing token buybacks.<\/li>\n<\/ul>\n<p data-start=\"61\" data-end=\"519\">Hyperliquid\u2019s native token HYPE has surged past $42 for the fourth time in 2025, drawing renewed attention to its performance as one of the top DeFi assets by market engagement, futures open interest, and Layer-1 network activity.<\/p>\n<figure id=\"attachment_314205\" aria-describedby=\"caption-attachment-314205\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-314205\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/06\/hype.jpg\" alt=\"hype price\" width=\"1517\" height=\"570\"\/><figcaption id=\"caption-attachment-314205\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/coinmarketcap.com\/currencies\/hyperliquid\/\">CoinMarketCap<\/a><\/figcaption><\/figure>\n<p data-start=\"61\" data-end=\"519\">Unlike short-lived meme coin rallies, this price action comes on the back of growing institutional activity, whale accumulation, and rising protocol usage that has pushed Hyperliquid\u2019s total value locked (TVL) to $1.73 billion.<\/p>\n<p data-start=\"521\" data-end=\"951\">At the time of writing, the HYPE token is in price discovery, buoyed by a series of on-chain and technical indicators showing significant upward momentum.<\/p>\n<p data-start=\"521\" data-end=\"951\">The latest move above $42 has not only sustained but extended gains made since early April, when the coin traded near $9.29.<\/p>\n<p data-start=\"521\" data-end=\"951\">Since then, HYPE has jumped more than 350%, becoming a focal point for both retail and professional traders in the decentralised finance (DeFi) space.<\/p>\n<h2 data-start=\"953\" data-end=\"994\">On-chain data shows whale accumulation<\/h2>\n<p data-start=\"996\" data-end=\"1441\">A cluster of large transactions involving millions in USDC and SOL highlights the growing interest from high-conviction traders.<\/p>\n<p data-start=\"996\" data-end=\"1441\">Two separate wallets deposited $19.43 million in USDC to open 5x long positions on HYPE futures.<\/p>\n<p data-start=\"996\" data-end=\"1441\">In another major move, one whale used $11.8 million in SOL as collateral to borrow $4 million in USDC and proceeded to buy and stake 126,353 HYPE tokens at a price of $39.10.<\/p>\n<p data-start=\"1443\" data-end=\"1764\">A third wallet purchased 259,367 HYPE using $9.97 million in USDC, showing that capital inflows are not just speculative but strategically placed.<\/p>\n<p data-start=\"1443\" data-end=\"1764\">The open interest on HYPE futures has reached an all-time high of $1.89 billion, according to Coinglass.<\/p>\n<p data-start=\"1443\" data-end=\"1764\">This aligns with a sharp increase in platform fees and user activity.<\/p>\n<h2 data-start=\"1766\" data-end=\"1813\">Technical indicators signal bullish strength<\/h2>\n<p data-start=\"1815\" data-end=\"2218\">The HYPE\/USDT chart confirms a strong parabolic move that places the token\u2019s momentum in overbought territory.<\/p>\n<p data-start=\"1815\" data-end=\"2218\">The <a href=\"https:\/\/in.tradingview.com\/symbols\/HYPEUSDT\/technicals\/\">Relative Strength Index<\/a> (RSI) currently sits at 73.76, suggesting that while bullish pressure is dominant, short-term corrections may occur.<\/p>\n<p data-start=\"1815\" data-end=\"2218\">The MACD shows a bullish crossover above the zero line, although the histogram has begun to flatten, indicating that momentum may be levelling off.<\/p>\n<p data-start=\"2220\" data-end=\"2487\">Another key metric, the BBTrend momentum indicator, remains elevated.<\/p>\n<p data-start=\"2220\" data-end=\"2487\">While this reflects sustained bullish interest, such prolonged readings often precede price volatility or sharp pullbacks, particularly when parabolic price curves begin to test structural support.<\/p>\n<p data-start=\"2489\" data-end=\"2716\">Current resistance lies near $44.50. A breakout above this level could set off a new rally targeting $50.<\/p>\n<p data-start=\"2489\" data-end=\"2716\">If the price fails to hold $38, it could retrace to $34 or even as low as $26.89, which remains a critical support level.<\/p>\n<h2 data-start=\"2718\" data-end=\"2763\">Hyperliquid ecosystem metrics rise sharply<\/h2>\n<p data-start=\"2765\" data-end=\"3076\">The Hyperliquid platform continues to record strong growth across multiple fronts.<\/p>\n<p data-start=\"2765\" data-end=\"3076\">According to DeFiLlama, TVL now stands at $1.73 billion, placing it among the most liquid Layer-1 DeFi protocols.<\/p>\n<p data-start=\"2765\" data-end=\"3076\">Artemis data shows that daily fees reached $2.99 million, outperforming even Ethereum and Solana on certain days.<\/p>\n<p data-start=\"3078\" data-end=\"3348\">With an annual revenue of $851 million and 97% of that earmarked for token buybacks, the HYPE token\u2019s price floor has gained further strength.<\/p>\n<p data-start=\"3078\" data-end=\"3348\">The fully diluted valuation (FDV) now stands at $42.05 billion, making HYPE one of the most valuable DeFi assets by market cap.<\/p>\n<p data-start=\"3350\" data-end=\"3641\">These metrics point to a deepening user base and growing institutional trust.<\/p>\n<p data-start=\"3350\" data-end=\"3641\">With sustained open interest, high daily activity, and whale support, Hyperliquid is positioning itself as more than just another token rally \u2014 it\u2019s becoming a major infrastructure layer within the DeFi ecosystem.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-3.png\"\/><br \/>\n        <\/a>\n    <\/div>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/hype-coin-breaks-42-again-as-hyperliquid-hits-1-73b-tvl\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) RSI at 73.76 flags short-term overbought conditions. Futures open interest reaches $1.89 billion, an all-time high. Annual fees of $851 million back ongoing token buybacks. Hyperliquid\u2019s native token HYPE has surged past $42 for the fourth time in 2025, drawing renewed [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":54051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54050"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=54050"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54050\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/54051"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=54050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=54050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=54050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}