Market speculation regarding a potential Binance spot listing for Hyperliquid (HYPE) has intensified following public comments by BitMEX co-founder Arthur Hayes and the launch of HYPE perpetual contracts on Binance US.
Hayes directly questioned Binance CEO Changpeng Zhao about the possibility of a HYPE spot listing on the global Binance platform. This inquiry amplified existing market interest surrounding the token.
The speculation gained further traction after Binance US listed HYPE perpetual contracts offering leverage of up to 75x. This listing contributed significantly to a price surge, with HYPE briefly reaching $45.
Market data reflects heightened activity, showing HYPE’s price has risen approximately 6% over the past week and 43% over the last month. Trading volume also increased by 20% within the last 24 hours.
While Binance maintains that futures listings do not guarantee subsequent spot listings, market analysts interpret the Binance US move as a potential precursor to a broader global spot listing.
Arthur Hayes has publicly predicted HYPE could reach $100. However, some traders have expressed caution, citing concerns about Hyperliquid’s referral incentive structures and competitive pressures within the derivatives market.