Here’s why Hyperlane price has surged over 100% today
2025-07-11 07:03:23
Main Idea
Hyperlane's native token HYPER surged significantly after being listed on two major South Korean exchanges, with trading volume and open interest reaching record highs.
Key Points
1. HYPER reached an all-time high of $0.66 on July 11, marking a 100% gain in 24 hours and a 450% increase over two trading sessions.
2. Trading volume exceeded $4.1 billion, a 3,000% increase from prior averages, with Upbit leading at $2.6 billion.
3. Open interest in HYPER futures contracts rose 147% to a record $186.5 million, indicating heightened speculative interest.
4. The new KRW trading pairs on Upbit and Bithumb improved accessibility and liquidity for South Korean investors, driving a surge in buying activity.
5. Momentum indicators like RSI and MACD are at multi-month highs, with the next resistance level at $7.
Description
Hyperlane’s native token, HYPER, extended its rally for a second consecutive day following its listing on two premier South Korean exchanges. According to data from crypto.news, Hyperlane ( HYPER ) rallied to an all-time high of $0.66 on July 11, morning Asian time, before stabilizing near $0.61 at the time of writing. This marks a 100% gain in the past 24 hours and a cumulative increase of over 450% over the last two trading sessions. The rally unfolded in a markedly high-volume trading environ...
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