HYPE Token Shows Resilience Amid Bybit Listing and Grayscale Consideration, Potential for New Highs
2025-07-11 05:57:12
Main Idea
HYPE token shows resilience with a 7.62% gain, driven by its listing on Bybit and consideration by Grayscale, supported by Hyperliquid's strong performance in DeFi and perpetual trading.
Key Points
1. HYPE token rebounded with a 7.62% daily surge, trading at $44.55 and nearing its previous all-time high.
2. The token's 24-hour trading volume increased by 40.2%, reaching $421.8 million, indicating heightened market activity.
3. Bybit's listing of HYPE is expected to enhance its market visibility and liquidity.
4. Grayscale's consideration of HYPE for Q3 2025 could attract institutional investment and capital inflows.
5. Hyperliquid's daily revenue has outperformed Ethereum and Solana, and it holds a 60% share in the perpetual trading market.
Description
HYPE token demonstrates strong resilience and growth potential, rebounding from a June correction with a notable 7.62% daily increase. Recent developments such as its listing on Bybit and inclusion in
Latest News
- GMX Hacker Returns $37.5 Million in Stolen Crypto Including 9,000 ETH and 10.5 Million Frax2025-07-11 10:42:05
- Bitcoin Shorts Face Possible Liquidations Amid Record Price Surge Above $118,0002025-07-11 10:41:29
- Malta’s MiCA Crypto Licenses Appear Secure Amid ESMA Peer Review and Regulatory Recommendations2025-07-11 10:29:44
- GMX Hacker Returns Additional 3,000 ETH, Totaling 6,000 ETH Recovered2025-07-11 10:27:59
- Bitcoin Nears $118K Amid Germany’s Early Sale Losses and Blockchain Bond Initiatives on Polygon2025-07-11 10:15:15