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
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