Hyperlane crypto’s 490% surge in 48 hours – Exchange listings, new highs, and more…
2025-07-12 03:12:08
Main Idea
Hyperlane's cryptocurrency (HYPER) surged by 490% in 48 hours following its listing on South Korean exchanges Upbit and Bithumb, with trading volume increasing by nearly 900%.
Key Points
1. Hyperlane's token (HYPER) surpassed its previous highs of $0.18-0.2, reaching $0.67 after being listed on Upbit and Bithumb.
2. The daily trading volume of HYPER surged to $3.37 billion, a nearly 900% increase, with a market cap of $104.7 million.
3. The recovery from the downtrend in April and May began on 22 June, with HYPER forming a low at $0.0866 before rallying.
4. The 1-hour price charts showed a 23.1% pullback followed by a 42% rally, with RSI divergence indicating potential retracement.
5. Only 17.52% of HYPER's total supply was circulating, with monthly unlocks of 1.2%-1.5% of the max supply potentially diluting prices over time.
Description
HYPER's recovery from the downtrend in April and May began more than two weeks ago.
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