Why Is HYPE’s Price Up Today?

Description

TL;DR HYPE rebounds from $34 to $47, with $50 as the next key resistance level to watch. Open interest climbs 5% to $2.02B as traders position for a potential breakout. Network leads in fees, funding consistent buybacks that add steady demand to the market. Price Nears Previous Peak Hyperliquid (HYPE) is changing hands at $47, edging closer to its record level around $50. The token has recovered from the $34–$35 range, where it traded after a drop of roughly 20% earlier this month. It has since ...