Hyperliquid’s native token has stolen the show from the larger-cap alts, rocketing by over 20% at one point to its highest price level since last October at $47. On this impressive way up, the token added roughly $2 billion to its market capitalization and neared the top 10 alts by that metric.
Coinbase appears to be the most likely candidate for the biggest contributors to this surge after announcing that it had expanded support for USDC on Hyperliquid by becoming the official treasury deployer of the stablecoin under the DEX’s Aligned Quote Asset (AQA) framework.
21Shares’ HYPE ETF debuted earlier this week, which was also a positive development, while another one is set to launch today from Bitwise.
In addition, the US Senate Banking Committee voted to advance the Digital Asset Market Clarity Act, which gave the entire crypto market a notable price push.
The Warning Signs
Ali Martinez was among the first analysts to weigh in on HYPE’s massive surge. As he usually does, he b
We współpracy z: https://cryptopotato.com/hyperliquid-hype-explodes-by-20-in-a-day-but-red-flags-appear/
