HYPE Price Explodes as ETF Inflows and SpaceX Perps Boost Hyperliquid

HYPE Price Explodes as ETF Inflows and SpaceX Perps Boost Hyperliquid

Hyperliquid’s native cryptocurrency, HYPE, is one of today’s best performers, charting a double-digit move as trading activity accelerates across multiple verticals.
At the time of this writing, HYPE is trading at around $72, very close to its all-time high.
This marks an increase of around 10% in the past 24 hours, lining it up as one of the best performers during the period. The move is driven by accelerated ETF buying and fresh momentum around its ecosystem, fueled by the success of SpaceX perps trading.
ETF Demand Adds Fresh Optimism
ETF data from SoSoValue suggests that regulated products around HYPE are becoming a powerful part of the token’s market structure. The three products currently listed and operated by Bitwise, 21Shares, and Grayscale hold a combined total of $209M worth of HYPE, accounting for around 1.4% of its total market capitalization.
During this fresh rally, net inflows over the past 24 hours surpass $17 million, bringing the cumulative total to $171M, sugg

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We współpracy z: https://cryptopotato.com/hype-price-explodes-as-etf-inflows-and-spacex-perps-boost-hyperliquid/

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