In the world of cryptocurrencies – where opportunities can disappear within hours, discovering a token with great potential and a solid foundation is not easy. But in recent days, HYPE Token has proven that it is not a "short-term FOMO game", but a name that is truly attracting capital and trust from both individual and institutional investors.
In Just 24 Hours: From Expectation to Reality
At a time when the crypto market is strongly recovering thanks to Bitcoin's surge, HYPE Token surprised the community by breaking through its previous ATH and establishing a new price peak at $49.8. In just one day, the trading volume of this token soared to over $440 million, becoming one of the most actively traded assets in the altcoin ecosystem.
Looking at the chart, the rise of HYPE Token is not random – but comes from the synergy of clear macro factors, technological foundations, and market momentum.
What is HYPE and Why is it Attracting Attention?
HYPE is the native token of Hyperliquid – a DeFi protocol experiencing extraordinary growth in perpetual futures trading. In the past 3 months, Hyperliquid's daily trading revenue has surpassed both Ethereum and Solana, capturing 60% of the perpetual contract market share – a surprising and impressive figure.
The momentum is not just from technology. Hyperliquid's integration with Phantom Wallet – famous in the Solana community – further opens doors for new users. The platform is no longer simply an alternative, but is becoming an ecosystem that attracts serious investors.
Whales and Institutions are "Positioning"
One clear sign that HYPE Token is entering a mature stage is the capital flow from large wallets (whales). According to on-chain data, over 6 million USDC was spent just days before a $40 million token unlock, including a completely new wallet placing a $1 million buy order. This indicates long-term confidence from professional investors.
See details HERE
Not stopping there, Grayscale – a globally renowned digital asset investment organization – is considering adding HYPE Token to its investment portfolio in Q3/2025. If this becomes a reality, HYPE will officially open to institutional capital – a crucial milestone for any asset in the crypto world.
Also Read HERE
Where is HYPE Token Being Traded Most?
Currently, many investors are closely tracking HYPE Token in the Futures market on major exchanges, especially BingX – which recorded over $13 million in HYPE/USDT trading volume in just 24 hours.
BingX provides a transparent trading environment with powerful tools for both newcomers and professional traders. It is one of the few platforms that quickly adapts to emerging trends like HYPE – helping traders place orders quickly, with smooth pricing and taking advantage of the "hot" market moment.
Trade directly here: https://bingx.com/vi-vn/perpetual/HYPE-USDT
Conclusion
HYPE Token is not just rising in price – it is transforming into a new generation altcoin symbol: with a solid foundation, strong community, and attracting attention from individuals to institutions.
With buying pressure from whales, support from Hyperliquid, and surging trading volume on major exchanges like BingX, HYPE Token is no longer simply "a wave" – but could be a longer growth cycle that you should closely monitor from now on.
About BingX Exchange
Established in 2018, BingX is one of the leading cryptocurrency trading platforms with over 20 million users globally. BingX Exchange offers a variety of products and services such as spot trading, futures contracts, copy trading,… meeting the needs of users at all levels. Additionally, BingX is proud to be the official partner of Chelsea FC. Download the BingX app on iOS or Android right now to start your investment journey!
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The article HYPE Token Soars: A New Wave Forming in the Crypto Market? first appeared on CoinMoi.
