HyperLiquid (HYPE) Surges 50% Over the Past 7 Days, Jumps to 11th in Market Cap

Uk Jin

Summary

HyperLiquid (HYPE) has attracted market attention by rising about 50% over the past 7 days.
According to DeFi data, HYPE's daily trading volume has surged, leading to an increase in token price.
HyperLiquid has strengthened its position in the DeFi market by ranking 11th in market capitalization.

HyperLiquid (HYPE) is showing strong performance during the day.

As of 10:47 AM on the 26th (KST), HyperLiquid is trading at $39.89, up 15.13% from the previous day according to CoinMarketCap.

The upward trend for HyperLiquid began last week. On the 19th, HyperLiquid was only $26, but it has risen about 50% over 7 days.

It is analyzed that the token price has surged as HyperLiquid's position as a Decentralized Exchange (DEX) has strengthened. According to the DeFi data platform DeFiLlama, HYPE's daily trading volume soared from $78 million at the beginning of the month to $570.5 million on the 25th.

Meanwhile, with the rise on this day, HyperLiquid has surpassed Sui (SUI), Chainlink (LINK), etc., and ranked 11th in market capitalization.

HYPE