- Hyperliquid price hits a new all-time high, reaching $51.
- HYPE’s market cap surpasses LINK, becoming the 11th largest cryptocurrency.
- A potential breakout may drive the Hyperliquid price to $55 soon.
Hyperliquid (HYPE) token price has achieved a major milestone by reaching a new ATH of $51, marking a strong surge in its market dominance. The decentralized exchange (DEX) is gaining momentum with record volumes and an increased interest in both spot and derivatives markets.
Hyperliquid Price Soars to New Heights
Over the past 24 hours, HYPE saw a remarkable 14% surge, contributing to a 22% rise in the last week alone. This exponential increase is against a backdrop of rising user growth and liquidity that may see Hyperliquid achieve a price of $55 in the short term.
The price of HYPE is driven higher, and so is the market capitalization. The market cap of Hyperliquid has become greater than that of Chainlink (LINK), making it the 11th largest cryptocurrency on the market in terms of capitalization.
This significant rate of growth is mainly pegged on the increasing popularity and success of the platform in the decentralized financial (DeFi) sector. Moreover, Exchange Hyperliquid even surpassed trading volume in Robinhood in terms of total amount of transactions made for the third month in a row, which is also an impressive mark of the fast-growing exchange.
Record-Breaking Trading Volumes and Whale Activity
Hyperliquid’s remarkable price surge is closely tied to its unprecedented trading activity. With the platform handling a staggering $330 billion in trading volume, Hyperliquid DEX outpaced Robinhood by 39%.
This remarkable result is further complemented by the fact that the weekly revenue has been in the range of 28 million due to the apparent rise to prominence in the decentralized exchange industry that Hyperliquid enjoys.
Among the prominent incidences was the XPL token launches on Hyperliquid, where it created a short squeeze. There were two whales that bought 358,279 HYPE tokens as a whole, or a total of $18.23 million.
Two whales bought 358,279 $HYPE($18.23M) in the past 12 hours.https://t.co/JRC9VKho6whttps://t.co/PwHnsKC5rU pic.twitter.com/9mxE4n8y2v
— Lookonchain (@lookonchain) August 27, 2025
Justin Sun, a cryptocurrency community member of some repute, deposited an amount of $16 million into the pool, temporarily pushing the price up to $1.8 on its way out, netting him a profit of $15 million. This action resulted in huge volatility that amounted to $16 million of short losses to traders.
The amount of spot trading selections at Hyperliquid has also experienced unequalled volumes with a single day containing more than $3.4 billion of conducting. The platform has become the second-largest platform in the world in terms of spot trading volume in Bitcoin, with trading volume of 1.5 billion daily.
The Ethereum markets have also caused an increase in trading activities. Such an increase in trading volume cements Hyperliquid as a leading major player in the cryptocurrency market as a viable alternative to trading with centralized platforms.
Ali Predicts HYPE Token Price Surge To $55
The crypto expert Ali has predicted a large jump in the Hyperliquid price in the short run, although he did not specify a price level. Based on a chart analysis released on August 26, 2025, the crypto asset has portrayed a commendable thrust alongside elevated scales of obstruction and assistance.
A breakout here could catapult Hyperliquid $HYPE to $55! pic.twitter.com/QtO66Gn3ES
— Ali (@ali_charts) August 27, 2025
The chart also identifies areas of support and resistance where the Hyperliquid price has shown great price activity. In case the price breaks through the existing resistance of around $50, it will propel the cryptocurrency to higher ground, potentially going up to $55.
With the Hyperliquid price gaining more and more prominence, the native currency to the platform, HYPE, will likewise see a corresponding rise in price as its perceived value increases alongside the growing demand and liquidity on the platform. As the number of traders and whales increases in the market, this is a good sign of a bright future of the exchange and its token.
