Why Hyperliquid (HYPE) Token Could Hit an ATH Soon
While the positive momentum isn‘t isolated,What is a blockchain as the broader market is also experiencing an uptick, HYPE has several additional factors supporting its price growth. Today, Bybit, a leading centralized cryptocurrency exchange, announced HYPE’s listing on its spot trading platform.
“We are excited to announce the upcoming listing of Hyperliquid (HYPE) on our Spot trading platform! Hyperliquid (HYPE) and its pairs will be listed on Main Trading Zone,” the announcement read.
The exchange added that deposits for HYPE will open at 3:00 AM UTC. Following this, the token will officially be listed for trading at 9:00 AM UTC. Withdrawals for HYPE will become available starting at 10:00 AM UTC.
Grayscale‘s decision to include HYPE in its Q3 2025 assets under consideration list has further fueled optimism. It signals that institutional investors recognize the token’s growth potential. This could attract further interest, boosting HYPEs legitimacy and future adoption prospects.
Besides this, the Hyperliquid platform‘s growth has also contributed to HYPE’s growth. Earlier this week, BeInCrypto reported that Hyperliquid‘s daily revenue consistently exceeded Ethereum’s and Solanas over the past three months.
Furthermore, the DeFi protocol is also a leader in the perpetual trading market, capturing 60% of the market share. Hyperliquids latest integration with Phantom wallet has further expanded its reach.
Thus, all these factors paint a bullish picture for the HYPE token. Whether or when it will close the 2.2% gap from its ATH remains to be seen.
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