The crypto market is buzzing with another update as Hyperliquid’s HYPE token gains fresh momentum, ignited by a bold prediction from former BitMEX CEO Arthur Hayes, who sees the token to hit $100.
This bullish forecast has put Hyperliquid, a high-performance Layer-1 blockchain, firmly in the spotlight. And with growing trading volume and real organic traction, it’s easy to see why.
Why Hayes is Backing HYPE’s Rise
Hayes’ confidence is rooted in Hyperliquid’s powerful tech. The platform uses a custom-built HyperBFT consensus mechanism and can process up to 100,000 transactions per second.
That level of speed and efficiency positions Hyperliquid as a serious player in the DeFi space, with the potential to challenge more established blockchains.
From $13 to $30: HYPE’s Rapid Climb
Hayes’ $100 call on HYPE comes alongside real momentum in the market. Trader James Wynn recently placed a massive $1.1 billion long Bitcoin position on Hyperliquid, using 40x leverage. His entry price was $108,084.30, and the trade is already showing $17.5 million in unrealized profit.
Wynn’s move highlights the growing trust in Hyperliquid’s trading infrastructure and shows that high-profile investors are betting big on its future.
Hyperliquid Hits All-Time Highs in Key Metrics
Analyst Lucciano states that Hyperliquid’s $HYPE token surges from $13 to new highs, with the platform hitting record $8.9B open interest, $5.4M in 24-hour fees, and $3.2B USDC TVL, signaling strong boost in decentralized trading.
At the time of writing, HYPE is trading at $30.77, up 16% in the past 24 hours. Its all-time high stands at $34.96, and the current market cap is now over $10.25 billion.
James Wynn’s Billion-Dollar Bet Grabs Attention
Supporting the move, top trader @JamesWynnReal has amplified Hyperliquid’s allure with a jaw-dropping 40x leveraged long Bitcoin position, surpassing 10,000 BTC, worth $1.1 billion.
He bought in at $108,084.30, with a liquidation price set at $103,640. So far, the position has earned him $17.5 million in unrealized gains, showing just how much confidence high-level traders have in Hyperliquid.
A $1.5M Profit and a Major Boost for HYPE
Wynn has already secured a $1.5 million profit from a partial close on his trade. He’s still holding 9,659 BTC, worth about $1.07 billion. This activity has helped push HYPE from $13 to $30.65, lifting its market cap to $10.24 billion.
Over the last 90 days, HYPE has gained more than 291 percent – far outpacing the overall crypto market’s 25.6 percent rise in the same period. Despite a recent 8.5 percent dip caused by whale movement, the token now ranks #16 in the global crypto market.
Will HYPE Join the Next Crypto Bull Run?
Arthur Hayes is well known for his bold crypto predictions, and his call for HYPE to reach $100 is getting serious attention. Add to that Lucciano’s analysis and Wynn’s massive trades, and it’s clear that momentum is building.
With Bitcoin and Ethereum already showing strength, the question now is: will HYPE join them in leading the next major DeFi rally? For now, investors and analysts alike are watching closely.
