The decline is over for Hyperliquid, one of the pioneers of the new generation DEX platforms. Making quick gains for two days HYPE Coin Today it regained its level at the beginning of December 2025. Income-generating protocols have more potential in the long term, and Hyperliquid, which made a fast start in 2023 after the FTX crash, maintains its strong position in the market.
HYPE Coin Rise
We mentioned that the price may drop to $21 at the end of 2025 due to OBO. As predicted, the price retreated to mid-2025 levels and remained below $28 for a long time. The altcoin, which has now returned from the bottom, has regained the support level lost in December.
If the daily closing is above $28, we can see that the rally continues to $35 under these conditions. The token, which was scrambled for $35 last year, was badly battered due to both the lock openings and the negativity in the general market sentiment.
Testing the October 10 bottom like many altcoins HYPE Coin The key levels for are $28.23 and $26.87. In an environment where these two support points are maintained, we will not see boring movements in the range of $ 23 and $ 21.
In the continuation of the rise, regaining the $ 35 base will open the door to a return to the peak range of $ 40-48. If the general market sentiment remains supportive, a new ATH above $60 is possible.
Why is HYPE Rising?
Silver Hyperliquid is the third-highest volume asset in futures, with open interest exceeding $150 million and volume at $1.2 billion. Gold also has a volume of 105 million dollars. Continued volatility on this side seems to be in favor of HYPE Coin, as volatility in commodity prices significantly supports Hyperliquid revenues.
HYPE Coin Analyst Forecast
In the last 2 days, many analysts HYPE Coin He follows his return with admiration. We talked about the $35 target of analysts like Sherpa this week. The analyst with the pseudonym EllioTrades shared the chart below a few hours ago and wrote:
“The recovery of $28 is huge (if it continues).
HL provides a real opportunity to demonstrate that cryptocurrency has uses and assets that can be traded independently of Bitcoin
This is something that has not been achieved before in cryptocurrency, so we should remain skeptical. Increasing volumes in stocks and metals on the platform are creating non-correlated fees. “Overall, this is a very interesting moment for HYPE and cryptocurrency, if it can pull it off.”
At the time of writing, BTC regained $ 89 thousand and HYPE Coin is supporting its rise.
