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Why Is HYPE’s Price Up Today?
Aug 14, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato
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TL;DR
- HYPE rebounds from $34 to $47, with $50 as the next key resistance level to watch.
- Open interest climbs 5% to $2.02B as traders position for a potential breakout.
- Network leads in fees, funding consistent buybacks that add steady demand to the market.
Price Nears Previous Peak
Hyperliquid (HYPE) is changing hands at $47, edging closer to its record level around $50. The token has recovered from the $34–$35 range, where it traded after a drop of roughly 20% earlier this month. It has since moved past the $44.70 area, which may act as support in the short term.
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