HYPE Token Stalls Near $40 Despite Hyperliquid’s Record Growth
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Hyperliquid records strong growth: record commodity open interest of $1.7B (oil & silver), rising trading activity and new product launches, indicating crypto platform adoption and expanded product offering (as of 26 March). HYPE token remains range‑bound at $38–$42 (as of 26 March); price is up ~50% over 30 days but down ~2% over 7 days and ~30% below its ~$59 all‑time high, showing limited token price response to increased trading activity and platform expansion.
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- Open interest in oil and silver alone has reached a record-breaking $1.7 billion.
- HYPE’s price rose by around 50% in the last 30 days, but dropped by 2% in the last 7 days.
- Lately, HYPE’s been stuck in the $38 to $42 range, even with record activity.
HYPE token is struggling to break higher even as Hyperliquid records one of its strongest growth weeks. Open interest in commodities surged, trading activity increased, and new products were launched. However, the token remains range-bound near $40, showing limited reaction to the platform’s expansion.
HYPE Token Stalls Near $40
As of 26 March, the HYPE token continues trading between $38 and $42 despite rising activity across Hyperliquid. The token gained nearly 50% over the past 30 days but slipped around 2% in the last week. Meanwhile, the price also remains roughly 30% below its all-time high near $59.
…Read The Full Article HYPE Token Stalls Near $40 Despite Hyperliquid’s Record Growth On Coin Edition.
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