How High Can Hyperliquid Price Go in Feb 2026?

Hyperliquid price has experienced a notable surge recently, seeing impressive gains over the past 24 hours. 

The HYPE surged by 20%, making it one of the top gainers in the crypto market. HYPE gained more than 60% in the last week, outdoing Bitcoin, Ethereum, and other top cryptocurrencies.

The overall crypto marketcap ha seen a recovery with a 2.06% rise. Additionally, HYPE price has surged by over 50 % over the past week, to $34.57. This is a price improvement that is attributed to the surge in the site as more traders join the expanding market.

Why Is Hyperliquid Price Up?

Hyperliquid’s price surge is driven by multiple factors. A major catalyst is the platform’s recent growth and rising trading activity.

Originally focused on crypto perpetual contracts, Hyperliquid expanded to tokenized trading of commodities, stocks, equity indices, and fiat currencies through its HIP-3 upgrade.

The results of this huge growth were impressive: more than 1 billion Open Interest and a total trading volume of 25 billion and fees of 3 million in only three months. This expansion has brought much attention of the investors, and it has caused a rise in speculative interest, particularly in the derivatives market.

A key factor in the price increase is the platform’s token-burning mechanism. It purchases protocol fees as high as 97% and burns out HYPE tokens. The more the trading volume, the more the rate of burning, and the stronger the demand, raising the price of the token.

The boom in commodity exchange, especially silver, has been playing a great role in the generation of fees on the platform. This growth in volume has also increased the demand for HYPE, thus helping to increase its growth.

The price of HYPE is expected to remain on its bullish trend as the market recovers and Hyperliquid develops its tokenized trading offerings. Investor interest and favorable technical indicators suggest further growth.

Will Hyperliquid Price Rally Above $50 in Feb 2026?

HYPE price has risen by 20% in the last 24 hours, which indicates a high upward trend. The cryptocurrency has experienced a massive momentum, as it was steadily on the rise following a period of consolidation.

The RSI (Relative Strength Index) currently reads 82, placing it well into overbought territory. This implies that it may move to a short-term decline or consolidation unless new buyers are attracted actively.

The MACD (Moving Average Convergence Divergence is still bullish when the MACD line is above the signal line.

Immediate support lies at $30.00, a good psychological support, and technical support, where the buyers might retrace. Immediate resistance lies at $35.00, a local barrier, and the former high before a possible breakout.

If the bullish trend continues, the Hype long-term prediction could test new highs in the near future, with $35.00 and $40 and $50 as potential targets.