HYPE Price Prediction As Bitwise Files For Hyperliquid ETF – Is $55 In Sight?

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HYPE price prediction highlights $10M Hyperion DeFi treasury buy and whale accumulation

Highlights

  • A market analyst points to a rebound zone with potential upside for HYPE price.
  • Bitwise files S-1 for a Hyperliquid ETF, signaling stronger institutional engagement.
  • Hyperion DeFi expands its treasury with a $10M HYPE purchase totaling 1.7M tokens.

The HYPE price outlook has gained attention after a market analyst, Ali Charts, remarked that the token sits within a crucial zone that could pave the way for a rebound. His commentary has coincided with stronger institutional participation, highlighted by Bitwise filing for a Hyperliquid ETF, alongside Hyperion DeFi’s treasury expansion.

Frequently Asked Questions (FAQs)

1. What zone is considered critical for the HYPE price right now?

Analysts identify a golden zone around recent levels as crucial for sustaining support and fueling potential rebounds.

2. What role does Hyperion DeFi play in HYPE’s market activity?

Hyperion DeFi has significantly expanded its HYPE holdings, adding $10M worth of tokens to its treasury, signaling institutional conviction.

3. What does the Bitwise Hyperliquid ETF filing mean for HYPE?

It signals stronger institutional interest and could expand liquidity by introducing regulated exposure to the token.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.