Will HYPE Price Reach $50 After Sonnet Finalizes Its $1B Digital Asset Merger?

Coingapestaff
Coingapestaff

Coingapestaff

Journalist
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.
Read full bio
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights 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.
Sonnet is finalizing a $1B digital asset merger as interest grows around whether HYPE Coin price can reach $50.

Highlights

  • HYPE Coin price gains strength after a double-bottom rebound near the $30 zone.
  • A break above $36.25 clears a path toward $42.96 and the $50 target.
  • Sonnet’s $1B treasury plan increases demand expectations with structured HYPE purchases.

The HYPE price now draws attention after a sharp recovery from recent lows. Market sentiment shifts as Sonnet’s merger approval increases interest across the ecosystem. The asset also has a clean recovery on the lower side of its larger channel which further enhances buying strength. 

Meanwhile, traders assess short-term structure as the Hyperliquid price forms tighter intraday ranges near a key inflection area. Conditions now precondition a closer analysis of the chart and the impact on the treasury.

HYPE Price Chart Signals Breakout Energy From Double Bottom 

An established double-bottom pattern developed around the $30 demand block and generated good upward rotation. Customers were demanding more and regained the inner channel space. 

The HYPE price now moves toward the mid-line while maintaining firm higher lows across recent sessions. Swings have been confined in the falling channel but each time it approached the bottom side, it immediately fell with a sudden upward movement. The trend enhances the current recovery process.

At the time of analysis, the HYPE value trades at $33.8 and approaches the $36.25 barrier. An upside push beyond that level would open up the way towards the 42.96. The estimated sequence will then be focused on the resistance level of 50 in case buyers maintain pressure with the upper channel zone. Short-term pattern is sustaining since compression subsides and range quality enhances.

Meanwhile, strength around the rebound area creates a solid technical floor. Therefore, the HYPE price gains a clearer route for continuation. The broader future Hyperliquid price outlook improves while the asset holds above the recovery origin.

HYPE price action analysis
HYPE/USD 4-Hour Chart (Source: TradingView)

Sonnet’s $1B Treasury Plan Drives Strong Demand Expectations

Sonnet’s $1B digital asset treasury initiative creates a major shift in projected demand for HYPE. The merger was passed by shareholders, and it cleared the way to organized purchases which can be up to 2.6 million HYPE. 

The strategy will also have an initial allocation of at least $265 million that will be a binding demand anchor to the asset. This scale of capital deployment makes the ecosystem more conviction based and ensures the expectations in the near future are more robust.

In particular, the systematic buy plan can compensate the new 314 million unlock. OAK Research reported that HYPE is already supported by the fact that the number of buybacks a day now reaches up to $2.5 million. Further capital multiplies, which affect and constrain supply stress in short windows. Players in the market are now planning to be involved more as the treasury schedule goes by.

Meanwhile, the merger removes earlier uncertainty and introduces clearer commitments backed by sizable resources. Therefore, the HYPE price reacts with stronger direction and firmer confidence. The route now sustains further strength with liquidity pressure moving to the upwards direction.

Summary

HYPE is constructing a better structure following the two-tail reaction at $30. The treasury plan of Sonnet implies the potential of heavy demand and constriction of the near-term market image. 

Further clearance of the $36.25 level confirms the route upward to $42.96 and eventually the $50 target. The installation would now be biased towards further development as long as HYPE keeps control of its upward base.

 

Advertisement

Frequently Asked Questions (FAQs)

1. Why is the recent unlock relevant to current market conditions?

The unlock creates a supply gap that the treasury plan can absorb through targeted buying.

2. What is the purpose of Sonnet’s digital asset treasury?

The treasury supports long-term ecosystem growth through structured HYPE acquisitions.

3. How does the merger benefit Hyperliquid’s ecosystem?

The merger increases capital depth and strengthens overall market participation.
coingape google news coingape google news
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.

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.