3 Reasons Why Hyperliquid’s HYPE Price Was Unaffected By Crypto Market Crash

Since the beginning of 2025, the cryptocurrency industry has faced multiple unsettling events, but the HYPE price remains stable. In this, the crypto market crashed twice, wiping out billions in leverage positions and putting investors through challenging situations. However, the Hyperliquid token maintains strong performance, intriguing investors.

Hyperliquid is among the most popular layer1 blockchain networks worldwide due to its low transaction fees and seamless trading experience. It is also a decentralized crypto exchange specializing in perpetual futures contracts. Its native token, HYPE, is winning over investors mainly because of its performance in the recent crypto market space. With that, the decentralized exchange stands out in the DeFi space and is its native token in the market. Let’s discuss the prime reasons behind HYPE’s strong and stable price performance.

3 Reasons Behind HYPE Price Stability Amid Crypto Market Crash

Donald Trump’s tariff plan resulted in the crypto market crash and the struggle for almost every asset. However, the HYPE price remained relatively stable due to the blockchain network’s strong fundamentals. These fundamentals have already maintained a high demand for the token in the market, but the savings in the current crash were impressive. There are three primary reasons for this. Let’s discuss them.

1. High Trading Volume

Hyperliquid is often called the powerhouse in the DeFi space, where its daily trading volume hits billions of dollars. The January 31, 2025 data shows the HYPE’s daily trading volume as $7B, protecting its price from high volatility. This high trading volume showcases the blockchain network’s demand, where its KYC-free accessibility and low trading fees are building its demand. Despite the low fees, it receives $4 million in revenue daily due to a bigger user base.

2. Token Burn & Buyback Mechanism

Token burning is a popular event in the crypto industry, where digital assets’ tokens are burned to reduce the circulating supply. Hyperliquid indulges its native token in the same and interestingly went for burning $2.7k HYPE during the crypto market crash. This burning was the biggest burn rate since Christmas 2024.

The blockchain network also buys back its token, setting itself apart from the rest. Crypto analyst Tobias Reisner reported that Hyperliquid bought back $4M worth of tokens yesterday. This event introduced bullish sentiments among platform users and HYPE token holders, saving the altcoin from crashes.

3. Influencer Promotions & Whale Buying Activity

A popular media influencer and live streamer, Adin Ross, and his 50,000 followers shilled the Hyeprliquid token and became the savior of the HYPE price performance. Not only this, but investors, especially the large whales, also invested big in the token due to its high resilience. One whale reportedly bought $950k worth of tokens while predicting a violent growth for the token. This buying pressure and high influence have stabilized HYPE’s market positions.

“Sooner or later, it will break out of the range and go up violently.”

This is a testament to the investors’ confidence in the altcoin. It also shows optimism about the token’s further price growth.

HYPE Fair Price Comes At $72

Despite strong fundamentals and market demand, HYPE is not entirely volatility-immune. The Hyperliquid token often witnesses fluctuations but succeeds with rebounds. At present, it trades at $24.96 with $8.33B in market capitalization after an 8% surge within a day. However, a crypto investor, MetamateDaz, believes the fair value is $72.

The crypto investor put together the average tech stock price to earning ratio and the total revenue, presenting the $72 outlook. The calculation comes as:

$1.6B x 45 = $72B

More importantly, MetamateDaz anticipates much higher targets, considering upcoming bullish events like the hyperEVM launch. Many experts believe this target is feasible, given its strong fundamentals and demand. However, considering its ATH target of $35.02, certain doubts exist.

Key Things To Remember

Hyperliquid is the 19th biggest crypto in the market and possesses strong fundamentals, which helps its native tokens’ performance. HYPE, which trades at $24.96, has maintained its momentum despite the recent crypto market crash. While most digital assets struggled, the HYPE price remained almost unaffected as it witnessed high trading volume, whale activities, and influencer promotions.

Considering its revenue and other factors, the analyst believes its current price should have been higher. One’s calculation suggests the $72 mark, thrice the current price. Interestingly, this may happen if the strong fundamental and investor interest remains maintained. Overall, its strong revenue model and standout in the DeFi space saved this altcoin from the market’s turbulence.