Foreign Media: Hyperliquid May Become a Strong Token in 2026
Foreign media reports that in 2026, while most crypto assets remain under pressure, Hyperliquid’s native token HYPE has maintained relative strength. The article notes that rising platform trading volume and user activity are the main reasons supporting HYPE’s performance this year, but its future trend still depends on whether the overall market recovers.
Hit a Historical High Within the Year
According to CoinGecko data cited in the article, HYPE surged to $76.87 in June this year, reaching a record high. Although it has retreated more than 22% from that peak, the token remains listed as one of the stronger performing crypto assets in 2026.
The article mentions that HYPE rose 7.5% over the past 7 days and 9.5% over the past 14 days. In the context of weaker trends among most mainstream crypto assets, this performance continues to draw market attention.
Platform Trading Activity Provides Support
The article believes that HYPE’s rise is related to increased usage of the Hyperliquid trading platform. Especially during the escalation of the US-Iran conflict earlier this year, some investors turned to the platform to trade crude oil futures, boosting the number of platform clients.
The article notes that Hyperliquid offers 24-hour uninterrupted trading, which became an important factor attracting traders at the time. In contrast, some traditional trading platforms are more restricted in their trading hours.
Future Direction Still Depends on the Overall Market
However, the article also points out that whether HYPE can continue to strengthen over the coming months of 2026 still faces external constraints. The broader crypto market currently lacks clear upward momentum, and Bitcoin’s trend remains the main indicator to watch.
According to the article, Bitcoin is currently facing strong resistance in the $64,000 to $65,000 range. If Bitcoin breaks above $70,000, the overall market could see a more pronounced rebound, which might further support HYPE.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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