Hyperliquid (HYPE): Hits new ATH, briefly enters crypto top 10 HYPE surged to a new all-time high of $67.5, pushing its market cap above $17 billion and briefly overtaking Dogecoin in the top-10 crypto rankings before pulling back to around $64.5. Key catalysts * Strong demand from HYPE-related ETFs, with inflows exceeding $100 million. * Positive sentiment after U.S. regulators approved the first regulated Bitcoin perpetual futures products. * Continued growth of Hyperliquid's decentralized perpetual futures platform. Why it matters * HYPE is up roughly 70% since mid-May and more than 3x from its February low near $20. * Grayscale highlighted Hyperliquid as one of crypto's strongest growth stories, citing $2.9 trillion in 2025 perpetual futures volume and over $7 billion in open interest. * The platform is expanding beyond crypto into commodities, prediction markets, and pre-IPO trading. Key levels * Support: $60 * Next resistance: $70 * Bullish target: $80 * Bearish risk: $54, then $40 if selling accelerates Outlook * Momentum remains bullish as long as HYPE stays above $60. * ETF demand and platform growth continue to support the uptrend. * However, some whales have started taking profits, so volatility could increase after the recent parabolic rally. 🚀