Binance Listing Propels HYPE Coin to Record Highs Amid Founder’s Public Dispute with CZ

Hyperliquid’s native token, HYPE, experienced a significant surge of over 20% in just three days, reaching an all-time high in May 2025. This remarkable growth was fueled by Binance’s announcement of its upcoming spot trading listing for HYPE, which has positioned the altcoin as a standout performer in the cryptocurrency market. The exchange’s endorsement has overshadowed broader market trends, drawing significant attention to HYPE. However, the spotlight also brought controversy, as Hyperliquid founder Jeff Yan engaged in a public dispute with Binance’s Changpeng Zhao (CZ) over criticisms of Hyperliquid’s public pools. This debate has added a layer of drama to HYPE’s meteoric rise, making it one of the most talked-about digital assets of Q2 2025.

HYPE Coin Hits All-Time High in Q2 with Binance Listing Boost

Hyperliquid’s native token HYPE surged over 20% in three days, reaching an all-time high in May following Binance’s announcement of its upcoming spot trading listing. The exchange’s endorsement has positioned HYPE as a standout altcoin, overshadowing broader market performance.

Founder Jeff Yan engaged in a public dispute with Binance’s Changpeng Zhao (CZ) over criticism of Hyperliquid’s public pools. The debate, sparked by a $100M BTC position liquidation, has drawn attention from market makers like Wintermute, who view the clash as strategic promotion for the protocol.

BNB Gains Amid Regulatory Relief and Trading Resurgence

Binance’s BNB token surged 3.6% to $673.70 following the SEC’s dismissal of its lawsuit against the exchange, marking a pivotal moment for the embattled platform. The rally coincided with Binance.US restoring dollar deposit features—including ACH transfers—after months of regulatory limbo.

On-chain activity underscored BNB Chain’s dominance, processing $14 billion in daily DEX volume—eclipsing ethereum and Solana combined. Despite lingering scrutiny, the network remains a critical infrastructure layer for crypto markets.

Technical charts revealed robust accumulation patterns, with price action forming an ascending channel before stabilizing above $665. A volume spike at 01:00 UTC confirmed persistent buyer interest at key support levels.