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BitGet Listing Fuels HYPE Token’s Meteoric Rise to Record Highs

BitGet Listing Fuels HYPE Token’s Meteoric Rise to Record Highs

Published:
2025-09-27 16:02:13
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Hyperliquid's native token HYPE has achieved a remarkable milestone, surging to an unprecedented all-time high near $60 amid a broader cryptocurrency market recovery. This explosive growth coincides with HYPE's recent listing on major exchange BitGet, which has significantly boosted trading volumes beyond $730 million as the token explores new price territories. The substantial trading activity indicates enhanced liquidity and greater exchange diversification for the asset. While whale activity reveals a nuanced market sentiment with 55% of large holders maintaining long positions, the most substantial market bet remains a staggering $86 million position. This development underscores BitGet's growing influence in the cryptocurrency ecosystem and its ability to drive substantial market movements through strategic token listings. The combination of market-wide recovery forces and exchange-specific catalysts like the BitGet listing demonstrates how platform support can accelerate token adoption and price discovery in the dynamic digital asset space.

Hype Token Surges to New All-Time High Amid Market Recovery and BitGet Listing

Hyperliquid's native token HYPE rallied to a record peak near $60, buoyed by broader crypto market gains and a recent listing on BitGet. Trading volumes exceeded $730 million as the token tested new price levels, signaling growing liquidity and exchange diversification.

Whale activity paints a nuanced picture: while 55% of large holders maintain long positions, the market's biggest bet remains an $86 million short. Smart money wallets favor longs by more than 2-to-1, whereas influencer portfolios show similar bullish skews. The token's staking rewards and platform adoption continue driving its growth narrative.

Bitget Wallet Integrates Brazil's Pix Payment System for Crypto Transactions

Bitget Wallet has forged a pivotal integration with Pix, Brazil's instant payment network, through a partnership with local licensee Aeon. The non-custodial wallet now enables users to settle transactions via self-custodied crypto assets—including USDT and USDC across six major blockchains—while merchants receive real-time Brazilian reais. This bridges the gap between decentralized finance and one of Latin America's most robust payment infrastructures.

Pix, launched by Brazil's central bank in 2020, dominates the nation's retail payments with 64 billion transactions worth $4.6 trillion processed in 2024 alone. The system now outperforms combined credit and debit card volumes by 80%, reflecting its entrenched position in the financial ecosystem. "This integration removes friction from everyday crypto adoption," said Bitget Wallet CMO Jamie Elkaleh, positioning the MOVE as a strategic beachhead for digital assets in emerging markets.

ETHSofia 2025 Gathers Blockchain Innovators for Premier Balkan Crypto Event

ETHSofia Conference and Workshops returns to Sofia Tech Park on September 24-25, 2025, solidifying its position as the Balkans' flagship crypto gathering. The event will assemble 70+ speakers including Bitget's Vugar Usi Zade, Consensys' Stefan Bratanov, and Ledger co-founder Nicolas Bacca to dissect web3's evolving landscape.

Bulgaria's Financial Supervision Commission will address MiCA regulation implementation, marking a pivotal moment for regional compliance with EU standards. Interactive workshops hosted by Sui, J.labs, and others offer developers hands-on learning with competitive bounties.

Bhutan Shifts $107M in Bitcoin Amid Fed Rate Cut Turbulence

The Royal Government of Bhutan moved 913 BTC ($107M) into fresh wallets this week, marking its first transaction in a month. The timing coincides with the Federal Reserve's inaugural 2025 rate cut, sparking fears of potential BTC sell pressure. Bhutan's treasury now holds 9,652 BTC ($1.1B), with its investment arm Druk Holding actively accumulating digital assets.

Whales are stirring as macroeconomic winds shift. A separate dormant wallet activated after a decade, unloading $116M in BTC just before the FOMC decision. "Short-term volatility is inevitable," notes Bitget's Ryan Lee, pointing to historical patterns of price swings following major policy moves.

From Crypto Ownership to Utility: Industry Leaders Chart Path to Mass Adoption

The cryptocurrency industry stands at an inflection point, shifting focus from speculative trading to real-world utility. A consortium of exchange executives and project CEOs—including Gate's Kevin Lee, Trust Wallet's Eowyn Chen, and Bitget's Vugar Usi Zade—argues that seamless user experience and stablecoin adoption will drive the next billion users.

Decentralized infrastructure projects like TRON DAO and LCX are prioritizing consumer-facing applications over ideological debates. The market's maturation hinges on solving tangible problems: cross-border payments, asset tokenization, and frictionless DeFi access.

Cardano and Ethereum Face Divergent Paths as New Contender Emerges

Cardano's ADA struggles to maintain momentum, with trading volume plunging 36% to $1.13 billion amid Bitget's delisting of ADA pairs. The token hovers NEAR $0.88 as analysts debate its ability to reclaim the psychologically crucial $1 level. Resistance zones loom large without improved liquidity, though some forecasts suggest a potential $1.20-$2.00 recovery phase.

Ethereum demonstrates remarkable network strength, processing 27 million transactions in 24 hours through its ecosystem—including LAYER 2 solutions Arbitrum, Optimism, and Polygon. The network now handles more transactions than traditional payment systems in major European economies, while maintaining its $90 billion dominance in stablecoin settlements.

Amid these developments, Remittix (RTX) emerges as a dark horse contender, drawing attention from analysts seeking the next breakout project in digital payments infrastructure.

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