Hyperliquid (HYPE) Nears All-Time High on Bybit Listing and Grayscale Buzz

Hyperliquid's HYPE token is on the verge of hitting a new all-time high in July 2025, fueled by its recent listing on Bybit and Grayscale's potential inclusion in its Q3 portfolio. The altcoin has demonstrated strong resilience, rebounding from a mid-June correction to trade merely 2.2% below its peak of $44.55. Trading volume skyrocketed by 40.2% to $421.8 million, reflecting heightened market activity. This surge aligns with broader bullish trends in the crypto market, as institutional interest and exchange support continue to drive momentum for HYPE. Investors are closely watching whether the token can break its previous record, with Bybit's liquidity and Grayscale's consideration serving as key catalysts.

Hyperliquid (HYPE) Nears All-Time High Amid Bybit Listing and Grayscale Interest

Hyperliquid's HYPE token is poised for a potential all-time high in July, buoyed by its recent listing on Bybit and inclusion in Grayscale's Q3 assets under consideration. The altcoin has shown remarkable resilience, recovering from a mid-June correction to trade just 2.2% below its record peak at $44.55.

Trading volume surged 40.2% to $421.8 million as market activity intensified. While riding the broader market uptrend, HYPE benefits from unique catalysts including its growing DeFi influence and institutional recognition. Bybit's spot trading listing adds liquidity and visibility, complementing the token's organic momentum.

Bybit Faces Backlash Over PUMP Token Sale Controversy

Bybit's PUMP token sale ignited both record-breaking demand and significant user frustration. The $500 million offering sold out in 12 minutes, with prices surging 40% post-launch—yet technical failures and opaque allocation processes sparked accusations of mismanagement.

Users reported frozen funds, failed transactions, and delayed communication from the exchange. Bybit attributed issues to "unexpected API delays" in an apology that failed to quell community outrage. The controversy draws parallels to previous exchange mishandlings of high-profile token sales.