Arthur Hayes’ $100 HYPE Price Prediction Triggers Rally
Former BitMEX CEO Arthur Hayes has sparked a surge in Hyperliquid’s HYPE token with a bold $100 price target. The prediction has drawn attention to Hyperliquid’s high-performance Layer-1 blockchain, which leverages a custom HyperBFT consensus mechanism capable of processing 100,000 transactions per second.
Market activity reflects growing confidence, with HYPE climbing from $13 to $30 amid rising trading volume. Hayes’ endorsement highlights the platform’s potential to disrupt DeFi by outperforming established blockchains in speed and efficiency.