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Hyperliquid (HYPE) Price at Critical Juncture as $37–$50 Range Draws Market Attention
Hyperliquid (HYPE) Price at Critical Juncture as $37–$50 Range Draws Market Attention
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BTCCSquare news:
Hyperliquid's HYPE token faces a decisive technical moment after retreating from its $49.89 peak to consolidate near $42. The protocol's robust fundamentals—including sustained $3.7M average daily revenue—contrast with its modest market valuation, creating potential for upside.
Chartists note the token's position above key support levels, while on-chain metrics reveal institutional-grade revenue consistency. Weekend figures rarely dip below $3M, putting Hyperliquid on track for $1.35B annualized revenue—a performance rivaling established layer-1 chains.
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