Hyperliquid (HYPE) Price Prediction: $55 Target in Sight as Buybacks and Revenue Growth Accelerate
Hyperliquid has surged back into focus following a rebound from the $37 support level, driven by $4 million in daily buybacks and accelerating revenue. The protocol's ability to sustain aggressive buybacks amid mixed market conditions underscores its robust fee generation and investor confidence.
Daily buybacks of $4 million highlight Hyperliquid's commitment to ecosystem reinvestment, a bullish signal for token holders. Revenue projections now approach $5 million, suggesting sustained momentum. Market observers are watching for a potential technical breakout as HYPE consolidates its gains.