Hyperliquid (HYPE) Price Prediction: Breakout Above $53 Sparks Bullish Targets Towards $70+
Hyperliquid's ecosystem is gaining momentum as on-chain activity reaches new highs. Active addresses surged 18% to 24.2K, while transactions ROSE 2.5% to 424K. Daily contract deployments exceeded 120, signaling renewed developer interest.
The HyperEVM network shows accelerating growth, with key metrics suggesting underlying strength. Such synchronized expansion across users, transactions, and development often precedes significant price movements. Market observers note the setup resembles historical patterns before major rallies.