Hyperliquid (HYPE) Aims for All-Time High After Bybit Listing: Can It Break Records in July?
- Why Is HYPE Gaining Momentum?
- Bybit Listing: A Game-Changer for HYPE?
- Grayscale’s Vote of Confidence
- Hyperliquid’s Dominance in DeFi
- FAQ: Your HYPE Questions Answered
Hyperliquid’s native token, HYPE, is on a bullish trajectory following its listing on Bybit and inclusion in Grayscale’s Q3 2025 watchlist. With a 7.62% daily surge and trading volume hitting $421.8 million, HYPE is just 2.2% shy of its previous all-time high. This article dives into the catalysts behind its rally, including institutional interest, platform growth, and market momentum.
Why Is HYPE Gaining Momentum?
The crypto market is buzzing as Hyperliquid’s HYPE token rides a wave of positive catalysts. After a brief correction post its June 16 peak, HYPE has rebounded sharply, trading at $44.55—just a hair’s breadth from its all-time high. The 24-hour trading volume spiked 40.2% to $421.8 million, signaling intense trader interest. Data from TradingView shows HYPE outperforming many altcoins, with its recent integration into BTCC’s spot trading zone adding fuel to the fire.
Bybit Listing: A Game-Changer for HYPE?
Bybit’s announcement to list HYPE on its main trading zone has been a pivotal moment. Deposits opened at midnight (Brasília time), with trading going live at 6 AM and withdrawals at 7 AM. "We’re thrilled to add Hyperliquid to our platform," the exchange stated. This move not only boosts liquidity but also validates HYPE’s credibility in a competitive market.
Grayscale’s Vote of Confidence
Grayscale’s decision to include HYPE in its Q3 2025 watchlist has turned heads. Institutional interest is a rare gem in DeFi, and this nod could attract deeper capital inflows. "It’s a signal that big players are waking up to Hyperliquid’s potential," noted a BTCC analyst. The token’s resilience—recovering nearly all losses from its June dip—adds weight to this optimism.
Hyperliquid’s Dominance in DeFi
Beyond token price, Hyperliquid’s platform metrics are staggering. For three months straight, its daily revenue eclipsed ethereum and Solana, per CoinGlass data. It commands 60% of the perpetual trading market—a niche where giants like dYdX once ruled. The recent Phantom wallet integration further cements its reach, making HYPE more accessible to retail traders.
FAQ: Your HYPE Questions Answered
What’s driving HYPE’s price surge?
The trifecta of Bybit listing, Grayscale’s watchlist inclusion, and Hyperliquid’s platform growth are key drivers. Market-wide bullishness hasn’t hurt either.
When did HYPE hit its previous ATH?
June 16, 2025, at $45.54—just 2.2% above current levels.
Is HYPE available on BTCC?
Yes, BTCC added HYPE to its spot trading zone alongside Bybit.
What’s Hyperliquid’s edge in DeFi?
Its perpetual trading dominance (60% market share) and revenue outperformance vs. Ethereum/Solana set it apart.
