Hyperliquid Emerges as Top April Crypto Pick with 24% Weekly Surge Amid Volume Growth
Hyperliquid (HLQ) has rapidly gained traction among traders this month, posting a 24% weekly price appreciation as its network activity and trading volumes spike. The decentralized perpetual swaps platform is attracting attention as a high-momentum play in the altcoin market, with derivatives activity reaching new highs. Analysts point to several catalysts behind the rally, including protocol upgrades and growing institutional interest in decentralized derivatives. While market conditions remain volatile, Hyperliquid’s performance suggests strong demand for leveraged trading solutions in the current crypto cycle. Investors should monitor whether the platform can sustain this growth trajectory as competitors vie for market share in the DeFi derivatives space.
HYPE Encounters Strong Resistance at $16
HYPE had been on a downtrend until April 10, when the price broke its trend line resistance. However, the token encountered strong selling pressure once it got to the $16.8 level and has been consolidating since then.
In addition, the price broke above its 21-day EMA, meaning that the price action has managed to reverse the downtrend for now.
Momentum indicators have improved significantly as the Relative Strength Index (RSI) jumped above its 14-day SMA while the MACD’s histogram ROSE for six consecutive days. However, the histogram shows that positive momentum has been decelerating.
as a break above this level could result in further upside potential ahead for HYPE.
Looking at the hourly chart, the price has mainly risen amid a lack of volume from $15.4 to $16. The $16 area is heavily contended ground, but bears have dominated the price action every time the price climbs to this mark.
During the American session, the price has already retreated sharply once it touched this level already. Hence, an ideal entry for HYPE bulls would be $14.6, as this has been a strong area of support in the past.
HYPE’s performance could continue to defy the market’s downtrend as the platform benefits from volatility and traders’ interest in cashing in on temporary price spikes. This makes HYPE one of the best cryptos to buy in April.
Meanwhile, a new decentralized content distribution platform called SUBBD (SUBBD) could soon become a strong blockchain-based contender to well-established players like OnlyFans.
SUBBD (SUBBD) Raises Nearly $180,000 Just a Few Days After Its Presale Kicked Off
SUBBD (SUBBD) aims to revolutionize how influencers share their content by introducing a decentralized platform that allows them to keep a higher share of their earnings and monetize AI-generated content.
The SUBBD presale was launched at the beginning of this month andto build the platform.
The SUBBD token is the gateway to its ecosystem. Creators are compensated automatically through smart contracts and users can buy it to get discounts on subscriptions, early access to new features, and exclusive content.
SUBBD responds to an urgent need from influencers who have been disappointed by unfair bans and models that benefit content distribution platforms primarily.
With more than 2,000 creators already onboarded, the demand for the SUBBD token will likely rise. Hence, at its discounted presale price of $0.055175, this utility token offers significant upside potential to early buyers.
To buy SUBBD, simply head to the SUBBD website and connect your wallet. You can either swap USDT or ETH for this token or use a bank card to make your investment.
Buy SUBBD Here
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