HEX Skyrockets 100% in 30 Days—Is ATH Next?

HEX just pulled off a moonshot most altcoins only dream about—doubling its value in a single month while Bitcoin flatlined. The cult-favorite crypto now flirts with its all-time high, leaving traders wondering if it’s primed for a breakout or a classic ’buy the rumor, sell the news’ nosedive.

Behind the surge: Speculation around staking rewards and a loyal—some say fanatical—community propping up demand. Critics whisper ’ponzinomics,’ but try telling that to holders counting their triple-digit gains.

Wall Street analysts, meanwhile, are too busy downgrading Coinbase stock to notice. Crypto’s wild west era isn’t over—it’s just wearing a HEX jersey now.

Cryptocurrencies Surge Amid US-UK Trade Deal

HEX is currently following a market-wide resurgence. The asset’s rally comes amid President TRUMP announcing a new US-UK trade deal. The stock market also saw a bump today.

HEX’s rally comes amid Bitcoin’s (BTC) latest rally to the $103,000 price point. The global crypto market cap has risen 3.7% in the last 24 hours to $3.39 trillion.

Other bullish developments may have also helped HEX’s latest upswing. The Office of the Comptroller of the Currency (OCC) recently said regulated banks could buy, sell, and offer custody services for cryptocurrencies. The MOVE may have led to a surge in investor confidence.

There is also a chance that the Federal Reserve will cut interest rates soon. A rate cut could lead to investors taking on more risks as borrowing becomes easier. The crypto market could see a surge in investments under such conditions.

Will HEX Hit a New All-Time High?

HEX is currently down by more than 99% from its all-time high of $0.5108. The asset hit a peak in September 2021, during one of the most significant cryptocurrency market bull runs. The asset’s price took a massive hit after the SEC accused Heart of fraud. The cryptocurrency has seen an incredible rebound after the SEC dropped its lawsuit.

If the crypto market continues its upward momentum, HEX could reclaim significant traction. Whether the asset hits a new all-time high is yet to be seen. Investors distanced themselves from the asset after the SEC’s lawsuit. With the case dismissed, we may see investors flocking back to the project. A surge in interest could lead to HEX reclaiming its previous high. When that happens, it is yet to be seen.