#Hyperliquid
🚀 Hyperliquid ($HYPE ) beats the market: +11% for the week!
While the market leaders are showing restrained growth, Hyperliquid (HYPE) has become the real star of the week, outpacing even XRP and Ethereum in terms of growth rates.
📊 The main thing in numbers:
• Weekly growth: HYPE grew by 11%, while XRP and ETH added about 5.5%.
• Price record: The token peaked at $43, entrenching itself in the TOP-10 crypto assets by market capitalization (pushing Cardano).
• Volumes: Daily trading volume jumped by 178% during the rally.
🛠 What is pushing the price up?
1. Technical breakthrough: Consolidation above the $34 level provoked a wave of buying.
2. Institutional adoption: Important news — the integration of Ripple Prime with Hyperliquid. This combines traditional finance (TradFi) with DeFi, opening up access to on-chain liquidity for institutions.
📉 Current Situation (Correction)
Against the backdrop of a general cooling of the market, all assets have sagged somewhat over the past 24 hours:
• HYPE: $39.71 (-4.2%)
• XRP: $1.45 (-4.3%)
• ETH: $2,161 (-7%)
⚠️ Conclusion: Despite the daily pullback, the high trading volume ($626 million for HYPE) indicates that investors continue to accumulate the asset, waiting for a new surge.
