$HYPE
As of May 15, 2026, **HYPE/USDT** is experiencing a powerful bullish breakout, surging nearly **20%** to trade around **$46.69** following a series of high-impact institutional developments. The primary catalyst is a strategic partnership with **Coinbase**, which has officially become the treasury deployment partner for **USDC** on the Hyperliquid network, providing the ecosystem with massive liquidity and a regulated stablecoin backbone. This momentum is further bolstered by **Kraken** adding HYPE as a collateral asset for pro traders and **HashKey Exchange** opening regulated OTC access for institutional investors in Asia. With 24-hour trading volume exceeding **$714 million** and the protocol maintaining a dominant **75% market share** in on-chain perpetuals, HYPE is currently testing the **$47.00 resistance**; a successful daily close above this level could clear the path for a historic run toward
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