Key Takeaways
Why is HYPE surging?
HYPE, that lively scamp of the digital financial soirée, is currently basking in the glow of record TVL, an eyebrow-raising 87% month-on-month DEX volume spike, and the kind of institutional nod from Circle that sets even the most jaded spectator tapping their foot in FOMO-inflicted glee.
What’s the technical picture?
Our dear Hyperliquid has been sporting a Monthly ROI north of 30%, punctuated by three higher lows since the modest $37 mark and an elegant parade of higher highs. $57? Merely a polite speed bump on this exuberant ascent.
Hyperliquid [HYPE] is presently engaging in a frolicsome dance towards all-time highs, propelled by a confluence of events so serendipitous one might suspect the stars themselves took bets. On 17 September, HYPE pirouetted up by 6.15%, shattering the old $57 ceiling with all the grace of an overenthusiastic debutante at her first ball. Despite a momentary wobble at press, the altcoin now coyly flaunts itself near the $60 threshold, much to the envy of lesser coins.
Peering through the on-chain looking glass, HYPE’s launch has been marked by its TVL vaulting to a dizzying $2.7 billion – a figure that added nearly $300 million in the very month of September. Meanwhile, XRP, poor thing, managed a humble $13 million addition, bound by the chains of comparative mediocrity.
From a technical vantage, HYPE is hauling in more than 20 times XRPL’s capital, suggesting a clientele far less meh, busier smart contracts than most cocktail parties, and an ecosystem that positively buzzes with vitality. In layman’s terms: Hyperliquid is strutting around like a rival L1 that actually matters.
And why should one care? Because the big liquidity sharks have now set their beady eyes squarely on Hyperliquid’s pond.
Circle-the esteemed overlords behind USDC-have swaggered in as stakeholders, and just this week, HYPE went live with native USDC + CCTP V2 on HyperEVM. To summarize, real use cases are expanding at a pace that would make even the most jaded venture capitalist blink, with serious liquidity stacking like an OCD enthusiast’s Tetris game.
What’s the upshot? HYPE’s DEX volume has soared by a breezy 87% month-on-month to a robust $1.3 billion. Meanwhile, Ethereum’s [ETH], that once-fabulous dame, has slipped 42% over the same stretch, hinting that traders are far more keen to waltz with Hyperliquid than hobble about with Ethereum these days.
HYPE’s ROI outshining the field
This quarter, Q3, appears destined to be Hyperliquid’s grand ascending act, and the charts nod approvingly in agreement.
HYPE boasts a monthly ROI above 30%, its finest feat since the balmy days of May. To put it mildly-this is five times the performance of ETH’s measured trot, showcasing a FOMO contagion expanding like an unruly Gatsby party. The price action, too, is as neat as a freshly pressed morning suit.
Since touching the modest depths of $37 in early August, HYPE has crafted three higher lows, each trailed by a loftier high, forging a bullish narrative that would make the most stoic analyst crack a smile. In this context, the $57 resistance is less a Wall Street fortress and more a charming garden gate.
In summation, HYPE’s on-chain liquidity is flowing as smoothly into the chart as gin at a Vicar’s Christmas party. 🍸
Read More
- Gold Rate Forecast
- Will Solana’s Short-Term Holders Save the Day or Just Make a Fuss?
- The Superman sequel story is…..
- Exit, rebuild, repeat — Intel’s new era begins without Holthaus
- Shiba Inu’s Mysterious Golden Cross: A Tale of Woe and Wonder 🐶💰
- Inside Ben Stiller and Christine Taylor’s Road to Reunion
- Who Is Nate Bargatze? What to Know About the Emmys 2025 Host
- Star Trek’s Spock Retcon Finally Fixed a Major Franchise Problem
- 10 Great MCU Character Introductions With The Most Aura
- Yellowstone icon Kevin Costner opens up on moving on from projects which are “no longer interesting” to him – and new documentary series
2025-09-19 08:24