Hyperliquid Reaches New Heights as HYPE Token Soars
Hyperliquid’s HYPE token has hit a new all-time high, closing at over $42. On June 11, 2025, HYPE surged by more than 8%, reaching $42.07. This impressive climb follows a sharp rebound from last week’s dip near the $30 mark.
The token’s success reflects growing investor confidence. Positive market momentum, new exchange listings, and speculation about future gains have all contributed to this rally. In the last 24 hours, trading volume spiked to over $500 million, pushing HYPE’s market cap to $14 billion.
Whales are also playing a significant role in this surge. According to Spot On Chain, a wallet recently bought 259,367 HYPE tokens, worth nearly $10 million. This purchase added to the whale’s position, which has seen over $10 million in profits.Other large buys include:
- 70,617.6 HYPE tokens at $35.40 each, worth $2.5 million.
- 28,500 HYPE tokens at $35.09 each, valued at $1 million.
- 57,372 HYPE tokens at $24.95 each, worth $1.45 million.
Beyond these purchases,Hyperliquid’s ecosystem is strengthening. New integrations and partnerships are attracting more users and boosting investor confidence. Although HYPE has slightly cooled to around $41.24,it remains well above previous resistance levels,indicating strong momentum.
