<ul data-eligibleForWebStory="false">Hyperliquid (HYPE) has seen significant growth, with a market cap of $12.88 billion and a 24-hour volume of $239.75 million.Whale buying of $2.5 million led to a 300% price increase since April, with the token currently trading around $38.77.The token's buyback model, along with increasing whale accumulation and strong market confidence, has driven HYPE's momentum.Technical analysts are eyeing a potential breakout level of $45 for HYPE, with strong support around $40 and $42.