Hyperliquid's price is showing signs of a bullish reversal, with analysts predicting a move towards $45.91 or even $50 amid increasing buying pressure.
Hyperliquid's Total Value Locked (TVL) has surged over 80% in the last three months, from $353 million to $1.73 billion, indicating a significant rise in user trust and adoption.
The token has gained trader attention after breaching $36 and establishing a new support level at $34, reflecting growing investor confidence and broader investments in DeFi.
With strong user trust and adoption, Hyperliquid is positioned for growth, with analysts monitoring the $35 support level; a break below could lead to a downward trend, while holding above could push the token to $45.91 and even $50.