<ul data-eligibleForWebStory="false"><li>Hyperliquid (HYPE) is currently trading at $41.76 following a 6.7% daily increase and a $315.7 million surge in trading volume.</li><li>The protocol earned $46,000 in fees, with 97% used for token buybacks, holding $1 million in bids.</li><li>HYPE's technical analysis shows an upward triangle formation, indicating a potential breakout that could lead the price to $59, suggesting strong upward movement.</li><li>Analysts predict a bullish outlook for Hyperliquid, with potential for a rally towards $59 and beyond if the current resistance is overcome and a breakout occurs.</li></ul>

Hyperliquid Price Forecast: Will HYPE Hit $60 This Week?

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