Hyperliquid (HYPE) price surged to an all-time high above $39 on May 26, propelled by significant buying pressure and daily trading volume exceeding $426 million.
Key on-chain metrics indicate potential for Hyperliquid to aim for $100, with open interest hitting $1.41 billion and total value locked surpassing $1.75 billion.
Analysts are bullish on HYPE, suggesting that if the price breaks above $40, it could target the $100 mark, with support levels at around $32 and $26.
The rapid growth of Hyperliquid is evident as the platform becomes one of the top performers, attracting attention from whales and the community.