Hyperliquid jumped with 330% of the lowest level in April and could be about to be more profit after exceeding an important milestone of $ 2 billion.
The price of hyperliquid (hype) was traded on Sunday 15 June at $ 40.4, a few points below the all time of $ 43.96. Market capitalization has been increased to $ 13 billion, while the fully diluted appreciation rose to $ 40.75 billion.
Defi Lama Data is displayed That the total value that is locked from the Layer-1 chain of Hyperliquid has risen to $ 2.01 billion after rising by 70% in the last 30 days. This growth makes it the 11th largest chain in the crypto industry and passes popular networks such as Cardano, Hedera Hashgraph and almost protocol.
The biggest players in the Layer-1 network of Hyperliquid are hyperliquid itself, hyperlend, Felix, Morfo and Hyperbeat.
Further data show that Hyperliquid has become one of the largest players in the Stablecoin industry. It has $ 3.7 billion in Stablecoins in its Layer-1 network, a major increase of $ 2 billion in January this year.
An increase in the Stablecoin volume is a sign that the network is very active. The most important thing is that Hyperliquid de sixth Player in the Stablecoin industry after Ethereum, Tron, Solana, BNB chain and base.
In the meantime, the eternal exchange of hyperliquid continues to win a share in his industry. It has treated more than $ 4.43 billion in transactions in the last 24 hours, much higher than the other top ten platforms together. The monthly volume rose to $ 242 billion.
More data show that investors set up their hype tokens, as has the expiring market capitalization skipped With 16% in the last seven days to $ 17.1 billion.
Hype Price Technical Analysis
The eight-hour graph shows that the hype price has been in a strong upward trend in recent months, which today moved from a low from $ 9.29 to $ 40. It has been moved above the rising trend line that has connected the lowest points since 12 May.
Hyperliquid token is above the advancing averages of 50 periods and 100 periods and the most important support at $ 39.94, the highest point in May. That is why token will probably continue to rise because bulls focus at a record high of $ 43.95. A movement above that level will indicate more profit, possibly to the psychological point of $ 50.
