The indigenous token of hyperliquid has risen to an all time high, a wave of investors enthusiasm and bullish on-chain signals while the long-awaited USDH Stablecoin launch of the platform is approaching.
Summary
- Hype has reached a record high of $ 59.39, an increase of 6.65% on the 24-hour graph.
- Defillama data rank hyperliquid as the 5th largest stablecoin network.
- Smart money and public investors show strong long positions on the token.
The hyperliquid token rose today to a new highest highlight of $ 59.39, fueled by anticipation on the long-awaited USDH Stablecoin launch of the platform and broader optimism in its growing ecosystem.
According to data from crypto.news, the hype (hype) has increased by 6.65% in the last 24 hours and an indicator for a positive market sentiment last week. The Bullish Run has fueled enthusiasm in the crypto community, with prominent figures such as such as such as Arthur Hayes Celebrate the milestone.
In addition to the price stick, data on chains show a broader growth trend about the hyperliquid platform. According to DefillamaThe protocol is now the fifth largest player in the Stablecoin industry, which has surpassed large networks such as base, arbitrum and polygon. The total amount of Stablecoins on the platform has risen by 4.99% last week and has reached $ 6.20 billion, an indication of the growing user activity and transaction volume.
The turnout also follows the recent launch of Circle’s USDC on the network, a movement that is expected to strengthen the positioning of the platform and possibly accelerates the acceptance of USDH as soon as it is launched. In addition, the total value has locked (TVL) increased From $ 354 million in April to $ 2.74 billion in September, a sign of enormous capital inflow and trust from Defi users.
Smart Money Backs Hype Price Rally
Insights from Nansen show that sentiment remains firm bullish under institutional and public investors. Smart Money Wallets currently have around $ 86 million in long positions, almost double the $ 40 million in shorts. Public investors reflect a similar tilt, with $ 47 million long versus $ 22 million shorts.
$HYPE positioning on @HyperliquidX is a battlefield:
🤓 Smart Money: $86M long vs $40M short
👔 Public Figures: $47M long vs $22M short
🐳 Whales: perfectly split, $259M long vs $248M shortTotal open interest: $1.51B
Hyperliquid pic.twitter.com/rhT2ecPfhL
— Nansen 🧭 (@nansen_ai) September 18, 2025
Interestingly, whale activity split more, $ 259 million long versus $ 248 million short, which emphasizes the growing tensions in the market. This gap suggests that although many people anticipate further winning, some players prepare for a possible correction. With a total open interest that rises to $ 1.51 billion, volatility will probably continue to exist in the short term.
At the time of writing, the token acts at $ 58.01. It has witnessed a small withdrawal of his all time, but remains above the low point of $ 40 above the low point of $ 40. This month, market capitalization has grown by almost 40%, risen from $ 11.5 billion to $ 16 billion, and 24-hour trade volume has risen more than 55%, which has a high liquidity and investority, which has a high liquidity and investority.
The current daily RSI is 69, which is close to the overbough level of 70, and the MACD indicator indicates a strong bullish crossover with widening histogram stations, both of which point to further upward movement. The launch of the USDH Stablecoin is expected to stimulate a price rally, which may push a hype to $ 65 and possibly reach $ 70.
