Hyperliquid’s native token HYPE has fallen 18% over the past week, underperforming both Bitcoin and Ether. The decline comes amid a broader cryptocurrency market correction and after a security-related freeze on Binance, which has since been resolved. Market participants are reassessing HYPE’s prospects of reaching new highs, with the token trading below its all-time high set in September. The market currently assigns a 23% probability to HYPE reaching $100 by the end of 2026.
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