Hyperliquid approaches $70 as institutional interest fuels rally

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HYPE, the native coin of the Hyperliquid ecosystem, is the best performer among the top 10 cryptocurrencies by market cap. The coin is up by 11% in the last 24 hours and is now approaching the psychological $70 level. The rally comes as Hyperliquid continues to strengthen its position in the digital asset derivatives market, capturing a record 8.3% share of global perpetual futures open interest. The milestone reflects growing participation on the platform and improving liquidity conditions, both of which can support higher trading activity and deeper market engagement. The platform has also recorded approximately $240.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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