Hyperliquid, a blockchain-based decentralized exchange ecosystem, has seen its native token HYPE reach a fully diluted valuation of approximately $91.1 billion, surpassing the market capitalizations of both Nasdaq and the London Stock Exchange Group. This milestone reflects growing market confidence, as prediction markets now assign an 83.5% probability to HYPE reaching $100 by December 31, 2026, up from 49% a week ago. The ecosystem has drawn significant institutional interest and aligns with broader trends of blockchain-based assets increasingly being compared to traditional market infrastructure.
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