Hyperliquid Price Hits Record High: What’s Fueling HYPE’s Explosive Rally?

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Large blue and metallic Hyperliquid HYPE token standing upright in front of a blue digital candlestick chart background.

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Hyperliquid price surged to a fresh all-time high near $73 today, extending one of crypto’s strongest rallies as institutional demand, ETF accumulation, and tightening token supply continue driving momentum behind the protocol. The move has already pushed HYPE ahead of Dogecoin in market capitalization, while newly launched spot Hyperliquid ETFs are reportedly absorbing supply at …

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