Although Hyperliquid's HYPE token price has fallen 1.5% to $38, its intrinsic strength remains robust. The protocol generated $1.51 million in revenue over the past 24 hours, used to buy back and burn 36,745 HYPE tokens. Over 42.6 million tokens (worth $1.7 billion) have been permanently removed, with HYPE experiencing a monthly increase of 49%, sharply contrasting with the overall market weakness. The key support level is at $37.75, and resistance is at $41.27.

HYPE-1,25%

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