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HYPE Tops $60 as ETF Demand Supports Hyperliquid Rally

2026-05-23 12:05:53

Abstract generation in progress

HYPE crossed $60 for the first time and reached $62, lifting the token to a 120% year-to-date gain. DeFiLlama data showed Hyperliquid's total value locked surpassed $5 billion. Bitwise and 21Shares launched HYPE-linked ETFs earlier this month, and SoSoValue data indicates the products manage $81.13 million in assets.

HYPE6.9%

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