NiftyNoon: HYPE Train Full Steam Ahead? 🚂💨📈
Hyperliquid's HYPE token shows Solana-like breakout patterns, eyeing big gains amid record platform activity and strong tokenomics (May 27, 2025)
Nifty Thought:
The crypto community is buzzing as Hyperliquid's native token, HYPE, is exhibiting a price structure strikingly similar to Solana’s impressive breakout in early 2021, which saw SOL surge roughly 300%. Technical analysts note that HYPE has recently broken above a key Fibonacci retracement level, echoing SOL's past performance, and if this fractal pattern continues, HYPE could potentially see significant upside, with some models suggesting a rally of up to 240% by July from its recent breakout zone near $35. Adding to the optimism, many crypto natives are highlighting Hyperliquid's vision of creating a high-performance, onchain trading experience, emphasizing that nearly 97% of all trading revenue goes directly back to HYPE tokenholders, which could bolster the token's value.
Fueling this potential is the remarkable growth of the Hyperliquid platform itself, a perpetual DEX built on its own Layer 1 blockchain. Excitement around the HyperEVM has led to a wave of traders bridging capital to the chain in the hopes of catching a potential explosive memecoin meta on the chain. The platform recently saw its open interest (OI) soar to a new record of over $9.2 billion, coinciding with Bitcoin reaching fresh all-time highs. This surge in activity included approximately $4.2 billion in Bitcoin OI and a notable $748 million in demand for HYPE contracts, placing it third on the platform. Hyperliquid’s trading volume and daily revenue also climbed to $11.5 billion and $3.4 million, respectively, as its HYPE token also hit a new all-time high of $36.2. This robust platform performance and attractive tokenomics suggest a strong underlying demand and utility for HYPE, potentially supporting the bullish technical outlook.
Highlighted News:
💰 The Hyperliquid buy back fund "0xfefefefefe…" has bought back $858,141,592 over the past 7 months netting a profit of +$548,101,327 for the buy back machine:
https://x.com/thinkingusd/status/1926626263118012486?s=46
💦 Hyperliquid Labs submitted two comment letters to the United States’ Commodity Futures Trading Commission (CFTC) in response to its recent
Requests for Comment on perpetual derivatives and 24/7 trading:
https://x.com/hyperliquidx/status/1925788936531591394?s=46
📉 James Wynn just fully closed his $1.2B $BTC long on Hyperliquid:
https://x.com/follis_/status/1926423123303264339?s=46
🍽️ Two attendees of Trump’s crypto VIP reception and dinner shared that while the food was good, they were disappointed by the lack of meaningful interaction with the president:
https://x.com/eleanorterrett/status/1925889515786326334?s=46
🦅 Trump Media & Technology Group, which is behind the Truth Social app and controlled by the president’s family, aims to raise $2bn in fresh equity and another $1bn via a convertible bond:
https://x.com/ft/status/1927033216172425690?s=46
🔐 Doubling down on Sui security. A thread:
https://x.com/suinetwork/status/1927077606488252775?s=46
Project and Community News:
Trump has agreed to move EU Tariffs to July 9: https://x.com/DBNewswire/status/1926762600567562477
Strategy has acquired 4,020 BTC for ~$427.1 million at ~$106,237 per bitcoin and has achieved BTC Yield of 16.8% YTD 2025: https://x.com/saylor/status/1926972171349373129?s=46
The Ultimate HyperEVM Airdrop Playbook:
https://x.com/Basesol_NFT/status/1921185493481340950
The Exact Setup @PixOnChain is Using to Make $1M+ from HyperEVM: https://x.com/pixonchain/status/1927112352270373259?s
$BUDDY on HL broke another ATH and is in price discovery: https://x.com/wals_eth/status/1926735774956880346
$HYPE officially in top 10 by marketcap:
https://x.com/kekbeta/status/1926590984457953553?s=46
On Wednesday, the Sui validator community acted quickly to freeze $162M of the stolen funds. Here’s how that happened: https://x.com/suinetwork/status/1926053323410493929?s=46
Cetus Community Update: https://x.com/cetusprotocol/status/1926434882781057252?s=46
@ethos_network shares updates to @ethosAgent, the Agent that helps store tweets as reviews onchain, forever: https://x.com/ethos_network/status/1927112991360659848?s=46
Speakers at the Bitcoin 2025 Conference in Las Vegas: https://x.com/bitcoinmagazine/status/1926324131923976224?s=61
Zero-fee USD1 withdrawals now live on Binance: https://x.com/worldlibertyfi/status/1925936500857819430?s=46
USD1 is very live on Venus: https://x.com/venusprotocol/status/1926013995296698731?s=46
Catena Labs secured $18M in funding, led by @a16zcrypto: https://x.com/catena_labs/status/1924797714279133566?s=46
@Dolomite_io upgrading primary Ethereum Mainnet liquidity pool to $DOLO / $USD1: https://x.com/dolomite_io/status/1927042735371923711?s=46
Binance will be the first platform to feature SOPHON (SOPH): https://x.com/binance/status/1925887034385731950?s=46
Weekly invitations added to Ethos accounts for activity will be paused indefinitely: https://x.com/ethos_network/status/1925685333082927588?s=46
@UpsideFun launching june 10th on @base: https://x.com/UpsideFun/status/1927009029722710155
Season 2 of the Onchain Heroes experience begins next week: https://x.com/onchainheroes/status/1925985804909785246
Hasbulla is launching a token on BNB: https://x.com/starplatinumsol/status/1927085184383434885?s=46
20 Memeland Captainz just dumped into bids, first time below 0.4 ETH: https://x.com/lokithebird/status/1926656250592588090
Seedphrase just re-upped his $2.75M loan against his marquee 7-trait Punk on Gondi: https://x.com/tyler_did_it/status/1926297694454046930?s=46
Introducing the Franck Muller x Solana Watch Collection: https://x.com/franckmullerlab/status/1925938855548436898?s=46
Quick Stats:
👾 Blur ETH Daily Volume: 496 ETH (▼ 23.78%)
🌊 OpenSea ETH Daily Volume: 770 ETH (▲ 13.76%)
🟠 BTC: $109,715.87 (▼ 0.06%)
🔷 ETH: $2,643.84 (▲ 3.06%)
🟣 Solana: $176.76 (▼ 0.44%)
🟪 Polygon: $0.23 (▼ 2.85%)
Top NFT Sales:
CryptoPunks #8619: 64.00 ETH
CryptoPunks #7973: 55.00 ETH
CryptoPunks #5322: 49.55 ETH
NFT Daily Winners:
🏴☠ Captainz: 0.46 ETH (▲ 22.97%)
⛩ Azuki: 2.45 ETH (▲ 4.05%)
🦧 Bored Ape Yacht Club: 13.59 ETH (▲ 0.07%)
💼 Ordinal Maxi Biz: 0.02 BTC (► 0.00%)
NFT Daily Losers:
🚬 CryptoPunks: 46.78 ETH (▼ 0.02%)
🐧 Pudgy Penguins: 9.74 ETH (▼ 0.36%)
🍭 Mocaverse: 1.64 ETH (▼ 0.65%)
🧙♂️ Taproot Wizards: 0.19 BTC (▼ 0.69%)
🏳🌈 Chromie Squiggles: 4.75 ETH (▼ 1.04%)
👩🏻 Milady Maker: 2.92 ETH (▼ 1.35%)
😡 Mad Lads: 33.21 SOL (▼ 2.31%)
🐵 NodeMonkes: 0.04 BTC (▼ 3.02%)
🐱 Quantum Cats: 0.03 BTC (▼ 4.65%)
🧦 Bitcoin Puppets: 0.04 BTC (▼ 4.68%)
👾 Tensorians: 2.80 SOL (▼ 19.77%)
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