coin-img-ETHETH-0.60%coin-img-BTCBTC+0.48%coin-img-HYPEHYPE+4.83%coin-img-SOLSOL-0.48%coin-img-XRPXRP-0.68%coin-img-USDCUSDC+0.00%coin-img-TONCOINTONCOIN-1.99%coin-img-DOGEDOGE-0.50%coin-img-ETHETH-0.60%coin-img-BTCBTC+0.48%coin-img-HYPEHYPE+4.83%coin-img-SOLSOL-0.48%coin-img-XRPXRP-0.68%coin-img-USDCUSDC+0.00%coin-img-TONCOINTONCOIN-1.99%coin-img-DOGEDOGE-0.50%coin-img-ETHETH-0.60%coin-img-BTCBTC+0.48%coin-img-HYPEHYPE+4.83%coin-img-SOLSOL-0.48%coin-img-XRPXRP-0.68%coin-img-USDCUSDC+0.00%coin-img-TONCOINTONCOIN-1.99%coin-img-DOGEDOGE-0.50%coin-img-ETHETH-0.60%coin-img-BTCBTC+0.48%coin-img-HYPEHYPE+4.83%coin-img-SOLSOL-0.48%coin-img-XRPXRP-0.68%coin-img-USDCUSDC+0.00%coin-img-TONCOINTONCOIN-1.99%coin-img-DOGEDOGE-0.50%

Hyperliquid hits new record high as spot ETFs see heavy outflows

Hyperliquid's token $HYPE notched a fresh all-time high on Wednesday, rising 14.35% over the past 24 hours to $64.13 and extending its weekly gain to 42%. The move pushed Hyperliquid to No. 11 by market capitalization at $14.98B, with fully diluted valuation at $55.45B, already above Solana's. Trading activity remained strong, with 24-hour volume reaching $1.17B. The rally broke above the prior peak of $62.24 set on May 21, even as spot Bitcoin ETFs recorded $2.26B in net outflows over the past two weeks. Hyperliquid's newly launched pre-IPO perpetuals tied to $SpaceX, OpenAI, and Anthropic are live and helping drive additional volume.
HYPE
HYPE+4.83%
SOL
SOL-0.50%
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