HYPE Price Eyes $100 Rally as Hyperliquid’s Deflationary Burn Strengthens

Hyperliquid is defending the critical $51–$53 support zone as analysts watch for a potential bullish continuation toward $90–$100. Meanwhile, the network has burned 47.53 million HYPE tokens, reducing supply and strengthening the scarcity narrative, although sustained demand and ecosystem growth remain key to further upside.