Hyperliquid (HYPE) Price: Token Hits All-Time High as Treasury Grows to 29M Tokens

TLDR

• HYPE hit a new all-time high of $84.80, up around 5% in 24 hours
• Hyperliquid Strategies expanded its HYPE treasury to 29.3 million tokens after raising $646.6 million
• The AQAv2 reserve yield program now funds HYPE buybacks, potentially adding ~$182 million annually
• President Trump stated Hyperliquid could be available in the US soon, with the CFTC working on a compliant pathway
• Key resistance sits at $89.23, with $92.37 as the next Fibonacci target

HYPE is trading at around $85.33 after hitting an all-time high of $84.80 on Thursday. That marks its second record in seven days.

The rally follows a 40% weekly candle that broke through the old $77 resistance level. HYPE has since held $77 as support.

Hyperliquid Strategies, listed on Nasdaq under the ticker PURR, reported it now holds 29.3 million HYPE tokens in its treasury. The company raised $646.6 million through a committed equity facility during fiscal year 2026.

It deployed roughly $773.4 million in total, buying around 16.5 million HYPE at an average price of $46.77 per token. The treasury grew from 12.5 million tokens following the company’s merger.

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