Hyperliquid Price Prediction: HYPE Gains Nearly 50% in August as Trading Activity Accelerates
- HYPE’s bullish structure remains intact as price holds above major EMA support levels.
- Rising open interest shows stronger participation but increases liquidation risks significantly.
- Strong spot inflows could help HYPE challenge its $76.87 record resistance soon.
Hyperliquid is gaining momentum as stronger network activity and renewed buying interest push HYPE toward its recent highs. The token has gained nearly 50% during August, highlighting a sharp improvement in market sentiment. Moreover, Hyperliquid continues expanding its position within the onchain derivatives sector.
The platform generated $419 million in fee revenue during the first half of 2026. Daily active users also jumped 90%, while trading volume reached $1.29 trillion.
Significantly, Hyperliquid now controls 54.5% of the onchain perpetuals market. That share exceeds the combined position of…
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