Hyperliquid Price Prediction – Why HYPE Could Hit $50 Soon

Highlights:

• HYPE is making higher lows in a bullish channel
• Continuation of upside momentum could push HYPE to $50 soon
• Rising adoption and broader market sentiment are likely to push HYPE to $50

Hyperliquid (HYPE) is in the green today, reflecting the overall bullish sentiment across the market today. In the last 24 hours, HYPE is up by 5.24% to trade at $41.14. At the same time, HYPE’s daily trading volumes are going up.

When writing, HYPE trading volumes stood at $270.5 million, up by 75% on the day. This impressive volume surge alongside the price indicates that money is coming in quite strongly into HYPE. It is a strong pointer that HYPE could be headed much higher in the short term. Multiple factors could trigger a continuation of the momentum that HYPE has built today. 

Broader Market Pushing Hyperliquid Price Higher

One of them is the fact that the broader market is going up. In the last 24 hours, Bitcoin, the market leader, has pushed through the $116k price level. As Bitcoin goes up, it has started lifting the altcoin market as well. HYPE, one of the top altcoins that responds well to bullish sentiment in the market, has responded well to this price action. If Bitcoin continues in its current trajectory and rallies through the $120k price level, Hyperliquid price could rally back to its recent all-time high and potentially rally to new all-time highs above $50.

I’m a professional trader
Chart says $HYPE long

Didn’t quite touch the blue-green line
Now bounced off the light green one pic.twitter.com/Yn99j63oMu

— Vlad (lock in arc) (@Vlad_Web3) August 7, 2025

Hyperliquid Platform Adoption Likely to Drive HYPE Higher

HYPE also stands to benefit from the fact that user confidence is on the rise. Due to the volatile nature of the cryptocurrency market, prices plummet when a cryptocurrency has a minor hiccup. However, this is not the case with HYPE. Back in July, HYPE experienced an issue with its API. While the problem was quite public, it did not affect HYPE’s price or usage. The Hyperliquid platform had one of its most impressive months in July regarding user adoption. For instance, the Hyperliquid trading platform recorded trades worth $319 billion in July.

Besides traction numbers, revenues are on the rise. In July, the Hyperliquid platform’s revenues took a 35% share of all blockchain revenues. This means Hyperliquid, despite being a relatively new entrant in the market, is now outperforming the likes of Ethereum and Solana in revenues. With the adoption only getting stronger, the odds are high that the demand for HYPE will keep going higher going into the future. This adoption makes HYPE at a time when bullish sentiment is building up across the market, and makes a rally to $50 plausible in the short term.

This is the most insane crypto stat I've seen

Hyperliquid earned 35% of all blockchain revenue in July

This is the only blockchain in the top 20 with no VC or private funding, and refunds their users over a 30 minute API hiccup

You do not own enough $HYPE

Hyperliquid pic.twitter.com/NHEQ8koGe0

— aaalex.hl (@pana067) August 6, 2025

HYPE Institutional Adoption On the Rise

HYPE also stands to benefit from the fact that institutional adoption is on the rise. Companies increasingly create HYPE treasuries, putting HYPE in the same league as Bitcoin and Ethereum. One such treasury is by Hyperliquid Strategies Inc. They want to create a treasury with $305 million worth of HYPE tokens. As more treasuries are created, the demand will likely keep the price pushing higher. It is one of the factors that makes a rally through $50 a realistic projection in the short term.

Sonnet BioTherapeutics, Inc. Announces $888 Million Business Combination to Launch a HYPE Cryptocurrency Treasury Reserve Strategy

"A newly-formed entity formed by an entity affiliated with Atlas Merchant Capital LLC (“Atlas”), an affiliate of Paradigm Operations LP…

— MLM (@mlmabc) July 14, 2025

Technical Analysis – Hyperliquid Price Making Higher Lows In A Bull Channel

HYPE has been on an uptrend since August 7, while making higher lows. This indicates that every slight dip in the price is quickly bought up. If this momentum continues, HYPE could return to its recent high of $48.8, which is now resistance.

If bulls are strong enough to rally through $48.8, then HYPE could be headed to prices above $50 in the short term, and potentially test $100 in the medium term.