Hype Price Prediction – HYPE Makes New Highs, Eyes $50 Next

Highlights:

• HYPE is currently making new highs as FOMO builds up
• HYPE is driven by the strength of its core fundamentals
• Broader market momentum is adding to HYPE’s rising price 

Hype is one of the top-performing cryptocurrencies today and is also making new all-time highs. At the time of going to press, Hype was trading at $40.93, up by 10%. Hype trading volumes are also going up exponentially in the day. They have shot up by 137.78% to stand at $429 million. This indicates FOMO is building up and has more upside potential in the foreseeable future. A lot could drive Hype to even higher prices than it has done. 

HYPE Value Driven By a Profitable Business

One of them is that Hyperliquid, the platform behind the HYPE token, is a real functional business. The average cryptocurrency project in the market today is driven by nothing but speculation. It’s more of a promise of what will be done than what is being done. Hyperliquid is quite different in that it is not only a real business, but also a profitable one. 

The Hyperliquid platform allows builders to create projects, traders to exchange tokens, and passive investors to stake tokens in one decentralized platform. The uptake so far is impressive, with Hyperliquid generating over $1 million a day in revenues. With such a profitable business underpinning its value, money will likely flow into the HYPE token. It may explain why HYPE outperforms the average top 100 cryptocurrency and weathers market downsides better.

Hype Offers A Passive Income Potential – Likely to Drive Value Growth Long-Term

Besides being profitable, Hyperliquid distributes the revenues generated to HYPE holders. For context, Hyperliquid has distributed $64 million to investors in the past month. This is a big deal as it will likely continue to draw in investors seeking to passively grow their cryptocurrency holdings while profiting from long-term price appreciation.

When someone asks why Hyperliquid reached a new all-time high today, show them this.

$64m distributed to $HYPE holders in the last 30 days. pic.twitter.com/DSXl1vfR9a

— DeFi Warhol (@Defi_Warhol) June 10, 2025

Hyperliquid also stands to benefit from the fact that it has a competitive edge in its market. The Hyperliquid platform has become a real competitor to centralized exchanges. Unlike the average DEX, which is difficult for the average investor, Hyperliquid looks and feels like a top-tier centralized exchange. This is likely to continue drawing capital into the platform from traders tired of the drawdowns of centralized exchanges, such as market manipulation. Transparency is especially a strong selling point for HYPE, given that everything on the exchange happens on-chain through the Hyperliquid L1.

Hardest part about using Hyperliquid? Getting your fiat there

ZKP2P just changed that

Onramp directly to HyperEVM from Venmo, Wise, Cashapp, Revolut, Zelle, and Mercado Pago

Fast. Permissionless. No Fees.

Hyperliquid pic.twitter.com/kpruVhzDbD

— ZKP2P (@zkp2p) June 10, 2025

Broader Market Supports HYPE Value Growth

The broader cryptocurrency market is also increasingly bullish, and that’s a plus for HYPE. Bitcoin and Ethereum, the two market leaders, appear to be gaining upside momentum. As this momentum builds up across the market, HYPE also benefits. Due to its impressive performance so far, HYPE could go parabolic, especially if Bitcoin rallies through $110k and gives the impression that $120k and higher is possible. Ethereum’s current performance also indicates that bulls are entering the altcoin market. This could further fuel HYPE and drive FOMO, pushing it to new highs in the short term.

#BITCOIN BALANCE ON EXCHANGES HITS AN ALL TIME LOW.

TIGHTEN YOUR SEATBELTS 🚀 pic.twitter.com/eedNd1Y1zc

— Vivek⚡️ (@Vivek4real_) June 10, 2025

Technical Analysis – HYPE Gaining Momentum In a Bullish Channel

From the charts, HYPE is trading in a bullish channel and with substantial volumes. It is also making higher lows, an indicator that every slight dip in price is being bought up.

If bulls sustain the momentum they have built up so far, HYPE could be headed to prices above $50 in the short term. However, if momentum declines across the market, HYPE will likely consolidate around the $40 mark, now a strong intra-day support level.