Hyperliquid Price Forecast – Why HYPE Could Soon Hit $50

Highlights:

• Hyperliquid is still trading in a bull channel despite an intraday correction
• Internal and macro factors support bullish sentiment around HYPE
• The addition of HYPE to institutional treasuries is likely to push HYPE to $50 soon

Hyperliquid (HYPE) is slightly red today, reflecting the price action across the altcoin market. At the time of going to press, HYPE was trading at $38.05, down by 2.57% on the day. While the price has experienced a slight intraday correction, trading volumes have increased by 1.12% to stand at $445.25 million in the day. This could indicate that some holders are liquidating their HYPE holdings in the short term. 

This move is reasonably expected given that HYPE has recently been the top-performing cryptocurrency, increasing exponentially even as other altcoins remained stagnant. As such, traders may be taking some profits to rebalance their portfolios. Outside of short-term profit taking, HYPE is likely to continue rising in the future. Multiple factors point to HYPE as a cryptocurrency with strengthening fundamentals. 

Institutions Adding HYPE to Their Balance Sheets

One of them is that institutions are starting to invest in HYPE and adding it to their balance sheets. So far, the market has gotten used to institutions adding Bitcoin and Ethereum to their balance sheet. HYPE is now joining these two. One of the big news stories today is that EyeNovia, a medical devices company, is establishing a cryptocurrency reserve and is looking to invest $50 million in HYPE. The company has announced that it will issue convertible stock valued at $3.25 per share to achieve this goal. This is a big deal as it points to the confidence EyeNovia has in HYPE as an investment.

Eyenovia, a publicly traded company, is buying $50M worth of HYPE and staking all of ithttps://t.co/lLmrEkM1bu

H/t @ericonomic pic.twitter.com/u6axCA9PEP

— MLM (@mlmabc) June 17, 2025

EyeNovia isn’t the only company actively investing in HYPE. Nasdaq-listed Lion Group Holdings Ltd has announced that it has secured $600 million that it will use to create a HYPE treasury. Accordign to the company’s CEO, Wilson Wang, HYPE and similar blockchains will be foundational to the fast growing DeFi market.

Another crypto Treasury Company @LionGroupLGHL, a Singapore tradfi derivative company, secures $600m facility to aquire $HYPE, $SOL and $SUI for its strategic treasury and become the first crypto Treasury company listed on Tokyo and Singapore Exchanges. pic.twitter.com/FdYwCsxZhv

— MartyParty (@martypartymusic) June 18, 2025

As more of these institutions start adding HYPE to their balance sheets, the odds are high that the price will stabilize and go up over time. That’s because institutional investors are long-term holders and are unlikely to chase short-term pump-and-dump. The stability they create is likely to draw even more capital into HYPE, further adding to its upside potential going into the future. 

Hyperliquid Holding Up Strongly to Macro Economic Uncertainties

HYPE’s intraday dip is also likely to be viewed as a buying opportunity now that the broader market is doing well in the face of macro uncertainties. Last week, war broke out between Israel and Iran, and it did not affect the cryptocurrency market. Yesterday, June 18, the Fed opted to leave rates unchanged.

Still, this had little impact on the cryptocurrency market, even though the market would have benefited immensely from a rate cut. This indicates strong underlying demand and could help draw more investors to cryptocurrencies. Such is likely to benefit HYPE as it has done well relative to the broader market. The rising demand for HYPE is already evident because HYPE NFTs are currently at an all-time high of $65,000.

"Increases in tariffs this year, are likely to push up prices and weigh on economic activity," says Federal Reserve Chair Jerome Powell https://t.co/P7d4xO9NfY pic.twitter.com/g3qpGkkKvO

— Bloomberg TV (@BloombergTV) June 18, 2025

Technical Analysis – HYPE Making Higher Lows In a Bullish Channel

From the charts, HYPE looks bullish and could be headed to new highs in the short term. HYPE is trading in a strong bull channel on the weekly chart while making higher lows. This means buyers are actively purchasing every slight correction in price.

If the latest correction is bought up from the $37.0 to the $37.19 price level, the next rally could push HYPE to prices above $50 in the short term. Such a price rebound is likely to be anchored by institutional adoption and the strong underlying momentum that HYPE has built up so far.