How Hyperliquid’s TradFi Edge Could Lift HYPE Price 90% — New All-Time High Coming?
Hyperliquid's ability to trade tokenized traditional finance assets 24/7 is driving significant volume, which fuels a deflationary burn mechanism for its HYPE token, attracting smart money accumulation.Summary
Hyperliquid (HYPE) price has recently shown strength, attributed to its unique position as a venue for 24/7 trading of tokenized traditional finance (TradFi) assets like oil, gold, and stocks via perpetual futures. A major volume spike occurred during a weekend when traditional markets were closed, demonstrating this edge. This increased activity directly feeds HYPE's deflationary burn engine, as 97% of core trading fees are used to buy and permanently burn HYPE tokens, leading to net token removal exceeding daily emissions.
This structural advantage is attracting significant institutional interest, evidenced by integrations like Ripple Prime and Trojan, and the launch of a physically backed HYPE staking ETP by CoinShares. On-chain data shows smart money wallets are overwhelmingly long on HYPE, contrasting with retail positioning, which leans short with significant short liquidation leverage clustered above $34. Technically, HYPE reclaiming the 20-day EMA suggests an early stage of a rally similar to January's 81% surge. Key resistance levels are $34, $39, and $43, with a break above potentially leading to a 90% upside target of $62 for a new all-time high.
(Source：BeInCrypto)