HYPE Coin Rally Enters Discovery Mode

Hyperliquid token (HYPE) has broken above $42 for the fourth time in 2025, entering price discovery once again.

Key Takeaways:

* Hyperliquid token (HYPE) has broken above $42 for the fourth time in 2025, entering price discovery once again. The latest breakout reflects consistent investor interest, aggressive whale positioning, and a broader DeFi resurgence.

* With strong market cap growth and user engagement, Hyperliquid crypto is establishing itself as one of the most active Layer-1 DeFi platforms.

* The HYPE chart confirms that this uptrend has been driven not only by market speculation but also by robust on-chain activity.

* The current Hype Coin price surge comes with clear support from both retail and institutional players, as evidenced by sustained volume and open interest growth.

HYPE/USDT Technical Analysis: Momentum Builds, But Overbought Caution Remains

On the HYPE/USDT daily chart, the price has surged over 350% since bottoming near $9.29 in early April, forming a steep parabolic curve. This aggressive rally indicates strong market conviction, but also introduces the risk of abrupt reversals if momentum weakens.

The Relative Strength Index (RSI) stands at 73.51, placing $HYPE in the overbought zone. While this confirms bullish dominance, it also suggests the token may be nearing short-term exhaustion.

The MACD shows a positive crossover above the zero line, reinforcing bullish sentiment. However, the flattening histogram indicates that momentum is beginning to level off.

The BBTrend momentum indicator remains elevated, signaling continued trend strength. Still, prolonged high readings often precede volatility spikes or retracements, especially in assets with recent parabolic moves.

In short, while the hype coin price action remains bullish and well-supported above $38, traders should be cautious. A breakout above $44.50 would confirm trend continuation toward $50. But if price dips below $38, a deeper pullback toward $34–$36 is likely as the parabolic structure gets tested.

Whale Activity & Hyperliquid Token On-Chain Strength

Significant whale activity continues to back the HYPE price (According to LookonChain):

* One whale just transferred 1,000,000 HYPE from Hyperliquid to another wallet. The HYPE is now worth about $42 million.

* Another whale bought 500,000 HYPE for $19,919,278 at an average price of $39.84. The HYPE has increased in price by 10% since then.

* A third whale deposited 1,000,000 HYPE into Hyperliquid at a price of around $36.

These on-chain moves show that capital is flowing into Hyperliquid crypto not as a short-term bet but as a strategic position. Rising open interest on HYPE futures, which now totals $1.89B, supports this bullish interpretation.

What this implies: These metrics validate that Hyperliquid crypto is not just experiencing a price rally, it is establishing itself as a dominant DeFi infrastructure layer with robust user engagement, strong on-chain demand, and clear institutional interest.

HYPE Coin Price Prediction

The HYPE chart reflects strength, but traders should be alert to changes in whale behavior. As long as the hyperliquid price holds above $38, momentum remains with the bulls. A breakout beyond $44.5 would likely trigger the next leg toward $50.

However, if profit-taking accelerates or market sentiment shifts, $HYPE could correct down to $26.89 — a key support area. In either case, traders should manage entries carefully.output: Key Takeaways:

- Hyperliquid token (HYPE) has broken above $42 for the fourth time in 2025, entering price discovery once again. The latest breakout reflects consistent investor interest, indicated by the token's return to this level despite prior rejections.

- With strong market cap growth and user engagement, Hyperliquid crypto is establishing itself as one of the most active Layer-1 DeFi platforms, especially compared to newcomers like Dora Chain and Open Network.

- The HYPE chart confirms that this uptrend has been driven not only by market speculation but also by robust on-chain activity, with traders integrating technical analysis and on-chain data for a comprehensive perspective.

- The current Hype Coin price surge comes with clear support from both retail and institutional players, evidenced by sustained volume and open interest growth, which is now approaching the $2 billion mark.

HYPE/USDT Technical Analysis: Momentum Builds, But Overbought Caution Remains

On the HYPE/USDT daily chart, the price has surged over 350% since bottoming near $9.29 in early April, forming a steep parabolic curve. This aggressive rally indicates strong market conviction, but also introduces the risk of abrupt reversals if momentum weakens.

The Relative Strength Index (RSI) stands at 7