HYPE Price Target Hits $50 as Hyperliquid Slashes Team Token

HYPE hyperliquid HYPE surges 55% in a week to an eight‑week high as rising trading volumes and open interest suggest growing demand, with forecasts pointing toward $50 if resistance breaks Journalist Hassan Shittu Journalist Hassan Shittu Part of the Team Since Jun 2023 About Author Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in... Has Also Written Brazil's Nubank Wins OCC Conditional Approval for U.S. National Bank – Crypto Custody Soon? Silver Is Trading Like a Shortage Story – Bitcoin Like a Macro Beta Trade Bitcoin ETFs Bleed $817M as BTC Crashes to 9-Month Low – Is the Worst Over? qLabs Fires First Shot in Quantum Crypto Race — Can Coinbase Catch Up? Vitalik Buterin Withdraws 16,384 ETH as Ethereum Foundation Enters ‘Austerity Phase’ — What For? Author Profile Share Copied Last updated: January 29, 2026 Hyperliquid’s HYPE token has returned to the center of market attention after the project sharply reduced its monthly team token unlocks, a move that renewed discussion around whether the token could revisit the $50 level seen during its previous peak. The team has presented the change in the unlock schedule as a way of dilution reduction and alleviation of the pressure on the supply at a point when competition in the perpetual futures market is still high. Information provided by the Hyperliquid team indicates that the February 2026 group of Hyperliquid was reduced to approximately 140,000 HYPE tokens, compared to approximately 1.2 million released in January, which constitutes nearly 90% of monthly team releases. Core contributors were allocated around 23.8% of HYPE’s 1 billion maximum supply, subject to a one-year cliff and a 24-month vesting period, with distributions now confirmed to take place on the 6th of each month. HYPE Rallies 55% in a Week as Hyperliquid Tightens Token Supply. The decision comes as Hyperliquid navigates softer decentralized exchange revenue and growing competition among perpetual DEX platforms. By slowing the pace of team unlocks, the project has reduced near-term sell pressure, a factor that market participants have closely watched since HYPE’s launch via a community airdrop in November 2024. More than 61% of the total supply remains locked, while the circulating supply currently stands at roughly 238 million tokens. HYPE was trading around $33.9 at the time of writing, up modestly on the day but posting a weekly gain of more than 55%. The token is still about 43% below its all-time high of $59.30, reached during a surge last year, with the market capitalization climbing to just over $8 billion. At the same time, overall protocol usage metrics have not shown a dramatic shift. The company announced this week that HIP-3 open interest (OI) hit a record $790 million, fueled by a recent surge in commodities trading. HIP-3 OI has been setting new weekly highs, up sharply from $260 million just a month ago. Additionally, the platform founder, Jeff Yan, said Bitcoin futures liquidity on Hyperliquid had surpassed Binance in certain order book comparisons. Hyperliquid has processed more than $25 billion in cumulative trading volume since launch, according to Flow Scan data, with the majority coming from futures markets built by third-party teams using the HIP-3... https://cryptonews.com/news/hyperliquid-cuts-unlocks-90-percent-hype-rally/ #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple