$HYPE Slides as Ethereum Soars and Hyperliquid Hits $19B – Can It

Ethereum hyperliquid Hyperliquid traders fuel a $19B platform’s record volumes, yet $HYPE holders quietly cash out as Ethereum’s rally steals the spotlight. Journalist Hassan Shittu Journalist Hassan Shittu 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... Author Profile Share Copied Last updated: July 18, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews The native token of Hyperliquid, $HYPE, is trading lower even as its parent platform records historic growth and Ethereum continues its sharp rally. At the time of writing, HYPE is down 3.3% in the past 24 hours and 1.1% over the past seven days. It’s currently priced at $45.13, roughly 8.5% below its all-time high of $49.75, reached earlier this week. Trading volume remains elevated, hitting over $570 million in the last 24 hours, a 13.4% increase from the day before. Hyperliquid Hits Record Perps Volume as Ethereum’s Surge Overshadows $HYPE Token. Ethereum’s explosive rally is reshaping capital flows across the crypto market. Now trading at $3,609, ETH has surged 43% in the past 30 days and has broken above $3,280 for the first time since February, just 9.6% shy of its all-time high of $4,891 set in 2021. Source: ETH Daily ChartCryptonews This sharp climb appears to be pulling liquidity from... https://cryptonews.com/news/hype-slides-ethereum-soars-hyperliquid-hits-19b-can-it-rebound/ #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