Why is Hyperliquid's HYPE token price up 23% in a day?

Home » Why is Hyperliquid’s HYPE token price up 23% in a day?

Fresh U.S. ETF launches and Coinbase’s Hyperliquid deal helped fuel HYPE’s rally this week, but technicals warn of a possible pullback.

Bitcoin (BTC) $ 80,119.00

Ethereum (ETH) $ 2,247.59

Tether (USDT) $ 0.999706

BNB (BNB) $ 681.79

XRP (XRP) $ 1.46

Solana (SOL) $ 90.39

Dogecoin (DOGE) $ 0.113885

Chainlink (LINK) $ 10.23

Shiba Inu (SHIB) $ 0.000006

NEXO (NEXO) $ 0.910395

Enjin Coin (ENJ) $ 0.045366

Cardano (ADA) $ 0.264572

Why is Hyperliquid’s HYPE token price up 23% in a day?