Many traders are curiously asking this question now, especially when hype coin news has become more active after the latest Hyperliquid price surge amid crypto market crash.
The project seems to be in the spotlight as the token is up today by 6% in the last 24 hours.
With fresh funding, whale interest, and improving technical signals, it is suddenly appealing once again into the trader's radar. Whether this is a recovery that could last is a question.
Confidence also got a boost from a huge funding surge on November 15: A whopping $22B flowed into crypto startups, led by Robinhood Ventures and Peter Thiel's Founders Fund. Two projects related to Hyperliquid Lighter and Seismic got major investments.
Lighter is a decentralized perpetuals platform that's already in profit and represents very strong proof of how well Hyperliquid's Layer 2 technology performs in real markets. Seismic focuses on privacy tools and has early traction as well.
This level of institutional support is one reason hype coin news continues to highlight HYPE as a token with long-term growth potential.
It closed the day at $38.78, up 5.96%, within the range of $37.33 - $38.83.
The RSI bounced from 35.21 to around 41–45, indicating the easing of selling pressure. Whale wallets like 0xMojojo also accumulated around $35–$36, giving the token a strong support base.

Source: CMC
Yet, it still has to break significant resistance levels:
7-day SMA: $39.51
30-day SMA: $40.75
A clear move above $40.75 will confirm a stronger trend reversal.
On November 12, BTX Capital executed a $25M wash trade on Hyperliquid's POPCAT token, which subsequently led to almost $5M in liquidations. The firm has since deleted their social media accounts after the incident went public on November 15.

Source: X (formerly Twitter)
Though the event was a cause for fear initially, Hyperliquid handled it very quickly and transparently. Deposits and withdrawals were restored, and along the way, the team kept users informed. In fact, this response actually improved trust, as many hype coin news updates noted.
With improving RSI and whale buying, It shows early signs of recovery.
If it breaks above $40.75: It might reach up to $42 in the next 1-2 weeks. If the volume increases, $45 can be tested.
If it fails to break resistance: It is possible to pull back to $36–$35. A larger drop might retest $30.
Most likely scenario: An upward move that is slow and supported by funding news and whale support- provided HYPE sticks above $39.5.
In his interview on October 14, 2025 at Token2049 Singapore, Jeff shared that DeFi should never become a closed "conglomerate." Instead, he explained, true DeFi should work like Lego bricks: open, free, easy to connect, and with the ability for anyone to build on top without restrictions.
This has become one of the major subjects discussed in hype coin news. Many users feel DeFi has been drifting toward centralization. He also said that Hyperliquid is committed to this direction via tools such as HyperEVM, which enables private and secure on-chain routing for institutions.
This rebound results from a combination of stronger chart signals, huge institutional support, and confident problem management by the Hyperliquid team. For now, hype coin news will continue to watch whether the token can break its resistance and confirm the steady recovery trend.
Disclaimer: This article is for informational purposes only and not a financial advaice, kindly do your own research before investing in crypto market.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.