Hyperliquid BLP Leak: Why $HYPE Price Surge 7% Overnight Reason?

Hyperliquid Crypto News: BLP Testnet Rumor Sends $HYPE Price Surge 7%

The crypto world is buzzing, and all eyes are on the $HYPE token. The $HYPE price surge around 7% in just 24 hours is getting all the attention today, and it all started with a simple leak. 

A respected crypto voice, MLM posted on X about a mysterious new feature called Hyperliquid BLP Testnet (BorrowLendingProtocol) being tested on Hypercore. This rumor alone sent the price rocketing.

Secret Weapon: Hyperliquid New Feature Sparks Frenzy

What exactly is this BLP? From what people can see, it introduces borrowing, lending, and withdrawal of money right inside the Hypercore Hyperliquid platform. Think of it as adding a bank to the world’s fastest crypto trading floor. Right now, it only supports USDC and PURR tokens on the experimental market.

Why is this a big deal?

Speculators believe this is the platform's secret plan to let people trade with multi-margin (using many different coins as collateral). This is a huge, game-changing step toward making the asset a full-stack DeFi trading machine. 

Even without official confirmation, this latest Hyperliquid crypto news rumor was enough to send the asset  flying from $38 to $41, a massive 7% jump in just one day.

Why Is Hyperliquid Going Up Today? Whale Power & Buybacks

The rally isn't just hot air. On-chain data shows powerful, real money is moving. Here are some of the major $HYPE price surge reasons:

• Whale Accumulation: One massive investor threw 14 million USDC into the platform, grabbing over 210,000 of these tokens.

• Buyback Bonanza: The team also executed another $HYPE token buyback worth $2.8 million yesterday. This action reduces the available supply, which naturally pushes the price higher.

• Market Muscle: It already dominates the world of decentralized perpetual exchanges (Perp DEXs). As per Rand latest chart, In October, it recorded a jaw-dropping $303 billion in trading volume. This unmatched market muscle proves that $HYPE price surge is more than just buzz.

Technical Breakdown: Calm Before the Next Storm

The $HYPE price surge created a chart pattern that suggests it’s resting before the next move.

• The Reset: The RSI is now at 46.99. It cooled down from a high of 70—a perfect healthy reset after a big pump, indicating things are balanced.

• The Bullish Hint: The MACD lines are starting to cross upwards near the zero line. This is a subtle hint at a bullish reversal if the price can confidently clear $42 with strong buying volume.

Key Price Zones:

• Immediate Support: $40.00

• Major Breakout Resistance: $42.5–$45.00

A clear move above $42.5 could restart the momentum and send the $HYPE price surge toward $46–$48. Losing $40 could mean a brief trip back to $37–$38.

Hyperliquid Price Prediction : Heading to $90?

The current latest hyperliquid news suggests big things are ahead:

• Short Term: The asset is in a neutral to slightly bullish range of $40–$44. Traders are watching for a clear breakout signal.

• Mid Term: If it breaks above $42.5, expect a bull run momentum restart targeting $45 – $50.

• Long Term (2026): As per my belief being a crypto crypto analyst, if the BLP feature goes live and the ecosystem grows, the trading volume could send the price to a range of $70 – $90, nearing the triple-digit $100 mark.

In conclusion, the hyperliquid new feature leak has definitely reignited strong bullish feelings. With whale confidence, record market dominance, and aggressive buybacks, the foundation for sustained $HYPE price surge is solid.