Hyperliquid just posted some big numbers. Open interest on the platform climbed back above $8 billion, topping last year's peak, and 24-hour trading volume surpassed $1.05 billion, according to widely shared posts.
HYPE itself is trading at $90.878, down 1.39% today after pulling back from a recent high. This Hyperliquid Price Prediction looks at what all that activity means for price and the levels that matter next.
Market data checked on September 20, 2026.
Metric | Value |
Price | $90.878 |
24h Change | -1.39% |
Daily Range | $89.652 – $92.417 |
A post from Crypto Banter claims Hyperliquid's open interest, the total value of active positions on the platform, climbed back above $8 billion, surpassing last year's peak.
More open interest generally means more trading activity and fee revenue, which the post frames as added fuel for HYPE buybacks.
Source: Data From X
This is a social media report on platform data, and CoinGabbar could not independently verify the exact figure.
Hyperliquid surpassed $1.05 billion in 24-hour trading volume. 
This is also a social media report, and CoinGabbar could not independently verify the precise number, though it lines up with the platform's broader activity spike.
HYPE recently ran up to a high near $94.364, right at the 1.0 Fibonacci level of $94.394, used as the anchor for this extension, before pulling back to $90.878 on today's candle (open $92.154, high $92.417, low $89.652). 
RSI, a momentum indicator that measures how fast and how far price has moved, sits at 63.70, above the neutral 50 line but short of the 70 mark, usually read as overbought, so there's still some room to run if buyers step back in.
If HYPE reclaims $94.394 and keeps climbing, the chart's Fibonacci extension points to $106.265 first and $125.473 further out.
On the downside, the 0.618 retracement at $87.056 and the 0.5 level at $84.790 are the nearest support zones, with the EMA cluster at $76.381 to $83.129 as a deeper floor.
$87.056 is the first support to watch, followed by $84.790. Below that, the EMA zone near $76.381 to $83.129 marks a deeper floor.
$94.394 is the immediate resistance, the recent high. Clearing it opens the path toward $106.265 and further out, $125.473.
Scenario | Trigger | Likely Outcome | Invalidation |
Breakout continues | Hold above $87.056, reclaim $94.394 | Push toward $106.265 | Close below $84.790 |
Range hold | Consolidate $87–$94 | Base before next move | Break below $84.790 |
Breakdown | Close below $84.790 | Slide toward EMA support | Reclaim $87.056 |
Possible if HYPE reclaims $94.394 and the rally extends, based on the chart's Fibonacci projection. That's a multi-stage move, though; $106.265 would need to clear first before $125.473 becomes realistic.
According to CoinGabbar analysts, the open interest and volume numbers both point to genuine platform growth, and RSI still has room before looking stretched.
$94.394 is the level that matters most right now: reclaiming it would confirm buyers are back in control, while a deeper pullback toward $87.056 would suggest this is just a normal cooldown after a strong run.
This article is for informational purposes only and isn't financial advice. Crypto markets are volatile. Always do your own research before making any trading decisions involving HYPE.