Hyperliquid recently gained attention after launching its HIP-3 network upgrade. This is an important step for the platform and its $HYPE token. The change brings new features that could affect how the token is used.
Investors and analysts are watching closely as the price of token changes. The HIP-3 upgrade allows anyone to create decentralized perpetual futures markets on HyperCore. Developers must stake 500,000 $HYPE tokens to start new markets, increasing the token’s practical use.
The upgrade also works with HyperEVM to support smart contracts and on-chain governance. It adds safety features such as validator penalties and limits on trading positions.
The HIP-3 upgrade went live on October 13, 2025. It lets developers create their own decentralized futures trading platforms. This change removes the need for central approval. It also allows trading in cryptocurrencies as well as stocks, commodities, and prediction markets.

The network shows strong growth and adoption. Hyperliquid processes 523,000 transactions every day and has 26,900 active addresses. It is also close to reaching one million unique addresses.
The upgrade was completed smoothly, showing that the platform is stable and reliable. After the update, the token rose 13.4%in one day to about $42. Its market value increased to around $14.1 billion. This rise shows strong trust in the token’s future. It also reflects growing interest in the Hyperliquid platform.
$HYPE is trading around $40 after moving past the $39 level. This breakout happened with high trading volume. It could lead to the rally continuing upward. Traders are watching the $35.70 level as important support.
Hyperliquid has broken above the $39 level after forming an inverse head and shoulders pattern. The price jumped strongly, showing clear buying interest. This pattern indicates the market may start moving upward. Traders see this as a sign of potential gains for $HYPE.

On-chain data shows positive signs for the coin. Around $502,000 worth of tokens leave exchanges in 24 hours. Levels at $36.85 and $39.10 may create buying pressure. This can lead to further upward movement in the price.
In the near term, the price may find a base between $33 and $35. It could face selling pressure around $45. Moving past $45 might lead to higher prices. Traders are keeping an eye on these key levels.
By the end of October, $HYPE may trade between $45 and $50. This depends on market trends and the use of Hyperliquid’s futures exchange. MetaMask integration could support its growth. Higher trading activity may help keep the price in this range.
By the end of 2025, predictions for $HYPE vary among analysts. Some estimate a conservative price around $33. Others project a peak near $124, showing an optimistic view. These differences reflect the overall volatility in the crypto market.
The HIP-3 upgrade is an important driver, allowing permissionless perpetual markets and increasing its usefulness. High network activity and positive technical signs suggest good mid- and long-term growth.
Hyperliquid’s HIP-3 upgrade has pushed $HYPE into a new phase of growth. On-chain activity is increasing, and trading patterns are showing stronger trends. Investors are watching support between $35 and $39 while keeping an eye on trading activity. Overall, the token is likely to see wider adoption and growth. The token may reach new highs in the coming months.
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