Hyperliquid has been gathering immense attention in recent times as the price has been rising, regardless of the Bitcoin price variation. Since the rebound in the first few days of the month, the HYPE price has been consistently rising, forming consecutive higher highs and lows.
Hyperliquid is setting itself apart from the market. HYPE has risen sharply, gaining about 10% in just two days and regaining the $44-$45 range with significant momentum, while the majority of altcoins continue to be slow or range-bound.
Hyperliquid's HYPE is drawing bullish attention as strong fee revenue, user growth and on-chain trading demand make the token look undervalued.
Renewed optimism in the Hyperliquid ecosystem is evident, driven by massive whale accumulation and regulatory progress in the United States. This momentum responds to the growing adoption of the decentralized perpetual exchange (DEX) protocol and its ability to generate record fees.
Hyperliquid is trading at $43.60 on April 13, up 2.76% on the 4H session, after printing a high of $46.22 that marks the upper boundary of an ascending channel built from the December 2025 lows near $22.
Bullish sentiment towards Hyperliquid is again on the rise, with crypto whales accumulating the perp DEX token. The first HYPE ETF in the U.S. could launch soon, which is also contributing to this bullish sentiment.
Hyperliquid price has rallied over 12% in the past seven days, supported by high-profile institutional filings and a surge in commodities trading on the platform. According to data from crypto.news, Hyperliquid (HYPE) price was trading at $41.
Bitwise Asset Management has recently taken another step forward in its effort to bring a spot exchange-traded fund tied to Hyperliquid's native HYPE token to market.
Real-world asset tokenization is taking off in popularity, with crypto traders now embracing tokenized oil futures. Hyperliquid, a decentralized cryptocurrency exchange, has emerged as one of the biggest beneficiaries of this trend.
Whale conviction is holding the move, but without broader demand, momentum risks stalling under growing leverage pressure.
Oil-linked perpetual futures on Hyperliquid climbed on Sunday after U.S. Vice President JD Vance left Islamabad without a nuclear agreement with Iran, reigniting fears of renewed conflict in the Middle East. Key Takeaways: VP JD Vance concluded 21-plus hours of U.S.-Iran talks in Islamabad on April 12, 2026, without a deal.
Oil prices spiked on the Hyperliquid platform after President Donald Trump ordered a naval blockade of the Strait of Hormuz