Binance founder Changpeng Zhao has defended President Trump's push to bring HyperliquidX into the United States legally. On X, he argued that the White House's stance on pushing for HyperliquidX would not only benefit the platform but could also have positive implications for the broader crypto industry.
HYPE jumps over 20% to flip DOGE, putting its rally and utility-driven narrative to the test.
HYPE is up over 17% over the past 24 hours, rising from around $58 to a high of $72. This comes immediately after President Trump stated that the Commodity Futures Trading Commission is working to bring the decentralized exchange into the United States.
President Donald Trump in his recent White House Meeting with crypto Industry leaders put Hyperliquid in the spotlight after saying CFTC Chair Michael Selig is working to bring the platform to the U.S. legally and with full compliance. Hyperliquid currently blocks U.S. users.
Trump said CFTC Chair Michael Selig is working to bring Hyperliquid to the U.S.; HYPE jumped 21.58% to $71.35. A May 18 CFTC filing shows self‑certified HYPE futures.
The native cryptocurrency of Hyperliquid, known as HYPE, experienced a dramatic rally exceeding 19% on Wednesday following President Donald Trump's revelation that the Commodity Futures Trading Commission is facilitating the platform's regulated entry into U.S. markets.
While Bitcoin grabs the headlines, Hyperliquid posts the biggest daily jump among top-100 coins. The trigger is a letter to the SEC: Hyperliquid's policy arm wants pre-IPO futures regulated, and it brings remarkable data to the table.
Donald Trump mentions a legal entry of Hyperliquid into the United States. The HYPE crypto jumps 19%.
The surge in these cryptocurrencies highlights growing investor confidence and could signal a bullish trend, impacting broader market dynamics. Hyperliquid, Ethereum, Solana surge over 20% in 24 hours.
HYPE ripped from $57.96 to $72.16 in a single day. The chart shows one level standing between it and a new record.
Hyperliquid's native token, HYPE, approached its all-time highs following a rally that pushed it close to $71. The token's price was boosted by statements made by U.S.
President Trump said CFTC Chair Mike Selig is working to bring Hyperliquid into the U.S. in a “fully compliant and legal fashion."