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Coinwy > Blog > Market > HYPE Token Recovery Sparks Potential Rally to $40
Market

HYPE Token Recovery Sparks Potential Rally to $40

Thiago Alvarez
Last updated: June 23, 2025 11:21 am
Thiago Alvarez
Published: June 23, 2025
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Key Points:

  • HYPE token surpasses $35 amid market recovery.
  • Speculation on further rally to $40.
  • No leadership confirmation of predictions yet.

Main Content

Hyperliquid’s HYPE token, trading at $26.57 on June 23, 2025, surged above $35 and could rally to $40 if the market continues its uptrend.

HYPE’s potential increase to $40 signals promising market momentum, affecting market traders and investor sentiment.

The native token of Hyperliquid, HYPE has benefited from a strong market recovery, reaching a price above $35. With the current momentum, analysts suggest a potential rally towards $40 if economic conditions remain positive. Market projections are partially driven by improvements in decentralized trading and increased user adoption, as indicated by current usage and ecosystem growth.

“Possible rally to $40 cited with positive market action” based on April’s market trends.

Despite the anticipated rally, there are no official statements from Hyperliquid leadership regarding detailed forecasts or plans supporting this price target. Investors remain observant of market trends rather than company announcements.

HYPE’s price increase hints at an inflow of capital into decentralized trading platforms, possibly drawing traders away from traditional exchanges like AsterDex. The impact on active trading and market liquidity is being closely monitored.

Historical trends show similar scenarios with governance tokens witnessing surges. The broader implications include potential reshuffling in the DeFi space, as more participants may join decentralized platforms.

Continued market strength could also influence liquidation strategies and trading behaviors across related cryptocurrencies.

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