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HYPE eyes breakout toward $50 as Open Interest and TVL surge

The post HYPE eyes breakout toward $50 as Open Interest and TVL surge appeared on BitcoinEthereumNews.com. Hyperliquid (HYPE) traded above $44.00 on Wednesday, extending its rally for a sixth consecutive session as rising derivatives activity and growing platform usage strengthened bullish sentiment around the exchange token. The latest rally comes as investor confidence gradually returns to the broader crypto market, boosting both leverage expo…
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$HYPE records a rebound of 2.33% in 24 hours, reaching USD $43.51 with daily volume of USD $408 million, surpassing the monthly average.This movement aligns with a weekly rally of 10.66%, driven by increased derivative activity and chain adoption.The analysis reveals upward technical signals but warns of risks of correction to the proximity to ATH. *** $HYPE +2.33% in 24h to USD $43.51 Volume +48.61% vs 30 days average SMA-7 $41.56: price above …

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CryptoTicker broke the news on Tuesday, May 5, 2026.
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