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Hyperliquid price eyes $97 as HYPE holds above $80

Summary by crypto.news
Hyperliquid price rose to a record high above $83 after a sharp weekly rally, with strong momentum and positive capital flows supporting the move. However, an overbought daily reading and dense liquidation clusters on both sides of the market could…

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A new mechanism will finance additional HYPE purchases in the future, which is behind the price increase in hyperliquid. Source: BTC-ECHO BTC-ECHO

What to remember: The AQAv2 mechanism directs approximately 90% of the return on reserves in USDC to the purchase of HYPE. Validators approved it at 69.08 per cent, above the required threshold of 66.67 per cent. The first payment to the assistance fund is scheduled for 3 October. Hyperliquid activated on Wednesday 26 August AQAv2, a mechanism that directs approximately 90 per cent of the return generated by its $5 billion USDC reserve to the pu…

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crypto.news broke the news on Tuesday, August 25, 2026.
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