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Hyperliquid’s HYPE Token Surges to New All-Time High as Ecosystem Momentum Accelerates

idcrypt - Hyperliquid’s native token, HYPE, has captured market attention after reaching a new all-time high of $44.69 on June 16, 2025. This breakout surpassed the previous record of $43.96 set just a week earlier, signaling strong bullish momentum. With its market capitalization rising to $14.8 million and daily trading volume increasing by 25%, HYPE has become one of the most talked-about tokens in the decentralized finance (DeFi) space. Behind the price rally lies explosive growth in Hyperliquid’s Layer-1 ecosystem. In the last 30 days alone, total value locked (TVL) surged to $2.53 billion, an increase of over 80%, reflecting heightened user participation and investor confidence. Hyperliquid’s stablecoin supply also expanded significantly, rising from $2 billion in January 2025 to $3.73 billion in mid-June. This growth has strengthened the network’s liquidity and transactional efficiency, solidifying its infrastructure as a critical pillar in DeFi. Hyperliquid’s perpetual exchan...

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