FxWirePro- Major Crypto levels and bias summary 
Solana's $300 Target: Growing ETF Interest and Stablecoin Surge Fuel Optimism 
Gold Prices Steady Amid Geopolitical Tensions and Market Watchfulness 
Gold's Fortitude Tested: Economic Signals and USD Strength Shape Market Outlook 
XRP Update: Whale Activity, Price Fluctuations, and Market Strategies 
Gold's Resilience: A Safe Haven Amidst Geopolitical Tensions 
Dogs and cats get diabetes too. Here’s what to look out for and how to manage it 
MANTRA Blockchain: Pioneering Real-World Asset Integration and Bullish Momentum 
Gold's Resilience Tested: Tariff Fears and Economic Signals Shape Market Strategy 
Injective Protocol: Unleashing the Future of Decentralized Finance with ETP Launches and AI Innovation 
FxWirePro- Major Crypto levels and bias summary 
Introduction to Staking Feature
HyperLiquid has launched a new staking feature for HYPE token holders, allowing them to stake their tokens to help secure the network and earn rewards. The announcement on December 30, 2024, noted that over $300 million in HYPE tokens were staked, valued at about $8.4 billion. Users can pick from 16 validators based on their reliability and fees. While stakers earn rewards, tokens under vesting schedules can only access their rewards after the vesting period ends. Since its launch in late November, the HYPE token's value has surged from $3.50 to around $27.89, indicating strong investor interest. HyperLiquid also engaged its community by distributing 310 million HYPE tokens instead of prioritizing large investors. Overall, this staking feature represents a significant advancement for HyperLiquid in the decentralized finance space.
Surge in Whale Activity
In the last week, HyperLiquid has witnessed a huge surge in activity from whale investors, especially after price changes and the launch of native staking. Following a slight price drop, three whales placed an investment sum of approximately $8 million into HYPE tokens, which pushed up the price of the token about 10% on January 2, 2025. One whale shelled out roughly 3.96 million USDC to acquire 151,277 HYPE tokens for roughly $26.19 each; another invested nearly 2.6 million USDC for 99,546 tokens at approximately $26.14. A third whale used about $911,000 to buy 37,017 tokens for about $24.60 each. These activities have helped HyperLiquid become the 20th largest cryptocurrency asset, reflecting strong confidence from investors. The increase in whale activity is likely to lead to greater price stability and interest in HyperLiquid as it grows.
Market Overview and Price Movement
The HYPEUSD pair has shown a minor pullback of over 20% following a significant sell-off. It hit a high of $35.17 and is currently trading around $26.03, holding above key moving averages on the 4-hour chart.
Key Resistance and Support Levels
The near-term resistance level is identified at $30, and a breach above this could push the price to $35, $42, or even $50. On the downside, immediate support is at $21, with potential targets lower at $19 and $16 if violated.
Technical Indicators
