Explosive Growth and Innovative Features
Hyperliquid experienced massive growth and development in 2025 with the introduction of HyperEVM, which added Ethereum Virtual Machine compatibility and diversified its DeFi functionality. Analysts project Hyperliquid may dominate fee generation because it incorporates spot and derivatives trading in one with extendable block space. Its Layer-1 blockchain processes 100,000 transactions per second with sub-second finality, handling more than $1 trillion in trading volume by Q1 2025. Effectively addressing security issues, Hyperliquid sustains market trust while providing a complete ecosystem for different crypto players. Ready to disrupt centralized exchanges, Hyperliquid offers high liquidity, and sophisticated trading features, and draws institutional attention, with a possible stablecoin addition to enhance adoption.
HYPE Token: High Liquidity and Strong Market Activity
Hyperliquid's native cryptocurrency, HYPE, exhibited strong trading volume in April 2025, with intraday trading volumes ranging from tens of millions to well over a hundred million dollars and futures trading volumes up into billions. This huge liquidity and interest in the market indicate stronger platform activity and more confident users, with only some fluctuations of reported amounts depending on sources and dates.
Market Overview and Price Movement
The HYPEUSD pair has shown a major pullback of more than 80% following a significant sell-off. It hit a high of $16.80 and is currently trading around $15.97 holding above key moving averages on the 4-hour chart.
Key Resistance and Support Levels
The near-term resistance level is identified at $17, and a breach above this could push the price to $21.50/$26/$30. On the downside, immediate support is at $14.50, with potential targets lower at $13/$11.95/$10.70/$9.
Technical Indicators
Current indicators show the CCI (50) as bullish and the Directional Movement Index as bullish. It is recommended to buy on dips around $14, with a stop-loss set at $9 and a target price of $30.