Hyperliquid Defies Market Rout After Ripple Tie-up, Despite Waning Sentiment

While major cryptocurrencies have declined over the past two weeks, Hyperliquid's price has posted a defiant double-digit rally over the same period, a divergence analysts attribute to its fundamental utility and reduced token supply pressure rather than speculative hype. HYPE’s performance follows two key developments for Hyperliquid: a major institutional partnership and a drastic reduction in its monthly token supply unlock. Hyperliquid’s HYPE token is up 41.5% over the past two weeks. It surged over ...