The price of media threshing, the native token of hyperliquid, climbed to a new summit of $ 37.44 according to CoinmarketCap data.
This step reflects a continuous increase that started in early April, the 285% climbing token compared to its $ 9 local bottom.
Since then, media threshing has quickly gained ground in the decentralized finance sector (DEFI), fueled by the increase in user activity, increased open interest and the growing confidence of investors.
In particular, hype market capitalization is now about $ 11.93 billion, placing it as the 14th largest cryptographic asset by market value.
The momentum is strengthened when the metrics of the network soar
Copy the link to the section
The hyperliquid has experienced a sharp increase in the volume of exchanges, which contributed to the momentum of the bullish prices of its native token.
According to DEFI LLAMA, the platform has treated more than $ 60 billion in trades in the last seven days, exceeding the main competitors DEFI like Pancakeswap and Uniswap.
This explosive activity also increased platform costs, which reached a record of $ 17 million over the same period.
These growing costs reflect the high commitment of merchants and the increased use of the decentralized perpetual decentralized platform of hyperliquid.
While negotiation volumes continue to rise, the total locked value (TVL) on the network increased to nearly $ 441 million, demonstrating stronger capital retention and more in -depth market liquidity.
The increase in TVL and commercial activity signals an ecosystem of maturation with an increasing participation of investors.
The derivatives report optimistic prosecution
Copy the link to the section
Recent data on the dashboard of hyperliquid derivatives reveal a jump of 60.58% of the daily negotiation volume at $ 1.84 billion.
Simultaneously, the open interests of hype climbed 8.12% to $ 1.27 billion, which suggests that traders position themselves for more increase.
These figures are reinforced by the tracker of hyperliquid whales, which shows a balanced positioning among the main actors.
With 3.47 billion dollars in long positions and $ 3.54 billion in shorts, the long-term platform market remains very active and closely disputed.
Despite the parity almost in positioning, long traders currently benefit from a net profit of 198.13 million dollars, while short films underwent a combined loss of $ 175.57 million.
This dynamic indicates bullish domination over recent negotiation sessions, especially since the main whale accounts continue to accumulate long exposure.
Technical models support the upward trend
Copy the link to the section
Technical analysis reveals an escape from cup and sleeve on the daily graphic of media threw, signaling a classic optimistic continuation model.
Given the depth of 81.36% of the cup, the planned escape target is estimated at more than $ 51.74, although traders initially envisaged psychological resistance at $ 40.
This technical configuration aligns on the current macro backdrop, where the new bitcoin summit of more than $ 111,000 sparked a broader enthusiasm of Altcoin.
While capital moves to high-performance platforms and hyperliquids, tokens with fundamental solids lead the charge.
Regulatory developments strengthen investor confidence
Copy the link to the section
The rise in hyperliquid is not only technical, it also stems from strategic movements on the regulatory front.
The project was engaged directly with the Commodity Futures US Commission Futures Commission (CFTC), subjecting detailed letters of comments on perpetual derivatives and 24/7 cryptographic trading practices.
In these communications, hyperliquids underlined its commitment to transparency, decentralized infrastructure and chain audit.
This proactive approach to regulation has strengthened confidence among institutional investors and marked the preparation of the platform to operate in clearer components.
The prospects remain strong for the threshing media bulls
Copy the link to the section
With an increasing dynamic through the volume, user engagement and regulatory alignment, media bulls are now firmly turned to $ 40.
As long as the market conditions remain favorable and the fundamentals of the network continue to improve, the way towards higher price objectives seems more and more viable.
