Why This Crypto Could Rally 80% in 2026

TLDR

• Hyperliquid price gained 15% in the past week while Bitcoin dropped 19.8% and Ethereum fell 23% in the same period
• HYPE now trades at $33.23 after launching at $3 in November 2024 and reaching a high of $59 in September 2025
• Ripple Prime integrated Hyperliquid, giving institutional clients access to onchain derivatives liquidity
• Hyperliquid captured 35% of perpetual DEX trading volumes, reaching $24.7 billion on February 5, 2026
• Platform confirmed support for HIP-4, allowing third-party builders to deploy outcome markets

Hyperliquid price demonstrated strength this week with a 15% gain. This happened while most major cryptocurrencies declined.

The HYPE token currently trades at $33.23. Over the past 24 hours, the price dropped 4.2%.

Despite the daily dip, weekly performance remained strong. The monthly chart shows an even better picture with a 21.3% increase.

Bitcoin fell 19.8% over the past week. Ethereum declined by 23% during the same timeframe.

Other major cryptocurrencies followed similar downward patterns. Binance Coin, Solana, Cardano, and Dogecoin all posted losses.

Daily trading volume for HYPE jumped 61% to reach $1.32 billion. Higher volume typically indicates growing investor interest.

The platform launched at $3 per token in November 2024. By September 2025, it had climbed to $59.

Platform Expansion Drives Interest

Hyperliquid recently expanded into onchain prediction markets. HyperCore confirmed support for HIP-4 this week.

The new feature permits third-party builders to deploy outcome markets. These contracts combine prediction market elements with financial derivatives.

The outcome contracts offer binary results. Traders can bet yes or no on specific future events.

Some analysts suggest these products could attract users from platforms like Kalshi and Polymarket. If adoption grows, trading volumes may increase further.

Ripple announced support for Hyperliquid this week. The integration brings HYPE to the Ripple Prime brokerage platform.

Institutional clients can now access onchain derivatives liquidity through this partnership. They also gain exposure to cross-margining decentralized finance.

Ripple Prime clients benefit from consolidated margins and centralized risk management. The integration bridges traditional finance with decentralized finance.

Trading Volume Dominance

Hyperliquid dominated perpetual DEX trading volumes on February 5, 2026. Total perpetual DEX volumes hit $70 billion that day.

This marked the second-highest volume ever recorded. The spike came during the recent Bitcoin price crash.

Hyperliquid captured 35% of total trading volume. In dollar terms, the platform logged $24.7 billion.

Aster registered $10.0 billion in volume. EdgeX logged $8.7 billion, while Lighter recorded $7.5 billion.

The platform operates as a high-performance Layer 1 blockchain. It delivers extremely low latency and sub-second finality.

These technical features enable better execution for high-frequency trades. Professional and institutional traders have taken notice.

The protocol uses fee-driven tokenomics. This structure makes it attractive for leveraged trading.

Market observers point to increased institutional hedging rather than retail panic. The high volumes suggest sophisticated trading activity.

Hyperliquid has become one of the top decentralized exchanges for crypto perpetual futures. These products allow traders to bet on future cryptocurrency prices with no expiration date and maximum leverage.

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