The post The Feature Driving HYPE’s Double-Digit Surge appeared on BitcoinEthereumNews.com. Home » Crypto Bits HYPE reclaims key level after 23% rally, tradingThe post The Feature Driving HYPE’s Double-Digit Surge appeared on BitcoinEthereumNews.com. Home » Crypto Bits HYPE reclaims key level after 23% rally, trading

The Feature Driving HYPE’s Double-Digit Surge

Home » Crypto Bits


HYPE reclaims key level after 23% rally, trading at $28 as HIP-3 open interest hits $790M and whales remove supply from exchanges.

‘;
}
function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);
const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);
scriptEl.src = scriptURL.toString();
// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}
function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}
// Initial Load for Desktop
if (window.innerWidth > 768) {
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}
// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}
// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’Listen‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();


Summarize with AI


Summarize with AI

Hyperliquid’s token HYPE has surged 23% over the past 24 hours, pushing the price action into a zone that could decide the next trend. The move follows growing interest in HIP-3 activity and a sharp rise in trading volume and open interest.

Price Reclaims, Interest Builds

After weeks of choppy price action, HYPE swept below its October 10th lows, a level that had previously acted as support. The asset has since reclaimed that zone and is now trading above it, hovering around $28 at press time. The area between $25 and $26 is being watched as a key reclaim zone.

According to Crypto Bully, this area sets up an “over and under” pattern. The price moved below the level, then quickly recovered it. Holding above this zone could confirm a reversal setup. If it fails to hold, the broader downtrend may resume.

Meanwhile, recent growth in HYPE’s ecosystem is tied to HIP-3, a feature launched in October 2025. It allows developers to deploy their own perpetual futures markets using Hyperliquid’s core infrastructure.

Open interest tied to HIP-3 reached $790 million, according to data shared by Hyperliquid. That figure stood at $260 million just one month ago. The rise has tracked with broader interest in commodity-linked markets, which are now tradable on the platform. Market cap for HYPE stands at $6.6 billion, with a circulating supply of 240 million tokens.

Indicators Support Upward Momentum

Technical signals point to a possible trend shift. RSI on the daily chart is at 59. This shows increasing strength but remains below overbought levels.

You may also like:

MACD has flipped positive, with the MACD line crossing above the signal line. The histogram has turned green. These signals are often watched for early signs of directional change. The move also aligns with a break above recent consolidation.

HYPE Price Chart 1.27. Source: TradingView

In addition, on-chain activity shows a recent $10.32 million OTC transfer involving 465,000 HYPE. The transaction, which moved tokens from Galaxy Digital, took place while buyers defended the $22–$23 zone.

Exchange data from Coinglass shows a 166% increase in volume and a 29% jump in open interest, with total volume at $2.43 billion. Whales continue to remove supply from public markets, reducing immediate selling pressure.

SPECIAL OFFER (Exclusive)

SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Source: https://cryptopotato.com/hip-3-explosion-the-feature-driving-hypes-double-digit-surge/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Relax, Core v30 Won’t Kill Bitcoin

Relax, Core v30 Won’t Kill Bitcoin

The post Relax, Core v30 Won’t Kill Bitcoin appeared on BitcoinEthereumNews.com. Key Takeaways The rhetoric on Crypto Twitter has been heating up between Core and Knots in the OP_RETURN saga, as Bitcoin news takes on a new route. Despite some back and forth, Blockstream CEO Adam Back declared he would run Bitcoin Core v30 Despite believing the upgrade will open the network to more spam, Bitcoin OG Jimmy Song reminds people panicking that Core v30 won’t kill Bitcoin In case you missed it, the Bitcoin community is in full battle mode over Bitcoin Core v30 and the so-called OP_RETURN drama. Just mention “Core v30” in a crowded Discord and watch the fireworks. On one side, you’ve got the Bitcoin Knots faithful grabbing pitchforks and talking about the soul of the network; on the other, the Core devs, who take a more laissez-faire approach. Bitcoin News: What’s Actually Happening in Core vs Knots At the heart of the storm? Bitcoin Core’s decision to vastly expand the OP_RETURN data limit in Bitcoin Core v30. For years, Bitcoin’s OP_RETURN opcode, a line of script that lets users immutably store tiny amounts of data on the blockchain, was capped at 80 bytes. With Core v30, that ceiling is yanked off, allowing payloads up to the full block size (nearly 4MB). Proponents see big wins here: more flexibility for on-chain applications, support for digital notarization, and enhanced Layer 2 infrastructure. Critics, especially in the Knots camp, warn that this opens the door to chain bloat, endless spam, and a deviation from Bitcoin’s monetary roots. Knots developers, most notably Luke Dashjr and Samson Mow, argue that without limits, Bitcoin risks becoming a dumping ground for arbitrary data. A fate that would make running a node costly and possibly restrict network participation to large players. Since the Core update was finalized, Knots’ market share of full nodes has…
Share
BitcoinEthereumNews2025/09/24 14:15
United States Building Permits Change dipped from previous -2.8% to -3.7% in August

United States Building Permits Change dipped from previous -2.8% to -3.7% in August

The post United States Building Permits Change dipped from previous -2.8% to -3.7% in August appeared on BitcoinEthereumNews.com. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet. FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. The author and FXStreet are not registered investment advisors and nothing in this article is intended…
Share
BitcoinEthereumNews2025/09/18 02:20
Pi Network Tech Upgrade Unlocks Mainnet Migration for 2.5 Million Users and Introduces Palm Print Security

Pi Network Tech Upgrade Unlocks Mainnet Migration for 2.5 Million Users and Introduces Palm Print Security

Pi Network has announced a major technological breakthrough that marks a new chapter in its evolution. According to information shared by Twitter user @strong3
Share
Hokanews2026/02/07 12:28