HYPE Surpasses $68.5 Amid Strong Bullish Sentiment, 36% Probability of Breaking $100 This Year

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Market sentiment has turned sharply bullish as HYPE surged past $68.5 on May 31, reaching a new all-time high. Prediction market Polymarket now assigns HYPE a 36% chance of surpassing $100 this year. Grayscale has called Hyperliquid a future financial giant and a model for 24/7 on-chain trading. BitMEX co-founder Arthur Hayes anticipates HYPE reaching $150. ICE CEO Jeffrey Sprecher labeled it a “bigger opportunity than Nasdaq.” DeFi Monk highlighted Hyperliquid’s potential to challenge the $10 trillion CFD market. An A16z-affiliated whale added 226,121 HYPE, valued at $14.5 million, bringing total purchases since April 14 to 3.9 million HYPE, worth $192.6 million.

BlockBeats report, on May 31, as HYPE surged past $68.50 to a new all-time high, bullish sentiment intensified, with market predictions showing the probability of HYPE reaching $100 this year has risen to 36%. The most significant bullish view is undoubtedly Grayscale’s latest research report, which strongly endorses Hyperliquid, praising it as a future financial giant and a blueprint for a global, around-the-clock on-chain financial market, challenging the traditional limitations of Wall Street trading hours.

BitMEX co-founder Arthur Hayes expressed optimism that the Hyperliquid ecosystem token, HYPE, could rise to $150. In his post, Hayes wrote: "HYPE to $150, against TradFi, against the Clarity Act, Long live Caesar."

At the Bernstein Conference, Intercontinental Exchange CEO Jeffrey Sprecher referred to Hyperliquid as "a bigger opportunity than Nasdaq," further boosting market sentiment.


Renowned researcher DeFi Monk is equally bullish on Hyperliquid’s prospects, believing that despite regulatory uncertainty and competitive risks, its long-term potential is enormous: Hyperliquid is disrupting the global CFD trading market, which sees daily notional trading volumes of approximately $1 trillion—and even in its current restricted state, it remains a highly solid and attractive business. If regulatory hurdles are resolved, its growth potential could be nearly limitless, potentially becoming a super-sized enterprise overnight. Monk believes the worst-case scenario is maintaining the status quo with steady growth, while the best-case scenario is explosive expansion.

Additionally, the a16z-linked whale address purchased another 226,121 HYPE tokens today, worth approximately $14.5 million. Since April 14, this whale has accumulated a total of 3.9 million HYPE tokens, valued at approximately $192.6 million, with an average purchase price of about $49.40.


According to PolyBeats monitoring, on the prediction market Polymarket, the probability of HYPE surpassing $70 this year is 91%, the probability of it surpassing $80 is 65%, and the probability of it surpassing $100 has risen to 36%.

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