Hyperliquid sets record trading volume of $1 trillion, despite market challenges. Analyst predicts potential price increase for native token HYPE.
Decentralized Exchange (DEX) Hyperliquid (HYPE) has reached a significant record of $1 trillion in total trading volume for perpetual contracts. Despite the market downturn, this achievement has occurred. According to DeFiLlama data, the cumulative trading volume of Hyperliquid has reached $1.1 trillion, holding over 60% of the market share. However, the native token HYPE continues its downward trend, currently trading at $12.9, the lowest level since December 2023. Despite these challenges, an analyst predicts that HYPE could reach $50 to $100 based on significant growth, increasing daily trading volume, and the development of its Layer 1 blockchain ecosystem.
