Despite two major volatility periods in the digital currency market in the first month of 2025, the price of Hyperliquid (HYPE) has remained almost unchanged. While these plunges wiped out billions of dollars from leveraged positions and pressured investors, the strong performance of this token has drawn significant attention. Hyperliquid is one of the most popular layer 1 blockchains globally known for its low transaction fees and smooth trading experience. This platform is also recognized as a specialized decentralized exchange in the perpetual futures contracts field. Below, we examine the main reasons for the stability and strong performance of Hyperliquid. One of the main factors contributing to the price stability of Hyperliquid is the strong economic programs of this blockchain. For example, the implementation of Donald Trump’s commercial tariffs led to a general collapse in the digital currency market, but the price of this token remained relatively stable. This indicates a high demand for Hyperliquid in the market. Data from January 31, 2025, shows that the daily trading volume of Hyperliquid reached $7 billion, which has prevented severe price fluctuations. Additionally, due to its low fees and access without the need for Know Your Customer (KYC) verification, this blockchain has high demand. For this reason, despite the low fees, this network earns $4 million in revenue daily. Another reason for the price stability of Hyperliquid is the token burning mechanism. During the recent market downturn, Hyperliquid burned 2,700 units of HYPE tokens, which was the highest token burn rate from Christmas 2024 until now. Moreover, this network repurchases its tokens, setting it apart from other DeFi projects. According to Tobias Reisner, an analyst, the network repurchased $4 million worth of its tokens yesterday. This action has strengthened bullish sentiments among platform users and token holders, preventing further declines. Another influential factor in the price stability of Hyperliquid is the support of a famous influencer named Adin Ross and his 50,000 followers. He spoke about this token on social networks, leading major investors, especially whales, to become interested in this asset. In this regard, one of the major whales purchased $950,000 worth of this token. One investor says: ‘The price of Hyperliquid will soon break out of this range and experience significant growth.’ This statement reflects the high confidence of investors in Hyperliquid and their optimism about further price growth of this token. On the page of Digital Currency Price Tracker, you can view the prices of all tokens and cryptocurrencies live and in real-time.
