$HYPE keeps showing up on the trending board tonight, and the story behind it feels bigger than the price — up about 1.4% near $88 on over $1.1B in volume, while $BTC drifts around $77,900. The chatter about Hyperliquid positioning itself as neutral infrastructure for regulated perp markets is the kind of narrative traders actually follow. I am watching whether it holds above $85 — if it does, the attention probably sticks around. #Hyperliquid