Bloomberg reports that US regulators are working to expand the digital asset market.

The fastest to react were the trading and tokenization sectors, where related tokens surged as much as 50%.

Among them, `$HYPE ` hit a new all-time high of $96.

With the regulatory environment being loosened, capital first flowed into the two areas with the fewest obstacles: trading channels and on-chain asset deployment.

`$HYPE`’s new price high indicates that compliance tailwinds have begun to be realized in the price action of specific projects.