hyperliquid

Hyperliquid's HYPE trades at $67.89, down 1.8% on the day, as risk assets sell off after US President Donald Trump told reporters in Ankara he thinks the Iran memorandum of understanding is "over."
Key Takeaways
HYPE drops to $67.8 on Coinbase, down 1.78% for the day.Trump told reporters in Ankara he "thinks" the Iran MoU is over.Rising trendline and 50 SMA at $64.42 form the first defensive zone.Daily RSI at 53.28 sits neutral, offering no directional edge yet.
Speaking to reporters at the NATO summit in Ankara, Trump said he thinks the June 17 Islamabad Memorandum of Understanding with Iran is "over", per Al Jazeera. The wording matters: Trump did not announce a formal withdrawal from the framework, he stated his personal read that it no longer holds. That distinction leaves the diplomatic status ambiguous, but the market treated the comment as a directional signal.
How HYPE Is Positioned on the Chart
HYPE's daily structure remains constructive despite the pullback. Price sits above the 50 SMA at $64.42, above the rising trendline drawn from the May $38 low, and above the 100 and 200 SMAs. While trading at $67.8 at the time of writing, the price holds between $66 and $72 zone that has been tested multiple times since begging of July without breaking.
Momentum offers no directional read. Daily RSI at 53.28 sits mid-range, which means the pullback has not yet produced conviction on either side. That neutrality is what makes the trendline test the decisive technical event, not the RSI itself.
The Bearish Scenario: What Needs to Break
The bearish path activates on a specific sequence rather than the current pullback alone. The first condition is a daily close below the rising trendline that has defined HYPE's structure since the May low. That break alone is not sufficient. The second condition is a daily close below the 50 SMA at $64.42, which currently sits directly beneath the trendline and reinforces it.
The confirmation step is the retest. If sellers break both levels and price returns to test the trendline or 50 SMA from below, and that zone rejects as resistance rather than reclaims as support, the setup opens toward a deeper and more prolonged decline. Historical failed-support-turned-resistance sequences on daily charts have produced moves toward the next horizontal reference, which for HYPE sits near the $58 region and, beneath that, the $52 shelf.
What Can Invalidate the Bear Case
The bearish setup rests on a specific chain of events that has not yet triggered, and each link in that chain has a plausible break point.
Start with the catalyst itself. Trump did not sign a withdrawal, issue an executive order, or brief allies at Ankara on a formal exit. He told reporters what he thinks. That phrasing gives both sides a diplomatic off-ramp, and previous Trump comments on the Iran file have swung between "waste of time" and "great settlement" within the same news cycle. If the tone shifts before the daily close on July 9, the market loses its reason to hold the risk premium.
The chart itself is arguing against the bear case. HYPE's May-to-July rally lifted price from $38 to a $76.50, and the current $67.89 print still sits above every major moving average, above the rising trendline, and above the horizontal shelf that capped resistance for most of June and now acts as support. Regimes that took two months to build rarely fail on a single 1.78% pullback candle, and the $66–$67 zone has already absorbed multiple tests without cracking.
The final layer is historical behavior. Iran headlines have hit crypto many times in 2026, and in every case the initial risk-off move compressed within 72 hours unless a second escalation event followed. The Ankara comment is loud, but it is a verbal escalation, not a kinetic one. The bear case needs Tehran to answer with a visible retaliation, or Washington to raise the operational stakes again. Absent either, the risk premium could bleed out of the tape rather than build.
#Hyperliquid

🚀 3 Trending Altcoins That Could Dominate the Next Crypto Wave
The crypto market moves fast.
One week, everyone is talking about meme coins. The next, AI tokens or Layer-1 blockchains take center stage.
Among the projects drawing significant attention from investors and developers, Hyperliquid (HYPE), Ondo Finance (ONDO), and Jito (JTO) stand out because they each represent a fast-growing sector of the crypto market.
Let's explore why these three coins are generating so much interest.
🔥 1. Hyperliquid (HYPE) – The Rising DeFi Giant $HYPER
Hyperliquid has become one of the most talked-about decentralized perpetual trading platforms.
Its focus on speed, deep liquidity, and an on-chain trading experience has helped it attract a growing user base.
Why investors are watching HYPE
✅ High trading activity
✅ Expanding DeFi ecosystem
✅ Fast on-chain perpetual trading
✅ Strong community growth
As decentralized exchanges continue to evolve, Hyperliquid is one of the projects many traders are closely following.
🌐 2. Ondo Finance (ONDO) – Bringing Real-World Assets On-Chain $ONDO
Tokenization is becoming one of the biggest trends in crypto.
Ondo Finance focuses on connecting traditional financial assets with blockchain technology, making real-world assets more accessible through tokenization.
Why ONDO stands out
🏦 Real-world asset (RWA) narrative
🌍 Institutional interest
💎 Expanding DeFi integrations
📈 Growing ecosystem
Many analysts view tokenized real-world assets as an important long-term trend for blockchain adoption.
⚡ 3. Jito (JTO) – Powering the Solana Ecosystem $JTO
Jito is closely tied to the Solana ecosystem and focuses on liquid staking and maximizing network efficiency.
As Solana activity grows, infrastructure projects like Jito have attracted increasing attention.
Why JTO?
🚀 Built on Solana
💰 Liquid staking solutions
⚡ Growing validator ecosystem
📊 Rising DeFi participation
Infrastructure projects often benefit as blockchain ecosystems expand.
💼 Sample Portfolio
🔵 40% Hyperliquid (HYPE)
🟢 35% Ondo Finance (ONDO)
🟠 25% Jito (JTO)
#Hyperliquid #ONDO #jto #AltcoinSeasonLoading। #Lachakaricrypto

*July 7, 2026*$$
Hyperliquid's native token $HYPE is trading near **$71–72**, consolidating just below its all-time high as traders weigh strong protocol fundamentals against a fresh wave of token supply and cooling ETF demand.
#Hyperliquid
# Price Snapshot
| Metric | Value |
|---|---|
| Price | ~$71.50 |
| 24h Change | +0.1% to +2.3% (mixed by source) |
| 7-day Change | +17.6% |
| Market Cap | ~$18B (rank #9–10) |
| 24h Volume | ~$284M–$508M |
| All-Time High | $76.70 (June 16, 2026) |
| 24h Range | $68.71 – $71.93 |
HYPE has outperformed the broader crypto market this week, which is up roughly 7.5% over the same period, and has climbed around 205% since opening January near $25.
## Key Technical Levels
- **Support:** $69 near-term, $65 stronger base
- **Resistance:** $73–76 (all-time high zone)
- **Breakout target:** A confirmed daily close above $76 opens the door toward $95–100
Momentum indicators are neutral-to-bullish. The structure resembles a cup-and-handle pattern that has yet to break decisively through resistance, with declining volume during recent pushes suggesting the market is calm rather than overheated.
## What's Driving the Rally
**Buyback mechanism.** Roughly 97–99% of Hyperliquid's protocol fees are funneled directly into open-market HYPE buybacks. The protocol has crossed $1 billion in cumulative revenue and burned over 41 million tokens — about 4.2% of circulating supply — making revenue growth directly equivalent to sustained buy pressure.
**Market dominance.** Hyperliquid commands an estimated 60% of global on-chain derivatives open interest and processes around 200,000 orders per second. Q1 2026 trading volume reached $492.7 billion, placing it just behind Coinbase.
**Capital rotation.** Net bridged inflows into Hyperliquid hit $116 million over a recent 24-hour period — more than any competing chain, while Arbitrum, Base, and BNB Chain saw net outflows over the same window.
**Institutional access.** Three U.S. spot HYPE ETFs — 21Shares' THYP, Bitwise's BHYP, and Grayscale's HYPG — have launched since mid-May, with combined inflows surpassing $170 million.
## Near-Term Headwind: The Unlock
A **$630–645 million token unlock** landed July 6, releasing roughly 9.92 million HYPE (about 1% of total supply) to core contributors. This is part of a recurring monthly vesting schedule that runs through 2027–2028, with 61% of total supply still locked as of mid-2026.
Historically, the Hyperliquid team has sold only a small fraction of unlocked allocations — around 1% in early 2026, down from closer to 20% in late 2025 — suggesting the headline unlock figure may overstate actual sell pressure. Early signs suggest the market is absorbing this tranche reasonably well, with some holders choosing to restake rather than sell.
## Mixed Signals to Watch
Not everything points one direction:
- On-chain data shows sellers outnumbering buyers by roughly 1.36x over the past 24 hours, with about $842 million in net outflows as some traders lock in profits near the highs.
- HYPE ETFs pulled in just $4.32 million this past week — their weakest showing since launch, a notable slowdown from earlier momentum.
- Regulatory scrutiny is building: Singapore's MAS added Hyperliquid to its Investor Alert List, joining prior UK warnings, while CME and ICE have separately urged U.S. regulators to review the platform over manipulation and sanctions-related concerns.
## Analyst Price Targets
| Source | Target | Timeframe |
|---|---|---|
| Arthur Hayes (BitMEX co-founder) | $150 | By August 2026 |
| Multicoin Capital — bear case | $109 | Through 2028 |
| Multicoin Capital — base case | $319 | Through 2028 |
| Multicoin Capital — bull case | $689 | Through 2028 |
## Bottom Line
HYPE's setup remains **cautiously bullish**: durable protocol revenue, an aggressive buyback program, and leading derivatives market share continue to support the token's fundamentals. The key swing factor over the next few weeks is whether the market can absorb monthly unlock supply while ETF demand reaccelerates. A clean break above the $73–76 resistance zone would open the path toward triple digits; failure to clear it risks another rotation back toward the $60–65 range.
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*This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile — alway
s conduct independent research before making investment decisions.*#hype