$HYPE Among the top 10 cryptocurrencies by market capitalization
The Hyperliquid (HYPE) coin has recorded an unprecedented historical price surge, becoming the talk of both the crypto community and investment institutions. The coin managed to break through its all-time high (ATH), reaching $96.80, suddenly driving its market value to surpass the $23.8 billion mark.
The direct spark behind the rally was the launch of the Manual Borrowing and Lending feature through its “HyperCore” infrastructure. This feature allowed users to pledge HYPE or Bitcoin to borrow stablecoins (USDC/USDT) directly. Within less than 24 hours of the launch, loans worth $269 million were withdrawn, triggering a fierce demand for the coin to use as collateral.
$MUBARAK
The Hyperliquid (HYPE) coin has recorded an unprecedented historical price surge, becoming the talk of both the crypto community and investment institutions. The coin managed to break through its all-time high (ATH), reaching $96.80, suddenly driving its market value to surpass the $23.8 billion mark.
The direct spark behind the rally was the launch of the Manual Borrowing and Lending feature through its “HyperCore” infrastructure. This feature allowed users to pledge HYPE or Bitcoin to borrow stablecoins (USDC/USDT) directly. Within less than 24 hours of the launch, loans worth $269 million were withdrawn, triggering a fierce demand for the coin to use as collateral.
$MUBARAK
