🚀 $HYPE Just Hit a New ATH Above $90 - And Three Things Happened at Once HYPE has pushed above $90 for a new all-time high, gaining more than 15% in two days and taking its 2026 return above 250%. But the price move isn’t the most interesting part to me. Three developments landed within roughly 48 hours. ⚡ The SEC introduced a conditional framework for certain tokenized-stock venues, Hyperliquid launched manual borrowing, and NEAR connected its perpetuals product to Hyperliquid’s order book. The borrowing launch is especially interesting: $269M was borrowed on day one. HYPE holders can now use their tokens as collateral at up to 65% LTV to borrow USDC or USDT, while $BTC can be used at up to 50% LTV. That gives large holders another way to access liquidity without immediately selling their position. 💵 Meanwhile, Hyperliquid’s RWA markets have gone from around 2% of total volume in January to roughly half today. NEAR is also routing trades from users across 30+ chains into Hyperliquid’s underlying order book. That’s why I think this ATH is more interesting than just another HYPE rally. The market increasingly seems to be looking at Hyperliquid as derivatives infrastructure with lending, distribution and RWA exposure, rather than simply another place to trade crypto. Not financial advice. Always DYOR #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#