Hyperliquid Price Breaks Key Resistance as $1B Fundraising and IPO Plans Gain Traction

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October 24, 2025 · 5:00 AM

Hyperliquid Price Breaks Key Resistance as $1B Fundraising and IPO Plans Gain Traction

HYPE has sparked renewed bullish sentiment in the crypto market following an 11.91% surge, pushing the Hyperliquid price to $39.02, above the 200-day simple moving average. This rally is driven by increased institutional interest and whale activity, with traders eyeing the $41.76 resistance level for a potential trend reversal. The excitement stems from Hyperliquid Strategies Inc.

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Hyperliquid Price Breaks Key Resistance as $1B Fundraising and IPO Plans Gain Traction | cryptobinto