Hyperliquid’s HYPE token surges past $50 amid stablecoin proposal competition
September 8, 2025 · 9:50 AM
Hyperliquid's governance token, HYPE, surged above $50 during Asian trading hours, driven by new bids for managing the decentralized exchange's proposed stablecoin, USDH. The token increased over 7% in the last 24 hours, reaching $50.08, nearing its August peak of $51. This rise indicates growing confidence in the project.
Read full article at: