
HYPE climbs toward $88 on SEC exemption and NEAR confidential perpetuals
- —HYPE near $88, up 8% in 24 hours and almost 15% on the week
- —All-time high is $89.61, set on September 6
- —HIP-3 volume over the week was $16.06 billion versus $36.65 billion in late July
- —HIP-3 open interest rose to $4.00 billion from $3.82 billion
Why it matters: The SEC exemption and private trading could strengthen institutional inflows into Hyperliquid and push HYPE to a new high.
Source: FXStreet Crypto