Binance lists HYPE on spot as token retreats from $98 peak
- —Binance opened spot trading for HYPE against USDT, USDC and TRY
- —HYPE peaked at $97.98 before the listing, then fell back to $90
- —Hyperliquid Strategies held 29.3 million HYPE at the end of June
- —Protocol fees are automatically converted into HYPE and burned
Why it matters: The listing on the world's largest exchange widens access to HYPE but also gives early holders an easy exit; the market will show which side prevails.
Source: CriptoTendencias