HYPE Price Prediction: Cathie Wood Compares Hyperliquid to ‘Early Solana’ – Can HYPE Surge 7X to Match SOL?
HYPE worth prediction is gaining traction after ARK Invest CEO Cathie Wood, talking on the Master Investor podcast, compared Hyperliquid to the early days of Solana.
While she didn’t affirm whether or not her agency holds positions in HYPE, Wood confused the decentralized trade deserves shut consideration, notably because it faces competitors from the newly launched Aster DEX on the BNB Chain.
The remarks have amplified hypothesis over whether or not HYPE may rally 7X to match Solana’s present market valuation.
Hyperliquid’s Explosive Growth Since Launch
While this projection appears audacious, the expansion of the Hyperliquid protocol has been immense since its November 2024 market debut.
According to data from DefiLlama, Hyperliquid has grown from roughly $154 million in whole worth locked (TVL) at launch to over $2.2 billion on the time of writing, marking over 14X development.
Similarly, the stablecoin market capitalization on the protocol elevated by 550% from $1.3 billion to roughly $6 billion during the last 10 months.
More not too long ago, the Hyper Foundation introduced the launch of an NFT assortment on the HyperEVM community referred to as Hypurr.
The assortment instantly achieved a flooring worth of $68,900, with whole buying and selling quantity reaching over $45 million inside 24 hours on OpenSea, positioning it because the fifth most precious NFT assortment on this planet.
These developments and progressive development are a number of the causes many analysts imagine long-term Hyperliquid can rise to be among the many prime 5 protocols alongside the likes of BTC, ETH, BNB, and SOL.
To rival Solana’s present market capitalization of about $114.5 billion, HYPE would want to climb to roughly $340 per token on a circulating provide foundation, a 7.2X leap from its current degree.
Even on a completely diluted foundation, matching Solana’s valuation nonetheless implies a worth close to $114.5, representing a 2.4X upside from in the present day.
HYPE Price Prediction: Bullish Rebound from Key Support Targets $54 Reclaim
On the technical entrance, the HYPE/USDT 4-hour chart exhibits that the value not too long ago broke out of a steep downtrend and is now retracing upward into key Fibonacci ranges.
After bottoming close to the $40.38–$41.59 help zone, the value rebounded strongly and has now reached the 0.382 retracement degree round $48.39.
This marks the primary main resistance after the correction, with the following upside goal sitting on the 0.236 degree close to $52.60.
Momentum suggests consumers try to reclaim misplaced floor, however whether or not this transfer develops right into a full reversal or stalls relies on how the value reacts across the present Fibonacci cluster.
If it holds above $45 and builds power, a push towards $52–$53 is probably going.
However, rejection right here may ship it again towards $44.99 and even retest the $41 area.
Market Buzz Returns with Snorter Bot Presale Presenting 100X Opportunities
With the crypto market now seeing a number of runners, which all delivered over 10X from launch, the thrill is again for traders on the lookout for the following 100X runner.
Snorter (SNORT) token presale is now trying just like the market decide as the following 100X runner, with traders having already poured in $4.1 million.
Snorter Bot (SNORT) helps on a regular basis merchants sustain by sniping token launches, mirroring whale wallets, and even dealing with threat mechanically.
The SNORT presale has already gone viral on social media, and several other prime analysts assume it could possibly be the following 100x crypto.
With hype constructing and simply 20 days till the presale closes, the window to get in early is closing quick.
You should purchase the SNORT token at a set worth of $0.1063 by visiting the Snorter token official website utilizing crypto like SOL, ETH, USDT, or a financial institution card.
Early consumers also can earn round 114% staking rewards whereas the platform prepares for launch and trade itemizing.
Visit the Official Website Here
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