HYPE Price Climbs Higher with $84B Volume and NFT Frenzy

Hyperliquid is drawing consideration as each buying and selling exercise and ecosystem development speed up.

Volumes are climbing, NFTs are buying and selling at high values, and the HYPE token is testing technical resistance.

Trading Activity Surges Across the Board

Hyperliquid’s complete buying and selling quantity has reached $84 billion, with every day exercise now above $6 billion, per BlockchainBaller. These figures mirror a gentle rise in engagement because the center of the yr. The improve in utilization means that extra members are getting into the platform, pushing liquidity greater.

Hyperliquid is on FIRE

Trading quantity has exploded to $84B, with every day exercise now pushing previous $6B
The regular climb since mid-year exhibits rising demand and deeper liquidity flowing into the ecosystem

With momentum this sturdy, Hyperliquid is rapidly proving itself as one in all… pic.twitter.com/4vJWfhzi8M

— BlockchainBaller (@bl_ockchain) September 28, 2025

Futures quantity rose by 19% to $1.82 billion, based on CoinGlass knowledge. Open curiosity, nevertheless, solely went up by 1% to $2.28 billion.

Such a spot between quantity and open curiosity suggests that almost all merchants are opening and closing their positions inside a brief span of time. Very few long-term positions appear to exist, that means that short-term positions are accounting for current circumstances.

New NFT Collection Launches on HyperEVM

On September 28, Hyperliquid launched its Hypurr NFT assortment. A complete of 4,600 cat-themed NFTs had been created. Of these, 4,313 went to early customers who took half within the Genesis Event held in November 2024. The relaxation had been allotted to builders, artists, and the undertaking’s basis.

Hypurr NFTs have been deployed on the HyperEVM.

Participants had the chance to decide in to obtain a Hypurr NFT after the HyperEVM went reside as a part of the Genesis Event in November 2024. The HyperEVM launched in February 2025 as the final programmability interface to the…

— Hyper Foundation (@HyperFND) September 28, 2025

The NFTs are deployed on HyperEVM and work together straight with the chain’s liquidity layer. This makes them totally different from most common NFT drops. Instead of functioning solely as collectibles, they are often tied to functions constructed on the core infrastructure of Hyperliquid. Developers might construct round them utilizing instruments already energetic within the ecosystem.

The assortment opened on OpenSea with a ground value of 1,458 HYPE, which is roughly $68,700. One NFT bought for greater than $467,000 shortly after launch. Security researcher ZachXBT reported a theft of eight NFTs price about $400,000.

Price Tests Resistance While RSI Nears Peak

HYPE was buying and selling at $47 at press time. It has gained over 5% prior to now 24 hours however stays 21% under its all-time high of $59 from September 18. Over the previous month, the value continues to be up about 6%.

Chart knowledge exhibits the value is approaching the 100 and 200 EMA ranges, round $48 and $49. These typically act as resistance factors. The 20 EMA has crossed above the 50 EMA, which exhibits short-term momentum is leaning upward.

The Stochastic RSI is at the moment above 95, inserting it within the overbought vary. This might result in decreased shopping for strain within the brief time period.

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