Hyperliquid Price Prediction – HYPE Eyes Over $40 Despite Upcoming Unlock

Highlights:

• Hyperliquid is trending towards the $35.40 resistance as bulls gain momentum
• Momentum driven by the broader market and internal HYPE dynamics
• Rally through $35.40 could send HYPE to prices over $40 soon

Hyperliquid (HYPE) is in the green today and showing strength amid a day when many altcoins are losing momentum. When writing, Hyperliquid was trading at $29.31, up by 3.87% in the day. However, Hyperliquid trading volumes have dropped significantly in the last 24 hours. They are down by 23.58% to stand at $263.62 million.

The declining volumes indicate that, while prices are rising, investors are not yet buying in large numbers. This is likely due to fear that the price could drop again. Such sentiment could be driven by what has been happening in the cryptocurrency market for the better part of the year so far. 

However, on a positive note, the decline in volumes while the price is still in the green could be an indicator that holders are not selling and expect HYPE to continue building on the momentum it has built over the last 24 hours. Such a holder conviction could help support the price going forward, especially if the broader market maintains the bullish momentum it has built so far. Besides short-term trader dynamics, there are several positive factors that could send HYPE higher in the foreseeable future.

Hyperliquid Continually Improving On-Chain Liquidity

One of them is the fact that Hyperliquid continues to expand its derivatives liquidity. The latest move on this front is with its latest integration with Trojan, a decentralised order book and other trading infrastructure provider. Under the arrangement, both traders and bot developers will be able to access Hyperliquid’s on-chain liquidity through the Trojan platform.

This will make automated trading even easier for the average trader and bring even more traders to the Hyperliquid platform. By extension, this adds to the HYPE token’s intrinsic value going forward. That’s because the token is used for all fee payments on the Hyperliquid platform. 

Trojan Integrates with Hyperliquid, Significantly Boosting On-Chain Derivatives Liquidity

Decentralized trading infrastructure provider Trojan has announced the successful completion of a comprehensive integration with Hyperliquid. By incorporating Hyperliquid's order book…

— 0xzx (@0xzxcom) February 25, 2026

HYPE Staking Products Could Positively Impact Demand/Supply Dynamics

Hype is also gaining more adoption from institutional investors. CoinShares recently launched Hyperliquid staking ETP. This is a big deal as it would make it easier for institutions to stake HYPE. CoinShares has also ensured that investors actually have an incentive to stake HYPE. They are doing this by offering a 0% management fee and a reasonable yield of 0.5%. This product, once fully adopted, could take a sizeable amount of HYPE out of circulation. The positive impact on demand and supply dynamics could send Hyperliquid’s price to new highs in the foreseeable future.

We’re proud to launch the CoinShares Hyperliquid Staking ETP.

A new, regulated way to gain exposure to HYPE, built for investors looking to access emerging crypto themes through their favorite investment platform. 0% management fees and staking rewards included. pic.twitter.com/arSIg0MBwG

— CoinShares (@CoinSharesCo) February 24, 2026

Hyperliquid Price Showing Strength Despite Upcoming Token Unlock

HYPE’s underlying strength is already evident in the price’s performance despite an upcoming token unlock. Token unlocks tend to affect prices negatively in the short term. However, HYPE’s price action is showing strength, yet in a few days, on March 6, a token unlock of 173,000 HYPE is expected. This points to investor confidence that the market can absorb the released tokens without a negative impact on the price. 

Technical Analysis – HYPE Trending Towards Critical Resistance

Hyperliquid is currently trending towards the $35.40 resistance level after the market-wide rebound on February 24. If bulls are strong enough to push HYPE through the $35.40 resistance, a rally to $42.11 could follow.

On the other hand, if Hyperliquid price loses momentum at the $35.40 resistance, or before it hits it, a correction to the $26.27 support could follow in the short term. Of these scenarios, a rally to $42.11 is more likely given Hyperliquid’s improving fundamentals and the broader market’s underlying momentum.