Hyperliquid Price Forecast – HYPE Has Strong Chance of Hitting $100 Short Term

Highlights:

• HYPE is gaining strength thanks to growing adoption 
• Whale buying is also driving HYPE higher in the short term
• Rising momentum could push HYPE to prices as high as $100 soon

Hyperliquid (HYPE) is in the green today, continuing the strength that it has shown in recent weeks. When going to press, HYPE is up by 3.02% to trade at $39.90. HYPE trading volumes are also on the rise, up by 67% in the day to stand at $259 million. HYPE’s rising trading volumes amidst the rising price points point to strength. 

It shows that investors believe HYPE is likely to head higher despite trading at all-time highs. Also, given that the broader market is weak at the moment, this means investor confidence in HYPE fundamentals is on the rise. A couple of factors give validity to the ongoing bullish sentiment around HYPE in the short term. 

Hyperliquid Rising DEX Dominance Could Push Prices Higher

One of them is Hyperliquid’s growing dominance in the DEX market. Data indicates that Hyperliquid now accounts for more than 70% of the daily perpetual DEX volumes. It currently handles more than $240 million daily. At the same time, Hyperliquid open interest and user count have shot up to a high of $11 billion. This growing dominance in the DEX space means the intrinsic value of HYPE will go up over time. It gives it the potential to rally to prices above $100 in the short to medium term.

NEWS REPORT: Hyperliquid, a rising decentralized exchange, has recorded $1.571 trillion in annual perpetual futures trading volume, pulling in $310 million in revenue, a blow to centralized dominance. pic.twitter.com/NgO8LjPIYk

— CryptoTvplus (@Cryptotvplus) June 30, 2025

Whale Activity Pushing Hyperliquid Price Higher

There is also the fact that whale activity for HYPE is on the rise. Data indicate that in recent weeks, big money players have been buying an average of $10 to $14 million worth of HYPE per transaction. Institutions are among the big players that are currently accumulating HYPE. One of the more notable institutions that is buying Hyperliquid is Lion Group.

The NASDAQ-listed institution recently announced that it was setting aside $600 million to buy HYPE. Such purchases are likely to keep pushing the price of HYPE higher, mainly because the token has deflationary tokenomics.

HYPE is running low on ready-for-sale supply, and the market’s starting to show it in the price action.

Demand for $HYPE is increasing every day. The Hyperliquid Assistance Fund (AF1) has already purchased over 25 million HYPE from the open market, worth around $1 billion. There… pic.twitter.com/4yca368mAy

— Henrik (@Henrik_on_HL) June 30, 2025

Buy Back Program Drawing In Investors to HYPE

Hyperliquid price is also edging higher thanks to its buyback program that reinvests 97% of fees. This means Hyperliquid is different from the average altcoin in the market today. It has price floors that guarantee it holds value going into the future. This is likely to see more investors gravitate towards HYPE going into the future. The result is that HYPE could go parabolic as growth-seeking investors chase an asset that has a declining supply.

Hyperliquid: Strategic Trajectory, Growth Catalysts, and Structural Risk Factors
As of June 2025, the Assistance Fund (AF) of Hyperliquid controls approximately 25.5 million HYPE tokens, currently valued at nearly $1.045 billion. While this substantial reserve could grow… pic.twitter.com/rQsD0U8M5J

— Hyperliquid Hub (@Hyperliquid_Hub) June 30, 2025

Hyperliquid Growing Integrations Point to Fundamental Strength

Even more bullish for the Hyperliquid price is that its ecosystem is growing. This is evident in the growing number of integrations Hyperliquid has gained since its launch, including with the SwissBorg Meta Exchange. There are also plans for integration with top platforms like Binance and Coinbase.

These integrations will increase the adoption of Hyperliquid in the long term and further add to its value growth by driving adoption. It further explains the rising uptake of HYPE by investors despite trading at record highs when the broader market is weak. It means investors are not afraid of a significant price dip, as is usually the case with cryptocurrencies that pump as outliers.

With the MEX, including the @ManifestTrade DEX integration, SwissBorg users can:

Access Manifest liquidity — no wallets, bridges, or gas needed
Trade instantly from 16+ fiat currencies into supported Solana tokens
Execute cross-chain swaps (yes, even $HYPE → Solana… pic.twitter.com/7fNRbwl8yy

— SwissBorg (@swissborg) June 30, 2025

Technical Analysis – Hyperliquid Price In A Bullish Channel

Hyperliquid is currently trading in a bullish channel while making higher lows. In technical analysis, this usually means that every slight dip in price is being taken up, in anticipation of higher prices. 

On the weekly charts, HYPE is currently rallying off a dip, which puts its recent all-time high of $45 in focus. A rally through the $45 price level could see HYPE hit prices above $50 in the short term. However, if the setup is broken, the Hyperliquid price could drop to $34.234, which is now a short-term support level. With capital increasingly rotating into altcoins, the odds are higher that HYPE could be headed higher, with $50 as the first target in the short term.