Hyperlane (HYPER) Surges 340% Following Major Exchange Listings

Amid growing optimism within the crypto market, with bitcoin recording new all-time highs, Hyperlane’s HYPER token surge is remarkable. The token’s price has soared by over 300% in the last 24 hours, signaling strong investor interest.

Notably, asides the overall bullish momentum in the broader market, HYPER’s surge can be attributed to its listing on major South Korean exchanges. Historically, exchange listings are usually accompanied by a significant price surge. 

Upbit and Bithumb List HYPER

On Thursday, July 10, 2025, South Korea’s largest crypto exchange, Upbit, announced that it will list HYPER on its trading platform. The exchange noted that its users can now trade the token using its HYPER/KRW trading pair.

A few hours later, Bithumb, another prominent South Korean exchange, revealed that it will also be listing the token. Both platforms set measures in place to ensure that the listing event ran smoothly, preventing rapid price swings and market manipulation. 

Both Upbit and Bithumb blocked buy orders for five minutes after trading opened. Additionally, they restricted users from selling below 10% of the standard price.

HYPER Soars Above 300%

The South Korean retail trading market is renowned for its high-speed, high-volume activity. Thus, it is not surprising that HYPER’s price surged by over 100% just a few hours after the listing announcement. 

According to data from CoinGecko, the token has climbed by over 340% in the past day. HYPER reached an all-time high (ATH) of $0.6 before briefly retracting.

At press time, the token was trading at $0.49, with a market capitalization of $85.7 million. HYPER also saw a remarkable spike in its trading volume, which is currently sitting at over $760 million.

The latest listing on both Upbit and Bithumb will expand HYPER’s visibility and accessibility. The token is expected to receive increased liquidity from the fast-growing Asian crypto market, starting with South Korea. 

Notably, it remains to be seen whether HYPER will sustain the surge. However, the broader bullish sentiment within the crypto market could likely propel the token’s price higher. 

What Is Hyperlane?

Hyperlane is a permissionless interoperability protocol designed to facilitate cross-chain communication. It allows smart contracts across different blockchain networks to interact and share data, without intermediaries. 

Despite the rapid pace at which the blockchain landscape is evolving, digital assets and liquidity still operate in isolated. Hyperlane seeks to solve this problem of fragmented liquidity and siloed ecosystems by seamlessly connecting multiple blockchains. 

The protocol enables developers to easily deploy their projects across different networks. It allows users to interact with numerous decentralized applications (dApps) regardless of the blockchain network. Currently, Hyperlane has connected more than 140 blockchains and bridged over $8 billion.

HYPER is the native token of the platform. With a maximum supply of 1 billion tokens, HYPER powers every activity on the Hyperlane ecosystem.

The token is used for staking, rewarding network validators, and incentivizing users for contributing to the network growth. HYPER also offers holders governance rights, allowing them to vote on key matters regarding the protocol’s development. 

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