PURR Token Jumps Over 63% as Hypurr NFTs Go Live on HyperEVM

PURR, the native token of the Hypurr NFT ecosystem, has recorded an impressive gain of over 63% within the past 24 hours. The price jump coincided with the long-awaited deployment of Hypurr NFTs on the HyperEVM, a milestone that underscores the growing influence of Hyperliquid’s expanding ecosystem. 

As of the time of writing, PURR trades at $0.2425, according to data from CoinGecko. While the asset currently sits at a 63.5% gain, it also recorded a 50.5% profit over the week. Its trading volume of over $27 million indicates investors’ interest, even amid the current market correction. 

Hypurr NFTs Debut on HyperEVM

On Sunday, September 28, 2025, the Hyper Foundation launched its long-awaited Hypurr NFT collection on the HyperEVM. The collection was released as part of Hyperliquid’s broader community engagement strategy.

The Hypurr NFTs serve as more than digital collectibles. They act as mementos for early supporters who placed their trust in Hyperliquid during its formative stages. According to the Hyper Foundation, ownership and usage of the tokens are governed by a specific set of licensing terms. This ensures clarity around rights and responsibilities for holders. 

The launch of Hypurr NFTs is closely tied to the technical advancements of the HyperEVM. Unlike standalone Ethereum Virtual Machines, the HyperEVM operates as a programmable interface to Hyperliquid’s Layer 1 blockchain. By design, it allows developers to leverage liquidity on HyperCore while benefiting from seamless interaction between the Core and EVM layers. 

Thus, Hypurr NFTs serve not just as commemorative items but as a demonstration of HyperEVM’s capabilities in managing community-driven digital assets. 

HyperLiquid Distributes 4,600 Hypurr NFTs 

Initially announced during the Genesis Event in November 2024, participants were allowed to opt in to receive the Hypurr NFTs. Following the official launch of the HyperEVM in February 2025, these NFTs have now been activated and distributed to eligible contributors. 

Notably, there are a total of 4,600 unique cat-themed Hypurr NFTs in the collection. Each NFT is designed to capture the diverse spirit of the Hyperliquid community. It reflects its members’ moods, interests, and quirks through the character of Hypurr. 

The bulk of the total supply, about 4,313 NFTs, was distributed to participants at the Genesis Event. Meanwhile, the remaining supply was allocated to the Hyper Foundation (144 NFTs) and core contributors (143 NFTs).

The allocation of Hypurr NFTs is designed to reward genuine community members while discouraging exploitation. Participants were screened under the Foundation’s risk-based compliance framework, and clustering analysis was applied to detect sybil activity. 

This approach ensured that no single user could unfairly accumulate a disproportionate share of NFTs. Such measures reflect Hyperliquid’s broader emphasis on sustainability and fairness within its growing ecosystem.

Hypurr Trading Volume Surges to $64.5M

The immediate market response to the NFT launch was overwhelming as the PURR token spiked remarkably. Analysts suggest that a combination of speculation and genuine enthusiasm for the long-term potential of Hypurr NFTs within the HyperEVM ecosystem drove the price rally. 

Meanwhile, the Hypurr NFT collection has recorded explosive trading activity within the past 24 hours. According to data from OpenSea, the collection has generated over 1.4 million HYPE in trading volume, worth over $64.5 million. The floor price for the NFTs reached 1,463 HYPE earlier today. However, it is now sitting at 1,320 HYPE, worth $60,865 at current market prices.

The most expensive sale from the collection was the Hypurr #21. The token, which featured extremely rare traits, was sold for 9,999 HYPE, worth nearly $470,000.

Community members on social platforms noted that the NFTs could become sought-after digital artifacts, especially given their limited supply and strong association with Hyperliquid’s early history. The dual appeal of digital art and functional blockchain innovation is fueling the demand.

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