Hyperliquid Rally Accelerates: Next Stop $55?

• Hyperliquid jumps 12%, trading above $50.82 with bullish momentum.
• Whale shifts 22,000 BTC into Ethereum using Hyperliquid platform.
• Daily trading fees hit $6M, surpassing Solana, Tron, and Ethereum.

The crypto market has bounced back in the last 24 hours, with total market capitalization climbing to $3.87 trillion, up 2.37% on the day. Bitcoin reclaimed strength with a 1.25% jump to $111,526, while Ethereum surged 4.45% to $4,629 after dipping near $4,300 earlier in the week. XRP and BNB also joined the upswing, posting 4.12% and 2.34% gains respectively. Yet, the attention is now shifting toward Hyperliquid, one of the fastest-growing players in the altcoin space.

HYPE rallied more than 12% in the same period, trading above $50.82 and outperforming many top-tier coins. Analyst Ali Martinez said that if the token breaks its current resistance, it could quickly rise to $55.

Hyperliquid is showing a bullish trend as it pushes above the $49–50 resistance zone. If it holds this level, the price could climb to $52 and then $55, with a chance of reaching $58 later. The chart also shows possible pauses before each move higher. But if the pr…

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