Key Insights
- •Arthur Hayes has re-entered the Hyperliquid crypto market, purchasing tokens after previously exiting his position in September.
- •Grayscale has identified HYPE as a cryptocurrency with potential for future investment products.
- •The price of HYPE crypto has seen an 11% increase, raising questions about its ability to break free from its recent low range.
HYPE crypto, the native token of the Hyperliquid Decentralized Exchange (DEX), is once again drawing significant attention. It was a notable cryptocurrency in 2025 and appears to be on a path toward a significant comeback, driven by specific developments.
HYPE was recognized by Arthur Hayes, co-founder of Bitmex, as one of the prominent cryptocurrencies in 2025. Hayes was a highly influential figure in the cryptocurrency space during that year.
In August 2025, Hayes projected that the Hyperliquid native token could achieve a 126X gain, representing an increase of over 1,000%. He shared this prediction during the WebX summit, at a time when the HYPE price was trading between $42 and $47.
Currently, HYPE is trading at a discount of more than 40% from its previous highs. Hayes had previously invested in Hyperliquid, but he divested his stake in HYPE crypto in September, realizing a 19% profit.
Recent data indicates that Hayes has acquired nearly $500,000 worth of HYPE tokens this week. This move suggests renewed confidence from the Bitmex co-founder in the token's potential for recovery and further growth.
Grayscale Considers Hyperliquid (HYPE) Crypto for Future Investments
As the cryptocurrency market continues its mainstream adoption, leading institutional investment firms are expanding their investment horizons. Grayscale, a prominent crypto investment company with a long-standing presence in the market, is among them.
Earlier this week, Grayscale published a list of cryptocurrencies it is evaluating for potential inclusion in its future investment products. The Hyperliquid token was featured on this list, categorized under digital assets that facilitate financial transactions and services.
The inclusion of HYPE crypto on Grayscale's carefully selected list underscores its growing institutional appeal. Institutions are increasingly diversifying their crypto portfolios, and assets selected for such lists are typically those demonstrating robust potential for growth.
HYPE's underlying technology is supported by one of the most rapidly expanding decentralized exchanges. The Hyperliquid exchange is broadening its offerings to encompass stocks, thereby enhancing its value proposition and aligning with the narrative around Real World Assets (RWAs).
Is HYPE Crypto Poised for Further Recovery?
The cryptocurrency market has experienced a bullish trend this week, and the Hyperliquid native token has benefited from this momentum. The token saw a price increase of approximately 15%, rising from its lowest point of $23.11 on Monday to a high of $26.87 on Wednesday.
Despite this positive price movement, the HYPE price remains within its four-week bottom range. For perspective, its current price around $26 is approximately 55% below its peak price recorded in 2025.
The Relative Strength Index (RSI) for HYPE has been trending upward over the past three weeks, indicating a building momentum among buyers.
Arthur Hayes' recent acquisition of HYPE crypto signifies his continued optimism regarding its future performance. Based on his earlier prediction, a 1,000% rally from its current price level could propel HYPE to exceed $280, potentially reaching over $300 in the long term.
Achieving such a significant rally would necessitate strong conviction and substantial demand from both institutional investors and retail participants. Grayscale's inclusion of HYPE on its consideration list confirms that institutions are actively evaluating the token as a potential investment opportunity.
Accelerated adoption of Hyperliquid in 2026 could further bolster or hasten HYPE's progress toward these ambitious price targets.