$HYPE Slides as Ethereum Soars and Hyperliquid Hits $19B – Can It Rebound?

  • $HYPE has declined 3.3% in 24 hours to $45.13 as Ethereum's rally pulls liquidity from altcoins. Despite the price dip, Hyperliquid platform has recorded historic $18.99 billion daily perpetuals volume and $5.06 million in revenue, with institutional investors adding tokens to treasuries.