- Hyperliquid’s TVL jumped 80% since April, hitting $1.73B—signaling strong user adoption
- Price found a solid support zone near $35, with traders eyeing a potential breakout above $40
- If momentum holds, HYPE could test its all-time high and push toward the $50 mark
Hyperliquid’s making noise again—quietly at first, but traders are picking up on the signals. The token recently cracked $36, and more importantly, it’s carved out a solid support zone around $34. That might not sound like fireworks, but it’s got folks feeling confident. It’s all happening in sync with a broader DeFi revival, where TVL across the space has surged 80% over the last three months. That’s not just a bounce—it’s a wave.
The renewed appetite for decentralized finance has spilled over into assets like Hyperliquid, which is riding that tailwind straight into center stage. It’s not just speculators either—on-chain metrics show meaningful activity from users staking and depositing. Basically, this isn’t just hype—it’s sticky.
80% TVL Jump Puts Hyperliquid on the DeFi Map
Since April, the total value locked (TVL) in Hyperliquid’s protocol ballooned from about $353 million to $1.73 billion, according to DeFiLlama. That’s a wild 80% leap in just three months. You don’t get that kind of traction without people really believing in what the project’s doing.
This kind of TVL growth usually points to rising adoption and trust. Stakers are locking up funds, protocols are getting used, and the token’s utility starts showing through price action. And yep, it’s all feeding back into investor sentiment—like a loop that’s starting to build momentum.
Holding the $35 Line—Could $50 Be Next?
At the moment, Hyperliquid is hovering around $36.01. It’s dipped about 1.9% in the last 24 hours, but it’s still up nearly 5% over the week. The big number to watch? That $35.34 support level. So far, it’s held up, and if it continues to do so, analysts are eyeing a run toward the $40 mark.
If the bulls stay in charge, breaking past $40 could unlock a sprint toward $45.91—and possibly even $50 if volume backs the move. On the flip side, if the $35 level gives way, things could turn fast. But right now, momentum’s looking pretty decent.
