- LGHL is reallocating Solana (SOL) and SUI into Hyperliquid (HYPE) with an accumulation strategy.
- Hyperliquid hit new highs near $54, boosting confidence in the project.
- LGHL stock surged 20%+ following the announcement, signaling strong investor support.
Lion Group Holding Ltd (LGHL), the operator of a global trading platform, is shifting its crypto strategy. The company announced plans to gradually convert its Solana (SOL) and SUI reserves into Hyperliquid (HYPE), aiming to gain exposure to the fast-growing Layer-1 chain and its on-chain perpetual exchange.
Why LGHL Is Moving From Solana and SUI to Hyperliquid
Rather than executing one big swap, LGHL will use an accumulation strategy, buying HYPE during volatile price swings to secure better entries. CEO Wilson Wang said Hyperliquid offers one of the most compelling opportunities in decentralized finance, citing its on-chain order book and efficient trading infrastructure as key advantages.
The move also aligns with BitGo Trust’s rollout of institutional custody solutions for Hyperliquid in the U.S., which LGHL sees as essential for secure and scalable asset management.
Hyperliquid Price Rally Adds Momentum to the Shift
Hyperliquid has been on fire lately. According to CoinGecko, the token surged to a new all-time high of $51.84, before climbing another 6.8% in 24 hours to reach $53.94.
This latest development builds on LGHL’s earlier $600 million facility from ATW Partners, which initially targeted allocations to HYPE, SOL, and SUI.
How Much Hyperliquid Could LGHL Accumulate?
LGHL’s current holdings include over 1 million SUI (valued at $3.5M) and 6,629 SOL (worth $1.4M). At today’s prices, converting these assets would allow the company to secure an additional 96,000 HYPE, bringing its total stash to 224,000+ HYPE.
That would cement LGHL’s position among the largest institutional Hyperliquid holders.
Market Reaction: LGHL Stock Jumps on Hyperliquid Move
The market has reacted strongly to LGHL’s pivot. Shares climbed 11% during the latest session, then jumped another 10% in after-hours trading to $1.65.
With both institutional backing and a growing treasury allocation, LGHL is doubling down on Hyperliquid as a core piece of its digital asset strategy.
