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HYPE Nears All-Time High With HyperEVM Integration, Can Buybacks Sustain the Rally?

Bitget Wallet’s integration with HyperEVM, the Ethereum-compatible smart contract layer powering the Hyperliquid Layer-1 blockchain, has ignited strong momentum across the DeFi sector.

The update expands Bitget’s reach to over 80 million users, granting seamless access to Hyperliquid’s deep onchain liquidity, programmable finance features, and cross-chain transfers.

The move effectively transforms Bitget Wallet into a major gateway for $HYPE token utilities, staking, and governance.

With Hyperliquid’s Total Value Locked (TVL) now surpassing $5 billion, the Layer-1 network continues to attract institutional capital and DeFi builders, strengthening its status among top-performing decentralized platforms.

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Hyperliquid (HYPE) Price Action: Bulls Eye a $50 Breakout

After a stunning 110% rebound since mid-October, Hyperliquid (HYPE) is trading around $47–$49, nearing its all-time high of $59. The bullish structure follows a breakout from a descending wedge pattern, supported by surging on-chain volume and staking rewards totaling over $90 million this month.

Technical indicators reveal a classic bull flag formation, with analysts projecting a breakout toward the $52–$55 zone if momentum holds above $48.

The Money Flow Index (MFI) remains elevated at 63, indicating continued inflows and sustained investor confidence. However, failure to clear resistance could trigger short-term retracement toward $44 support before the next leg up.

Buybacks and On-Chain Revenue Fuel Long-Term Strength

Beyond price action, Hyperliquid’s fundamentals remain strong. The project generated over $111 million in fees over the past 30 days, ranking third among all DeFi protocols by revenue.

Its new $644 million Assistance Fund Buyback program is reducing circulating supply, now 336 million HYPE, providing strong tokenomic support for long-term holders. Meanwhile, the HIP-3 upgrade, which allows new perpetual markets through staked HYPE, is drawing institutional builders and tokenized futures products.

With $1.5 trillion in cumulative trading volume and dominance in decentralized derivatives, Hyperliquid’s ecosystem continues to expand even amid growing competition from Binance-backed Aster.

If bullish momentum persists and HyperEVM adoption accelerates, analysts suggest HYPE could reclaim $55 and test new highs above $60 in the coming weeks, cementing Hyperliquid’s reputation as one of DeFi’s most profitable and innovative ecosystems.

Cover image from ChatGPT, HYPEUSD chart from Tradingview

HBAR Slides 6% in 24 Hours as NYSE Listing Fails to Spark Rally, But Analysts Still See Upside

Hedera’s much-anticipated debut on the New York Stock Exchange through the Canary Capital Hedera ETF (Ticker: HBR) marked a major milestone for the network, positioning it alongside Bitcoin and Ethereum as one of the few cryptocurrencies with a regulated U.S. spot ETF.

Related Reading: Dogecoin Whales Quietly Accumulate Over 320 Million Coins — What’s Coming Next?

The listing initially sparked optimism, sending HBAR soaring over 25% to $0.2191 as trading volume jumped 328% to $1.12 billion. However, the momentum proved short-lived. Within 24 hours, HBAR has slid nearly 6%, retreating below $0.20.

Analysts attribute the decline to profit-taking and broader market caution, as technical indicators flashed mixed signals. Despite this dip, market observers say institutional participation remains strong, fueled by the ETF’s potential to unlock new liquidity streams through regulated exposure.

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Hedera (HBAR) Analysts Split as “Death Cross” Looms

Data from TradingView shows that while HBAR broke above key resistance at $0.206 earlier this week, it struggled to sustain momentum.

Traders now eye support at $0.194–$0.200 and resistance between $0.210–$0.219. A decisive break above $0.21 could reignite bullish sentiment, but failure to hold current levels may lead to a correction toward $0.183.

Some analysts warn that a potential “death cross”, where the 50-day moving average crosses below the 200-day, could confirm ongoing weakness.

Historically, such formations have preceded deeper pullbacks. But others argue that the bearish pattern might already be priced in, as MACD and Aroon indicators suggest renewed upward momentum.

Technical analyst ZAYK Charts highlighted that HBAR’s current formation mirrors a bullish breakout setup seen earlier in 2025, projecting a possible 50–60% upside if buying pressure returns.

Institutional Adoption Narrative Remains Intact

Even as prices correct, institutional confidence in Hedera appears to be building. The NYSE’s multi-asset ETF launch, which also included Solana (SOL) and Litecoin (LTC) products, reflects growing regulatory clarity for alternative blockchains.

ETF strategist Eric Balchunas noted that the HBR ETF’s first-day volume hit $8 million, a promising start for a non-Bitcoin, non-Ethereum asset. Furthermore, 12 additional ETF filings from issuers like Grayscale, ProShares, and T. Rowe Price are pending, showing broader market interest.

Related Reading: Bitcoin Poised For New Run Beyond $125,000? Nasdaq’s Record Recalls 2021 BTC Pattern

While short-term volatility persists, analysts maintain that the HBAR ETF listing marks a pivotal moment for Hedera’s long-term narrative, expanding institutional access and setting the stage for potential recovery once macro conditions stabilize.

Cover image from ChatGPT, HBARUSD chart from Tradingview

Dogecoin Price Struggles at $0.20 Support Amid Whale Selloff and Futures Liquidations

The Dogecoin price is fighting to hold the psychological $0.20 support as large investors continue offloading holdings and leveraged traders exit the market. The Dogecoin price briefly traded above $0.21 earlier this week, but has since slipped by more than 2%, highlighting the mounting selling pressure in the market.

Related Reading: Is The Dogecoin Bull Run Over? Analyst Predicts When DOGE Rallies Again

According to on-chain data, whales have sold over 500 million DOGE tokens in the past week, fueling fears of further downside. The selloff coincides with a sharp 61% drop in futures open interest, plunging from $5.03 billion to $1.95 billion, signaling widespread position liquidations and trader fatigue.

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Futures Liquidations and Weak Technicals Weigh on Momentum

Derivatives data show declining participation across major exchanges, with traders closing out long positions rather than adding new exposure. Meanwhile, Dogecoin’s 24-hour trading volume surged 17.5% to nearly $2 billion, a sign that sellers remain in control even as overall market recovery stalls.

Technical indicators paint a similarly cautious picture. On the daily chart, the Dogecoin price is forming a potential “death cross” between the 50-day and 200-day exponential moving averages, a bearish pattern that often precedes a further drop.

If sustained selling continues, analysts warn the Dogecoin price could fall toward the $0.166 support, which aligns with the lower boundary of its long-term ascending trendline.

However, this same trendline has historically triggered strong rebounds. Previous retests have led to price recoveries of nearly 100%, leaving some traders optimistic that a similar setup could emerge if support holds firm.

Consolidation or Collapse? Key Dogecoin Price Levels to Watch

Currently, Dogecoin price hovers near $0.20 with a market cap of $30.3 billion, holding above the critical psychological zone but struggling to regain upward momentum. The immediate resistance lies between $0.204 and $0.210, while a decisive close below $0.19 could accelerate losses toward $0.18–$0.166.

For now, the balance between whale distribution and new buyer demand will determine DOGE’s next move. If fresh inflows return and futures activity stabilizes, a recovery toward $0.23–$0.25 remains possible.

Related Reading: Bitcoin And Crypto Market Set To Bounce As Rate Cut Probabilities Touch 98.3%

But without renewed conviction from large holders, the Dogecoin price risks extended consolidation, or a deeper retracement before the next bullish wave begins.

Cover image from ChatGPT, DOGEUSD chart from Tradingview

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