Can Hyperliquid Break the Trump Crypto Curse?

President Donald Trump officially endorsed Hyperliquid on Wednesday during a meeting with finance and tech executives at the White House. The token reacted quickly to the news, jumping 14 percent within two hours. At the time of this report, the token is up over 21 percent over the last day and holds a market cap of nearly 16 billion dollars.

This endorsement is unique because it mentions a clear regulatory path. Trump stated that Michael Selig, the chairman of the Commodity Futures Trading Commission, is working to bring the platform into the United States in a legal and compliant manner. This focus on actual federal policy distinguishes the current situation from past promises that lacked concrete follow up.

Investors are right to remain cautious. Previous Trump endorsements, including coins like XRP, Solana, and Cardano, have largely failed to hold their value. Data shows that his past picks typically peaked shortly after his remarks before falling an average of 60 percent. Many of these tokens never regained their initial momentum once the hype faded.

All eyes are now on the Commodity Futures Trading Commission. The agency is holding an innovation advisory meeting where officials may provide more details on how decentralized platforms can operate legally in the country. Whether Hyperliquid can defy the historical trend will depend on whether this regulatory talk turns into official policy over the coming months.