Hyperliquid HYPE Rallies Toward New Highs On US Expansion News

Hyperliquid is seeing a massive surge as its native token, HYPE, jumps 21.3 percent in the last 24 hours. The token is now trading within 6 percent of its record high of 76.87 dollars. This bullish momentum follows comments from President Trump, who suggested that the CFTC is working to bring the exchange into the United States in a legal and compliant manner.

The broader market is also feeling the heat from recent political updates. During a recent event with crypto industry leaders, the President hinted at potential government plans to hold Bitcoin. This news helped spark a recovery across the board, pushing Bitcoin back above 69,000 dollars and lifting overall investor sentiment after a long period of quiet.

HYPE has been a standout performer throughout 2026. The platform saw increased activity even while other assets struggled, largely thanks to its popularity for futures trading. The exchange buys back tokens using fees from its platform traffic, which has created steady upward pressure on the price. With the possibility of a US launch on the horizon, traders are watching closely to see if HYPE can push past 100 dollars.

Investors should keep in mind that there is no official timeline for the US expansion. While the momentum is currently strong, any delays or regulatory hurdles could lead to a price correction. The market will be watching for further updates from the CFTC and the exchange to confirm when and how this potential entry will move forward.