Hyperliquid Staking Jumps 40% As HYPE Tests $52 Support

Hyperliquid is seeing a massive wave of activity as total staked HYPE tokens jump by forty percent. Users are locking up around 436 million tokens, which shows strong long term belief from the community even as market conditions get tough.

Despite this strong staking growth, the token is facing heavy selling pressure right now. HYPE is sitting near the critical fifty two dollar support level, and traders are holding their breath to see if this price floor can hold against the bears.

If the support breaks, we could see a quick drop toward lower price targets. On the flip side, all those staked tokens reducing the circulating supply might give buyers the exact push they need to start a new bounce.