HYPE Hits $50 All-Time High as Hyperliquid Targets Breakout to $73

Hyperliquid (HYPE) has set a new all-time high (ATH) at $50, marking a key milestone.

With strong technical momentum and an outstanding growth story, HYPE is now facing the opportunity to break out toward $55–$73 in the short term.

From “Niche DEX” to An Institutional Asset in Focus

Data from BeInCrypto Market shows that Hyperliquid (HYPE) reached a new ATH of around $50.99 before pulling back slightly. This move signals an important psychological threshold as the ecosystem’s market capitalization and liquidity expand.

The new ATH for HYPE comes as BitGo announced custodial support for HyperEVM/HYPE for institutional clients. Support for a standardized custody channel, self-custody options, and an extensive wallet infrastructure enable institutional capital to participate.

From a technical perspective, the $50–$51 zone represents a clear resistance level, coinciding with the fresh ATH. If this zone flips into support, the bullish trend structure would gain a second confirmation.

Some technical analysts highlight that the current breakout could extend toward $55. This aligns with the nearest measured move target after breaking short-term consolidation.

4H HYPE chart. Source: Ali on X

On larger timeframes, momentum signals suggest HYPE may advance to the 1.618 and 2.618 Fibonacci extensions, around $58 and $73. This advance is contingent on the rally sustaining and no bearish divergence emerging.