According to foreign media, the original HYPE currency remained relatively strong at a time when most encrypted assets were under pressure in 2026. The article argues that the increase in the number of Platform transactions and the level of user activity is the main reason for the performance of the HYPE during the year, but the subsequent trend is still dependent on whether the overall market warms up.
The year was a time of history.
According to CoinGecko data quoted in the text, hype rose to 76.87 dollars in June this year, a record high. Although the higher point has since fallen by more than 22 per cent, the token was listed as one of the more well-performing encrypted assets in 2026.
According to the article, HYPE rose by 7.5 per cent in nearly 7 days and by 9.5 per cent in nearly 14 days. Against the backdrop of the weakening of most mainstream encrypted assets, this performance continues to attract market attention.
Platform trading activity provides support
According to the article, the increase in hype is related to the increased use of the Hyperliquid trading platform. Particularly during the escalation of the US-Iraq conflict earlier this year, some investors turned to the platform to trade in crude oil futures, leading to an increase in the number of platform clients.
It was mentioned that Hyperliquid provided 24 hours of uninterrupted trade, which at the time was an important factor in attracting traders. By contrast, the length of transactions on some traditional trading platforms is more limited.
Following that, the overall market direction
However, the article also notes that hype is still facing external constraints because of its continued strength in the months following 2026. There is still a lack of clarity about the current broader encryption market, and the movement of Bitcoin remains the main observation indicator.
According to the text, bitcoin currently faces greater resistance between $64,000 and $65,000. If bitcoin breaks $70,000, there may be a more visible rebound in the overall market and further support for hype.
