In a meeting with the encryption industry in the White House, Trump mentioned that the Chairman of the CTC, Michael Selig, was pushing Hyperliquid to enter the United States market by legal compliance. After the news came out, HYPE quickly went up from about US$ 62 to US$ 72 at one time and then back to the vicinity of US$ 69 to 70.
At present, Hyperliquid still limits its use to users in the United States. This statement by Trump does not mean that the platform has received regulatory approval and is closer to a signal: For its part, the United States is working on a viable compliance access path.
The White House's statement led to a market reaction.
A statement was made at the White House meeting on August 19th. Participants included representatives of the encryption industry and projects, including Coinbase, Ripple, a16z and Chainlink.
Hyperliquid is a web-based derivatives trading platform that provides, inter alia, secure and sustainable contract transactions. Unlike traditional centralized exchanges, such platforms can be tracked in chains through the filing, transaction and liquidation processes.
The report mentions that Hyperliquid is already one of the important platforms for encrypting long-term transactions, but that United States users are still restricted and cannot be accessed directly.
Access to the United States or through licensed entry points
It was mentioned that a possible option was not simply to remove United States regional restrictions, but to provide a compliance portal to United States licensed brokers, responsible for customer clearance, material processing and compliance processes.
Under this structure, Hyperliquid may continue to operate as a bottom-up trading place, but does not hold direct customer funds. In other words, change is more likely to begin with access to the United States market than with an immediate overhaul of the entire platform.
However, this path also raises concerns among some users. If United States access is based on stricter identification and regulatory requirements, the original anonymity and use experience of the platform may be affected.
Why is Hype responding so obvious?
At the heart of the rapid push-up of the HYPE market is the expected growth in United States turnover. The report cites data that Hyperliquid earned approximately $41.7 million over the past 30 days of fees, of which approximately 97 to 99 per cent was used to buy back the HYPE.
If the United States market opens up in the future and the number of platform transactions rises, it means that the scale of the fees may increase, leading to more HYPE purchases and a reduction in marketable chips. This is also the main reason for the news that the prices of future generations have grown rapidly.
However, there are still supply pressures that require attention in the short term. It was reported that 9.92 million HYPE were to be unlocked on September 6, and that there might be some pressure on the market.