Why Hyperliquid Could Be the Biggest Crypto Trade of 2026 (HYPE Analysis)

Added: 2026-05-05

[00:00:00]If there's only one crypto that I could buy apart from Bitcoin, this would be it. I'm talking about hype, Hyperliquid's token.

[00:00:07]So, if you by any chance don't know what Hyperliquid is, you've been living under a rock for sure, but we are experimenting one of the biggest revolutions in finance right now in front of our eyes. Hyperliquid is becoming the powerhouse to all finance as they claim. This means that you are going to be able to access global liquidity for whatever asset you want to trade, whether that is Bitcoin, any other crypto, oil, gold, silver, real-world assets, and coming in the future, even prediction markets, all inside one [music] place. This is what Hyperliquid is claiming and wants to become, the centerpiece that connects all the different fields and all the different options in finance. So, today I'm going to be talking a little bit more in depth why I think Hyperliquid will eventually get past three digits in future and even more and surpass it by far because there is no second best and Hyperliquid is currently delivering what no other could. Every single week, every single month, there's new updates, there is new bullish news about Hyperliquid and it is slowly or not so slowly climbing to the top of the leaderboard.

[00:01:11]Now, let's take a moment to look at the chart. You can see right here from the lows of $20 how it has steadily climbed to 45 bucks yesterday and it is not stopping anytime soon. And this is a pump that only Hyperliquid has experimented, all right? It's been growing steadily for the last couple of months. Now, this is where it gets crazy, all right? This is basically because institutional money, smart money, is realizing what's going on. And today I want to share with you guys what I think may be driving this price action and what may be driving hype past $100 sooner than we expect. Let's get straight into it. Leave a like, make sure you subscribe, and let's just dive into it. I want to show you guys some stats. This is Dune. Here you can check out on-chain data and I think this dashboard right here sums up pretty well what's going on behind the scenes, why Hyperliquid is climbing, and what we can expect in the future. So, the first thing I want to point out is this right here, this chart. Daily volume and users. So, as far as the volume, we've seen better times. I mean, you can see in July, in October 2025, we were seeing crazy numbers. So, this for example was in one day 55 billion, all right?

[00:02:20]Obviously, this is an outlier, but we could see days with 30 plus billion and this was sustained, all right? This wasn't just an outlier like this day for example, which was absolutely insane, 65 billion, all right? So, that's obviously an outlier, but you can see that the volume was pretty steadily over 30 billion. Now, in December 2025, we were seeing lower numbers. Of course, there were days of 4 billion, 5 billion. And right now, we are starting to see a decent recovery in terms of volume. We are already seeing days of almost 20 billion. Obviously, there was a peak right here in February, but the point here is we are starting to see a little bit of a climb in terms of volume, all right? Which is amazing, but what I think is way more relevant is the new users. You can see right here the numbers. This is only the beginning of Hyperliquid, all right? They want to onboard a lot of people into their platform because it can become absolutely huge, all right? And I'm talking numbers that we are not even considering right now on-chain, all right? So, we can see that not that long ago in April 2025, there were around 600, 500 new users in Hyperliquid and we are now starting to see crazy numbers, all right? 7,000, 8,000 almost new users in a single day, all right? I think this is relevant because this kind of shows the rate of adoption, right? And this also may be explained because of the real-world assets that you can now trade inside Hyperliquid. You can trade the S&P 500 with leverage. You can trade oil. You can trade commodities. You can trade so much assets that you couldn't before.

[00:03:47]And the volume is looking very promising. It's growing at a very fast pace. People are actually using Hyperliquid to trade oil prices, to trade gold, to trade so much assets when crypto is kind of dead.

[00:04:00]This is what's really crazy. This is not just about crypto, all right? This This is becoming something much bigger and much greater than just crypto alone.

[00:04:08]It's kind of bridging like crypto and TradFi where you are going to be able to trade on traditional assets, traditional finance is going to be able to exist in this future that Hyperliquid is presenting. So, here you can see RWA trading on Hyperliquid continues to reach new all-time highs week after week, surpassing 2.3 billion in open interest. And as this account points out, this represents a massive surge from 260 million, 790 million in early 2026, 1.3 billion to 1.43 in March, 1.74 in Q1, and now 2.3, all right? This number is steadily climbing. People are realizing that they can access programmable liquidity with leverage to trade the assets they want to trade on Hyperliquid and this is so big. This can flip crypto, all right? It can definitely flip Bitcoin, Ethereum, etc., etc. in terms of volume and in terms of activity for users, right? Because crypto is obviously going to grow. This is not to be like in terms of what I think of crypto and Bitcoin, etc., but I think or even better is not just what I think, it's a fact. The volume, the liquidity, and what bridging TradFi into Hyperliquid can achieve in terms of volume and users, etc., etc. is no match, all right? Other interesting graphs as you can see right here. This is accumulative trades and users.

[00:05:18]Obviously, this looks like Mount Everest. Community volume and inflow, which is also interesting. And again, HitBTC, which is going to be introducing prediction markets, is going to attract so much volume as well. I will be making a video on that as well when it happens.

[00:05:31]Please make sure you want it in the comments below, but let's keep going.

[00:05:34]But the point here is to understand the reasons behind the price action of Hyperliquid, the reasons why we've seen a surge from 20 to $45 and why we will probably be seeing all-time highs sooner than expected and surpassing three digits as I mentioned before in a not-so-distant future. Hyperliquid is unmatched. There is no second best.

[00:05:54]There is nothing that comes close to it.

[00:05:56]It's been integrated everywhere on MetaMask, Phantom, so much front-ends, so many players in the crypto space are integrating Hyperliquid into their back-end because it is where you find liquidity. There is no spread. There is liquidity everywhere. It is so easy to trade in Hyperliquid. They have just introduced an amazing off-ramp option as well. As you can see right here, zero fee on an off-ramp usdh.com.

[00:06:23]That is just amazing, all right? This is what we need to introduce so many people into Hyperliquid, all right? Seamlessly on and off-ramp to your bank and brokerage. It's it's insanely simple and easy with this new feature that Native Markets just announced. All right, guys, so that is pretty much it for this video. I just wanted to talk a little bit about Hyperliquid. I am more bullish than ever. It represents a big, big allocation of my portfolio and I strongly believe in the team, in the use case, in it becoming the powerhouse to all finance. I honestly think it is unmatched and undervalued, honestly, I think. There is many more reasons that I haven't covered in this video, but I just wanted to cover some of them in this video and just go over a little bit of why I think this is a no-brainer in my eyes. Of course, this is not financial advice as always. I just feel like there is so many people out there that don't actually realize the potential of this project and this amazing platform that they are the team is building. So, this is mainly why I wanted to cover this in this video.

[00:07:23]Obviously, this this is just my opinion and I just wanted to share with you guys. So, that is pretty much it. Make sure you subscribe if you haven't already and if you enjoyed the video, please let me know in the comments below and I will catch you guys in the next video.

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