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Altcoins & DeFi

Hyperliquid (HYPE) Price: NYSE Owner Picks Its Network and the Token Jumps 17%

Image: CoinCentral

TLDR HYPE rose about 17% to $93.74 on Oct. 29, roughly 4.3% below its all-time high of $97.96. Intercontinental Exchange (ICE) plans regulated U.S. perpetual futures with trade[XYZ] on Hyperliquid, pending approvals. Lookonchain says five whales opened $52.7 million in HYPE longs. Michaël van de Poppe targets $110–$120, while Altcoin Sherpa calls the news a possible spark for the next run. Kraken parent Payward has a separate plan for regulated Hyperliquid perpetuals in the U.S. Hyperliquid’s HYPE climbed 17.4% to $93.74 on Oct. 29 after NYSE owner ICE announced plans for regulated U.S. perpetual futures markets built on the network. CoinGecko showed a 24-hour range of $78.11 to $94.35. The token’s market cap stood near $22.43 billion, with daily volume at $1.73 billion.

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