Hyperliquid (HYPE) Price: Token Climbs Toward $100 After ICE Partnership News and Fresh Burns

TLDR HYPE rebounded from the $78-$80 support zone to about $91.50, with the previous all-time high near $98 back in focus. ICE, the owner of the New York Stock Exchange, plans a regulated US market for perpetual futures built on Hyperliquid. Grayscale says Coinbase passes 90% of the interest on about $6 billion in USDC deposits to Hyperliquid. Hyperliquid burned 72,530 HYPE worth $6.75 million in 24 hours, with $2.98 billion in HYPE/USDC volume. About $16 million in AQAv2 revenue is expected in early November. Hyperliquid (HYPE) rose against the broader market this week. The crypto market faced heavy selling after a $6.3 billion Binance exploit led to $1.5 billion in long liquidations. HYPE moved the other way.

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