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Altcoins & DeFi

Hyperliquid Ranks First in Grayscale’s Tokenholder Yield as HYPE Price Eyes Rally

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Hyperliquid’s HYPE token is attracting attention after ranking first in Grayscale’s latest tokenholder return rankings, according to Hyperliquid Daily. HYPE recorded an 8.0% return, while its adjusted profit return reached 9.8%, placing it third in that category. Meanwhile, crypto analyst Ian Cooper identified a trading range between $76 and $98, describing the lower boundary as a potential buying opportunity. These developments have placed Hyperliquid’s fee-driven buyback mechanism and the HYPE price’s ability to recover toward resistance in focus. According to Hyperliquid Daily, HYPE secured the top position in Grayscale’s latest tokenholder return rankings, recording an 8.0% return. LIT followed closely at 7.9%, while CAKE registered 2.6%. However, the adjusted profit return rankings presented a different picture. HYPE placed third at 9.8%, behind CAKE at 14.4% and LIT at 14.1%.

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