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Altcoins & DeFi

Hyperliquid’s ICE Deal Expands RWA Futures as HYPE Price Faces Key Levels

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Hyperliquid is upscaling its institutional aspirations following the revelation by Intercontinental Exchange (ICE), the mother company of the New York Stock Exchange (NYSE) and trade[XYZ], on their intentions to utilize the network in perpetual futures markets for US customers. The new market will include cryptocurrencies, stocks, commodities, forex, and other physical assets based on regulatory clearances. This news adds weight to the institution-oriented story of Hyperliquid, whereas the rise of the HYPE price to $85 has seen analyst Michael van de Poppe highlight $110-$120 as the upside target. Hyperliquid revealed that ICE and trade[XYZ] will make use of their technology to offer perpetual futures markets on cryptocurrencies, stocks, commodities, foreign exchange, and many more real-world assets.

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