Hyperliquid (HYPE) Price Prediction: $55 Target in Sight as Buybacks and Revenue Growth Accelerate

After a powerful rebound from the $37 zone, Hyperliquid is back in the spotlight, fueled by $4 million in daily buybacks and surging revenue figures. The platform’s ability to maintain such aggressive buyback activity during mixed market conditions is catching attention.

Hyperliquid has once again recorded a massive $4 million worth of buybacks in a single day, reinforcing its position as one of the most active protocols in the market. This recurring buyback activity not only reflects strong platform revenue generation but also signals consistent reinvestment into its ecosystem. For participants, steady buyback figures often indicate underlying market confidence, as protocol earnings are directly reinvested to support the token’s value.

Hyperliquid posts $4M in daily buybacks, signaling strong market confidence and sustained ecosystem reinvestment. Source: Hyperliquid News via X

Maintaining such high buyback levels repeatedly indicates that Hyperliquid’s trading activity and fee generation remain robust even during broader market fluctuations. With $HYPE sustaining these figures over multiple sessions, the focus now shifts to whether this pace can trigger a technical breakout in price action.

Hyperliquid’s revenue momentum continues to build, with McKenna noting that the platform’s average daily revenue over the last 30 days sits at $3 million and is projected to climb towards $5 million in the coming months. The accompanying forecast chart shows a clear upward trajectory, supported by a 67.51% growth rate and consistent spikes in daily revenue since mid-2025.

Hyperliquid’s daily revenue averages $3M and is on track to reach $5M. Source: McKenna via X

Hyperliquid’s chart is showing a constructive setup as price hovers within a well-defined demand zone following a recent pullback. RadScalp points out that this zone aligns with a previous consolidation base, giving it added technical significance. If the price manages to sustain here, the chart structure suggests a potential drive toward the $48.50 to $50.00 area, where prior liquidity clusters could act as the next test for bulls.

Hyperliquid holds a key demand zone, with bulls targeting the $48.50–$50 range on strengthening fundamentals. Source: RadScalp via X

The broader context from recent buyback and revenue strength adds another layer to this picture. Sustained capital inflows and a rising revenue trend could support the technical case for continuation, provided that broader market leaders like Bitcoin maintain stability.

JJCrypto_ daily chart is mapping out a clean projection towards the $54 to $55 region, guided by Fibonacci extensions at the 1.272 ($45.32) and 1.618 ($54.92) levels. The recent bounce from around $37.77 came right off a previous structural low, adding credibility to this rebound as a continuation move rather than a short-lived rally. The channel boundaries remain intact, suggesting the current push could be part of a broader ascending trend that has been developing since mid-year.

Hyperliquid eyes the $54–$55 target as price holds its ascending trend, with $45.30 as the key breakout level. Source: JJCrypto_ via X

The key technical watch here is whether price can reclaim and hold above the $45.30 resistance level, as a sustained break would open the path toward the 1.618 extension target. This setup aligns well with the prior consolidation and breakout sequences we’ve seen in Hyperliquid, supported by steady buyback activity and rising platform revenues in recent weeks. With both technical and fundamental underpinnings showing strength, the $55 projection stands as a realistic near-term goal if momentum persists.

The latest 30-day liquidation map for Hyperliquid from HYPEconomist shows roughly $120 million in upside liquidity, with notable clusters building between the $45 and $50 range. This distribution highlights a concentration of short positions that could be at risk if price momentum continues higher, potentially triggering a cascade of liquidations. Given the recent rebound from sub-$38 levels and the established bullish technical structure, clearing these liquidity pockets could act as an accelerant towards the previously outlined $54 to $55 Fibonacci targets.

Hyperliquid’s liquidity map reveals $120M in upside fuel, with key clusters between $45 and $50 that could trigger liquidations. Source: HYPEconomist via X

With $4 million in daily buybacks, rising revenues, and a clear technical roadmap toward the $54 to $55 range, Hyperliquid is showing both the financial firepower and chart structure needed for a sustained push higher. If bulls can keep price anchored above the key $45.30 level, the path to those upper Fibonacci targets looks increasingly within reach.

If the current trend continues, Hyperliquid may not just test the $50 zone; it could punch through it, leaving latecomers scrambling to catch the move.