Hyperliquid (HYPE) Price Prediction: $70 Target in Sight as Assistant Fund Boosts Price Floor

HYPE is starting the week strong, and the crypto space is taking notice. Hyperliquid price could be gearing up for a major breakout, especially with fresh momentum pushing it closer to all-time highs. After a wave of sideways action across the market, HYPE’s clean uptrend is standing out.

Kicking off the week with strength, HYPE is pushing toward its all-time high with a clean, upward trajectory. As highlighted by Stuart, the price is currently trading above $40.95 after a strong multi-day rally. The dynamic levels are trending upward, suggesting continued strength.

Hyperliquid’s current price is $40.88, up 8.08% in the last 24 hours. Source: Brave New Coin

Volume is increasing hour by hour as well, confirming participation behind the move, not just random volatility. Participants will be watching the $42.50 zone closely as breaking that could mark a fresh leg higher with new all-time highs.

HYPE climbs above $40.95 with rising volume, signaling strong market interest ahead of potential breakout. Source: Stuart via X

Momentum around HYPE isn’t just technical; it’s backed by deep on-chain activity. The Assistant Fund has now accumulated over 25.5 million HYPE tokens, according to on-chain data. That position, currently valued at over $1 billion, was built near the $40 level, signaling high-conviction support from one of the ecosystem’s deepest liquidity sources.

The Assistant Fund’s $1B+ HYPE position near $40 signals strong conviction and helps solidify the token’s price floor. Source: NMTD8 via X

With backing of this size, downside pressure becomes increasingly ineffective. As NMTD8 notes, each passing day that the Assistant Fund holds and adds is effectively raising the price floor. It’s not just a trend, it’s a structural shift.

As HYPE continues to build higher lows and press toward its all-time high, analyst Crypto McKenna has drawn attention to a potential price target of $70 by year-end. The chart shared shows a clean market structure, with the price carving out a series of higher highs and higher lows across the daily timeframe. This stair-step formation indicates strong underlying trend momentum, especially with current candles holding above key support at $40.

Crypto McKenna predicts a $70 target for HYPE. Source: Crypto McKenna via X

With the Assistant Fund continuing to grab the supply and the technical structure pointing upward, HYPE has both the narrative and chart strength to justify the move. If volume continues to climb and resistance at $42.50 breaks cleanly, the Hyperliquid Price Pridiction could come sooner than expected.

While HYPE’s price has already started moving up, new on-chain data from Monet Capital shows it might still be undervalued compared to other perp DEX protocols. A recent chart comparing market cap and open interest puts Hyperliquid well above the trendline, showing strong usage and capital flow. What sets it apart, though, is that it’s one of the few linked to a growing Layer 1 ecosystem.

Data shows HYPE outperforming peers in usage and flow, yet still trading below fair value. Source: Monet Capital via X

This kind of structural advantage means HYPE is setting the pace. With both the fundamentals and on-chain numbers looking strong, there’s a growing case that it could be priced much higher. As HYPE community recognizes the scale of the Hyperliquid ecosystem, HYPE could see significant repricing that goes beyond the typical DEX narrative.

Adding to the ongoing bullish narrative, HYPEconomist has now pointed to a confirmed bottom and a clean setup for HYPE to push toward $50. The 4-hour chart shows a well-defined reversal structure, with the price reclaiming the $40 zone after holding support around $36 to $37. The breakout above local resistance and the formation of a higher low suggest that bullish momentum is building once again.

HYPE confirms a reversal with price reclaiming $40, setting sights on the $50 target. Source: HYPEconomist via X

The structure on the 4-hour chart looks stable, with price holding above previous consolidation levels and steadily pushing upward. There’s no sign of major selling pressure, and the recent bounce has come with relatively clean candle formations. If this steady grind continues and HYPE maintains momentum above $40, the $50 mark highlighted by HYPEconomist could come into play sooner.

While price action has everyone’s attention, it’s the mechanics behind HYPE that are more important. Unlike most tokens that struggle under sell pressure from unlocks, HYPE flips the script with a deflationary model through the Assistant Fund.

On the technical side, the structure remains strong with higher lows on the daily, consistent support at $40, and rising volume all suggesting real momentum is in play. With the price now trading above resistance at $42.50, the setup points to a continuation move.