Binance Activates Spot Trading for Hyperliquid's HYPE Token

Binance has activated spot trading for Hyperliquid's native HYPE token, introducing three new pairs to its platform.

The available pairs include HYPE/USDT, HYPE/USDC, and HYPE/TRY, with exclusive access to the TRY pairing granted to Binance TR users in Turkey.

A prominent wallet identified as 0x6436 has been accumulating HYPE tokens since late August, purchasing a total of 373,730 tokens valued at approximately $36 million in September alone.

Market analysts have predicted that HYPE's price may surge towards $210, with key resistance barriers identified at $110, $130, and $180.