Hype Price Bounces Back Above $80 Amid Regulatory Developments

Hype (HYPE) has seen a price recovery after plummeting to around $77 on Sept. 6, now trading near $81 as of Sept. 14.

This upward move comes after market reports highlighted that Hyperliquid L1 had moved from eighth to seventh in chain total value locked rankings, surpassing Arbitrum, both holding roughly $1.40 billion in TVL at the time.

The protocol's total value locked stood at $6.73 billion, up 11.6% over the past 30 days, according to MSB Intel.