Hype Price Soars Near All-Time High as Hyperliquid Expands Lending Infrastructure

Hype's price has shown renewed strength after rebounding from the $76 support level and now trades near its previous all-time high of around $89.60.

The token's recovery is partly due to Hyperliquid expanding its lending infrastructure, allowing users to supply HYPE or Bitcoin as collateral for quote assets like USDC and USDT.

On-chain data also shows fresh HYPE buying activity from major asset managers 21Shares and Bitwise, which could influence the next phase of HYPE's price action.