HYPE Rockets 50% on Trump's White House Comments

HYPE's native token surged nearly 50% in August, pushing it back toward its all-time high of $77.5 after months of consolidation around $50-$60.

The rapid price increase was sparked by a single sentence from the White House: President Trump mentioned that the Commodity Futures Trading Commission is actively working to bring Hyperliquid into the United States 'in a fully compliant and legal fashion.'

This news, combined with Hyperliquid's impressive revenue growth and market share expansion, has made HYPE one of the loudest stories in crypto.