HYPE Token Surges Past $84 as Treasury Swells and Buyback Capacity Grows

The Hyperliquid (HYPE) token reached an all-time high of $84.80 on Thursday, marking approximately 5% gains over the previous day.

Hyperliquid Strategies' treasury now contains 29.3 million HYPE tokens after securing $646.6 million through a committed equity arrangement in fiscal 2026.

The firm's AQAv2 reserve yield mechanism directs funds toward systematic HYPE token buybacks, estimated at approximately $182 million yearly.

President Trump indicated Hyperliquid may soon become accessible to US traders, with the CFTC developing a compliance framework.

Technical analysis identifies resistance at $89.23, with the subsequent Fibonacci level positioned at $92.37.