Hyperliquid Surges Past $89.60, Sets Sights on $100

Hyperliquid (HYPE) has reached a new all-time high of approximately $89.60 on September 6, according to exchange market data.

This surge pushed HYPE's market capitalization into the upper tier of cryptocurrencies, with its market cap around $19.8 billion and ranking ninth among cryptocurrencies at the time of its latest snapshot.

With a strong momentum and elevated trading volume, the token has broken through established resistance levels, leaving few technical indicators to guide traders as they look toward the psychological level of $100.