HYPE's Price Rally Backed by $70B Weekly Volume
The cryptocurrency market has pulled back after hitting an all-time high, with Hyperliquid declining by 3% in recent days. This correction comes despite a significant increase in weekly volume, which has reached $70 billion.
This surge in trading activity is likely to have contributed to the rally seen in HYPE's price, as market participants take advantage of the increased liquidity. The fact that Hyperliquid has still managed to maintain its position at the top of the charts suggests that it remains a popular choice among investors.