Trump Signals Compliant US Pathway for Hyperliquid
HYPE, the native token of decentralized trading platform Hyperliquid, surged over 20% after President Donald Trump mentioned that U.S. regulators are working on a 'compliant and legal' pathway for the platform to serve American users.
Trump's comments at a White House event highlighted the significance of clearer access to the United States in the crypto market. The token jumped from around $62 before the remarks to a 24-hour high of $72.28 on CoinGecko, eventually settling near $70.
The rally reflected expectations of future U.S. access, which could change how HYPE is perceived and valued. However, without published requirements or a stated process, traders remain exposed to uncertainty regarding the implementation's timeline and structure.