On June 16, Hyperliquid Strategies rose 10.81% in regular trading, trading at $10.3/share, with turnover of $21.1248 million.
On the news front, traditional exchange ICE recently announced joining the Hyperliquid ecosystem, reinforcing market expectations for the company's long-term growth trajectory. Multiple institutions had previously issued buy ratings with a target price of $18, implying significant upside from current levels.
The stock had previously been under sustained selling pressure due to large-scale HYPE token unlocks, with shares falling from a high of $11.69 for a cumulative decline exceeding 35%. As unlock-related supply pressure has gradually been absorbed, the rebound has accelerated. Institutional research highlighted that Hyperliquid commands a 31.9% market share in perpetual DEX trading, generates annual platform revenue exceeding $600 million, and trades at roughly half the valuation of traditional exchange CME, suggesting significant undervaluation.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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