- The hype token hit hits reached $59.29, with $2.7 billion locked into high liquids.
- Circle supports the ecosystem with USDC launch and first hype investment.
High lipids are back in the spotlight after its hype tokens climb to fresh, highest heights. The price eased at $58.68 after early trading on September 18th, price reached $59.29. The day’s move added more than $1.2 billion to market value.
The rally occurred during a period of increased trading activity, reaching $2.7 billion in total value locked on the platform (TVL).
Hype benefits trading activities and strong demand
Hype This week it quickly became one of the most talked about tokens. CoinMarketCap data shows daily trading volumes increase by 50% to around $467 million. That surge in demand has given us a stable upward pressure on tokens.
Meanwhile, Nansen, an analytics company on the chain, highlighted one trader who placed a heavily leveraged bet on the hype. The position was worth more than $30 million and showed profits of more than $1.3 million. The fact that traders continued to add to their positions sent a strong signal of trust to the wider market.
Market figures like Bitmex founder Arthur Hayes also took part in the discussion. Hayes scored a new high in a short post on social media that read “The Best Hype of All Time.” He previously suggested that continuing growth in Stablecoin would result in a significant rise in hype.
The chart shows that token trading is close to a critical resistance level $55below 3.31% In 24 hours. in front It was mentioned In our report, pushes beyond that point could potentially benefit even more towards $65. At the same time, some attention is paid as the tokens are approaching the level they were bought. As momentum slows, support is near $52 and deeper around the mid-range of $40.
The $2.7 billion growing TVL shows that more funds are trapped in high lipid ecosystems. This has increased trust and interest from both traders and new users. Related news is CNF It has been reported The high lipids have handled a permanent futures trading volume of over $1.5 trillion over the past year.
Circle brings USDC to high lipids
Another driver of High fat It was a partnership with Circle. Exchange recently launched native USDC and CCTP V2 on its HypereVM network. This allows users to access one of the most widely used dollar stub coins with direct deposits and cross-chain movements.
In particular, Circle has also become a direct stakeholder of high lipids thanks to its initial investment in hype tokens. The company said it is considering supporting builders working on HypereVM and HIP-3 projects and becoming validators.
High lipids are shaped into the main force of the crypto market as tokens are at record levels, billions are trapped in the platform and retreat from the circle. nevertheless, It’s attracting attention In previous news briefs, Hyperliquid has a strong gathering. This was driven by the announcement that BITGO would provide custody services to institutional investors.
