The HYPE price has continued its climb, reaching a new all-time high of $55.13 before easing slightly. At press time, Hyperliquid price trades at $53.64, holding steady after breaking out of a long consolidation phase. The breakout has drawn attention to higher Fibonacci targets that extend beyond recent highs. With Lion Group reallocating treasury holdings and VanEck’s CEO publicly backing the ecosystem, the outlook for HYPE price remains strong.
HYPE Price Breakout Sets Clear Roadmap Toward $88 Target
The HYPE price recently broke free from an ascending triangle, a pattern that had been forming since early summer. This move ended weeks of sideways consolidation and created a stronger foundation for further gains
Currently, Hyperliquid price is trading just above $53, holding well above the breakout support of $53.34. Fibonacci levels highlight $60.04 as the first checkpoint, followed by $70.88 and $81.72.
The extension structure ultimately points to $88 as the key target in this rally cycle. Volume patterns and consistent support suggest that this advance is backed by sustained buying interest rather than short-lived spikes.
While minor pullbacks may occur along the way, the chart setup continues to favor further growth. This outlook supports a long-term HYPE price prediction that places $88 firmly in focus.
Institutional Confidence From Lion Group And VanEck Reinforces HYPE’s Path To $88
Lion Group, a Nasdaq-listed company, recently revealed plans to shift its Solana and Sui holdings into HYPE through a gradual accumulation strategy. By spreading out its purchases, the firm aims to manage costs effectively while building a stronger position in the Hyperliquid ecosystem.
The move aligns with its strategy of long-term portfolio optimization and coincides with HYPE price reaching new highs.
Reinforcing this sentiment, VanEck CEO Jan van Eck publicly declared that “we are bullish Hyperliquid,” confirming that his firm has been an active participant in the ecosystem for months.
His remarks, combined with Lion Group’s treasury reallocation, highlight growing institutional confidence in Hyperliquid’s trajectory. Together, these endorsements provide both credibility and momentum, making the case for HYPE’s path toward $88 even more compelling.
Is $88 Within Reach?
The HYPE price has established a strong technical foundation with its breakout and Fibonacci roadmap pointing higher. Lion Group’s treasury reallocation and VanEck’s public endorsement add further weight to the bullish case. These combined factors suggest that the $88 target is not only realistic but also strongly supported by both technicals and institutional confidence.
Frequently Asked Questions (FAQs)
Lion Group is gradually reallocating its Solana and Sui holdings into HYPE as part of a strategic treasury shift.
VanEck’s CEO confirmed long-term participation in the Hyperliquid ecosystem, adding credibility and institutional trust.
The project combines Layer-1 blockchain performance with perpetual futures exchange features and expanding governance participation.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.