Hyperliquid (HYPE) Token Soars to New ATH as Open Interest Approaches $12B

Hyperliquid (HYPE) surged to a fresh all-time high of $37.44 on May 23, 2025, fueled by a wave of investor interest and intensified derivatives activity. Although it now trades slightly lower at $34.28, the token maintains a daily gain of 1.61%, signaling continued bullish momentum. This momentum aligns with the