Hyperliquid (CRYPTO: HYPE) could emerge as one of crypto’s strongest performers in a bull market after outperforming during the downturn, with U.S. access as another bullish catalyst cited by analysts.
What Will Drive HYPE?
"HYPE was the best-performing asset in the bear market," pseudonymous veteran trader Pentoshi said in an X post on Aug. 21, as the token gained 33% over the past three months.
Hyperliquid Strategies Inc (NASDAQ:PURR) surged 26% during the same period.
By comparison, major cryptocurrencies Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and XRP (CRYPTO: XRP) rose between 1% and 15% over the same period.
