HYPE token drops 8% to $58 as Multicoin Capital, Galaxy Digital, and Selini Capital queue nearly $150 million in tokens for unstaking on

Hyperliquid allows prediction markets with $30M HYPE stake and no validator approval. HYPE reaching $100 by December 31, 2026 at 29% YES.

Hyperliquid launched its HIP-4 upgrade for permissionless markets, requiring a 500K HYPE stake. Price at $100 by December 31, 2026, at 29.5% YES.