HYPE Token Surges Over 100% Amid Market Expansion

HYPE has emerged as one of the strongest performing tokens since the onset of the Iranian conflict. According to Odaily, its rise is largely attributed to the platform's expansion beyond crypto assets, including the introduction of perpetual contracts linked to crude oil prices and the recent launch of SpaceX Pre-IPO perpetual contracts. This trend indicates that exchanges are increasingly offering high-volatility products tied to traditional market assets, moving beyond simple crypto narratives. The importance of crypto infrastructure itself is becoming more pronounced. HYPE has surged over 100% from its 2026 low, maintaining strong upward momentum. Despite crowded high-confidence long trades around HYPE, its performance relative to Bitcoin remains notably strong.