Hyperliquid (HYPE) Rises 4.4% as Bulls Eye Third Breakout Above $76.70 High

Hyperliquid (HYPE) traded near $71.82, up 4.4% in 24 hours, as bulls attempted a third breakout above the $76.70 all-time high after a roughly 250% rebound from its January low near $20.50. According to BeInCrypto, support is tied to record protocol revenue and US spot HYPE ETF inflows, while monthly token unlocks and rising regulatory scrutiny remain key headwinds. Hyperliquid topped $1 billion in cumulative protocol revenue on June 30, and a July 6 unlock of 9.92 million HYPE was valued at around $645 million. MAS added Hyperliquid to its Investor Alert List in late June; CME and ICE executives also urged the CFTC to review the platform’s commodity perpetuals.