Cantor Fitzgerald’s $200 Billion Hyperliquid Call Just Reframed the HYPE Trade

From BeInCrypto

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BeInCrypto • December 17, 2025 at 07:20 • News
A 62-page report from Cantor Fitzgerald models Hyperliquid’s HYPE token reaching a $200 billion market cap in 10 years, based on $5 billion in projected annual revenue and a 50x earnings multiple. The investment bank began overweight coverage on two digital asset treasuries linked to the protocol, marking a shift in how Wall Street values
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