NewsBTC •
March 12, 2026 at 22:00 •
Analysis
Hyperliquid (HYPE) has experienced a major 21% price increase over the past week, sharply contrasting with many of the largest cryptocurrencies, which have been trading in negative territory. Despite this positive momentum, a new report suggests that HYPE may still be undervalued compared to its potential. Hyperliquid Reaches Record-Breaking Levels According to a Thursday post from Hyperliquid Daily on the social media platform X (previously Twitter), several factors underscore why HYPE remains undervalued at its current price. First, the trading volume for Hyperliquid has reached unprecedented levels. The asset’s 24-hour perpetual volume stands at $6.48 billion, with open interest recorded at $6.41 billion. Related Reading: Ripple Launches $750 Million Share Buyba...
