Hyperliquid’s HYPE token surged approximately 9.05% in 24 hours, reinforcing its bullish momentum as of March 10, 2026. The token’s weekly performance also rose 8.11%, while its trading volume jumped 117.02% to $534.85 million. Market capitalization reached $8.94 billion. Analyst Arthur Hayes projected the price could reach $150 by August 2026.
Hyperliquid‘s HYPE token continued its upward trajectory, gaining roughly 9.05% in the last 24 hours. Its weekly performance also improved by 8.11%, supported by rising trader participation. The token is currently trading at $0.01470, according to CoinMarketCap data.
The 24-hour trading volume reached $534.85 million, a 117.02% increase from the previous day. Market capitalization stands at $8.94 billion, reflecting a 9.01% rise. This data highlights the token’s growing momentum and strong market presence.
A crypto analyst noted the chart shows a completed five-wave Elliott impulse followed by an ABC correction. The price dropped from around $38 to a $23–26 demand zone where strong buying appeared. This area aligns with Fibonacci retracement support, suggesting the correction likely finished.
The price is now entering a key resistance zone between $32.8 and $36.6. These levels correspond to Fibonacci retracements and previous supply zones. If the price breaks through $36.6, it could trigger a powerful bullish movement.
Arthur Hayes has outlined an aggressive growth plan for HYPE, with a price target of $150 expected in August 2026. This represents a near 5x growth from its current valuation of approximately $34. The bullish prediction implies optimism regarding the token’s future adoption.
Traders are weighing their options in terms of risk and reward as HYPE gains momentum in the market. The community and developments may be instrumental in determining whether the token reaches Hayes’s lofty goal.
