$HYPE Stabilizes at $25.54 as Traders Eye Local Bottom Signal
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Price Stability: $HYPE has stabilized at $25.54 after significant declines in December, indicating market interest and a potential accumulation phase that could set the stage for future rebounds.
- Surging Trading Volume: With over $185 million in trading volume in the past 24 hours, market participants remain highly engaged with $HYPE, particularly amid ecosystem activity sparked by the upcoming LIT token launch.
- Team Distribution Impact: Hyperliquid plans to distribute approximately 1.2 million unstaked HYPE tokens to its labs team on January 6, valued at around $31.2 million, which could introduce short-term selling pressure but may also attract more buyers.
- Buyback Mechanism Support: Hyperliquid burns over 48,000 HYPE tokens daily from trading revenues, driving deflation and supporting long-term value, although the market remains cautious about the multi-month outlook.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.








