Hyperliquid Price Forecast: HYPE Declines 1% Despite Bitwise's Spot HYPE ETF Application
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 26 2025Hyperliquid Price Movement: The price of Hyperliquid (HYPE) has decreased nearly 2% to $42.26, despite an initial boost from Bitwise's filing for a Hyperliquid ETF, which aims to provide regulated exposure to HYPE. The ETF's approval process may take months due to the lack of regulated HYPE futures contracts.
Technical Analysis and Market Sentiment: HYPE is testing a critical support level at $42, with analysts divided on its near-term direction. A break below this level could lead to further declines, while holding it may allow for a rebound towards $55. On-chain data indicates a growing decentralized finance ecosystem, with significant whale activity and institutional investments supporting long-term confidence.
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.
