CryptoSlate reported that Hyperliquid is evolving beyond a simple decentralized exchange (DEX) into an on-chain 'Wall Street platform'. The publication stated, "The price of HYPE recently surpassed $60, recording a year-to-date increase of over 120%. Its market capitalization exceeded $15 billion. This contrasts sharply with major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), which have maintained a bearish trend during the same period. Hyperliquid is expanding institutional capital inflow by integrating brokerage, exchange, and custody functions into a single environment. Currently, Polymarket estimates the probability of HYPE reaching $100 within the year at approximately 30%."
