Hyperliquid gains more than 20% after regulatory push from Trump for US compliance
Hyperliquid (HYPE) jumped 20.08% after President Donald Trump revealed that the Commodity Futures Trading Commission is working on a compliant legal framework to bring the Hyperliquid decentralized perpetual futures platform into the US. The scale of the rally is supported by strong bullish momentum, with HYPE trading firmly above all its major moving averages.
Highlights
- The Hyperliquid token surged after President Trump announced the CFTC is seeking to make the Hyperliquid perpetual futures platform legal in the US.
- Demand increased for HYPE and regulated assets including ETFs and shares of Hyperliquid Strategies Inc., which holds HYPE tokens in its treasury.
- HYPE/USD is in a strong uptrend, trading above key moving averages with a projected 5-day range of $64.77 to $82.01 and consolidation likely near current levels.
Demand surges as regulatory prospects and SEC proposal draw flows
The Hyperliquid token advanced after President Donald Trump announced the Commodity Futures Trading Commission is seeking to enable the Hyperliquid perpetual futures platform to operate legally in the US. The move triggered heavy demand across both HYPE and related regulated assets, including ETFs and shares of Hyperliquid Strategies Inc., which holds HYPE tokens in its treasury. Hyperliquid also submitted a regulatory proposal to the SEC for US retail access to pre-IPO perpetual contracts, though no approval has been granted to date and compliance discussions continue.
Momentum persists as price exceeds all moving averages despite overbought signals
HYPE/USD is currently trading above all major moving averages, with the price well above the MA-20 ($56.28), MA-50 ($60.35), and MA-200 ($48.53). This alignment signals established bullish momentum for short-, medium-, and long-term outlooks, with the near-term ceiling at $74.52 and immediate support at $72.57. Momentum readings are strong, indicated by the Relative Strength Index (RSI) at 73.3 (Buy), with overbought flags from the Stochastic RSI (100), Commodity Channel Index (CCI) at 352.67, and Bull/Bear Power (BBP) at 13.69. Buyers clearly dominate intraday momentum, as confirmed by BBP and the Awesome Oscillator (AO), which also posts a buy signal. The day started with a notable upside gap, opening approximately $8.58 or 14.04% above the previous close, and price is now near session highs at $73.39, up $12.27 or 20.08%. Intraday volatility stands at 8.95%. The tone remains strong into the highs, with momentum and price action confirming each other despite some indicators flagging overbought conditions.
Previously it was reported that regulatory engagement and strong technical momentum positioned Hyperliquid for ongoing consolidation and further upside, with market participants advised to watch for developments in U.S. compliance efforts. The current advance confirms and extends that outlook, with traders now monitoring $74.52 as a near-term ceiling and $72.57 as immediate support to gauge sustainability of the latest rally.