HYPE eyes breakout toward $50 as Open Interest and TVL surge

Key takeaways HYPE is trading above $44 on Wednesday after over 4% gains the previous day. On-chain data shows an increase in user activity on Hyperliquid as TVL and stablecoin market capitalization rise. Hyperliquid (HYPE) traded above $44.00 on Wednesday, extending its rally for a sixth consecutive session as rising derivatives activity and growing platform […] The post HYPE eyes breakout toward $50 as Open Interest and TVL surge appeared first on CoinJournal.