Hyperliquid price overtakes Solana as HYPE defies crypto market crash

Hyperliquid (HYPE) rallied to fresh all-time highs near $75 after Grayscale launched a Hyperliquid Staking ETF. The launch adds to existing Bitwise and 21Shares products, which have attracted more than $136 million in net inflows. The story also cites strong platform activity, buyback-driven tokenomics, bullish technicals, and a major whale short capitulation, with traders now eyeing upside toward $100.
AI Analysis
The article reports a new ETF launch, strong net inflows, and a move to all-time highs near $75, all of which are concrete market-moving developments. It also notes a whale short capitulation and bullish technicals, supporting near-term upside interest.