HYPE Outperforms Rivals With Double-Digit Gains
Hyperliquid’s native token HYPE has become one of the week’s strongest performers. It surged 23%, outpacing many rivals in a recovering crypto market. This rally has drawn attention from traders and institutions alike. Analysts credit ecosystem growth, whale accumulation, and ETF speculation as the main catalysts. Together, these forces have made HYPE one of the top altcoins to watch in September 2025.
Stablecoin Battle Over USDH Sparks Ecosystem Excitement
The launch of USDH, Hyperliquid’s native stablecoin, is creating fierce competition. Issuers such as Paxos, Frax Finance, Sky, and Agora are fighting for the role. Paxos recently partnered with PayPal, offering incentives like HYPE listings and $20 million in rewards.
Rival projects have pitched revenue-sharing and neutrality models to win community support. This high-stakes contest is driving credibility and long-term growth potential for the Hyperliquid ecosystem.
Paxos Gains Edge With PayPal Partnership
Paxos has strengthened its USDH proposal with a major PayPal integration. The deal includes free stablecoin on/off-ramps and ecosystem rewards for users. Such partnerships highlight the potential of USDH to gain global adoption quickly. Competitors face pressure to match these terms or risk falling behind. As excitement grows, HYPE benefits directly from the spotlight on Hyperliquid’s infrastructure.
Whale Accumulation Signals Rising Confidence
Whale activity has added momentum to HYPE’s recent rally. Large transactions from major wallets indicate accumulation at current price levels.
This buying pressure has coincided with institutional interest in Hyperliquid’s trading infrastructure. Whales often act as early movers, signaling confidence in long-term growth. Their activity reinforces bullish sentiment and reduces selling pressure in volatile markets.
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BitGo Custody Opens Doors for Institutions
BitGo’s recent support for HyperEVM has been another bullish driver. The integration enables institutional investors to securely custody HYPE. This provides compliant access for funds, market makers, and high-net-worth investors.
Institutional-grade custody often paves the way for wider adoption and liquidity. With BitGo on board, Hyperliquid is gaining credibility among traditional finance players.
Rumors of HYPE ETF Fuel Investor Optimism
Speculation around a VanEck HYPE Spot Staking ETF is lifting market sentiment. Reports suggest filings could arrive in both the U.S. and Europe.
If approved, the ETF would channel profits into HYPE buybacks, increasing demand. It would also mark HYPE as one of the youngest tokens to secure such a product. Traders are already pricing in institutional inflows from this potential milestone.
Technical Outlook: Resistance Ahead but Momentum Strong
At press time, HYPE trades near $55.80, extending its rally from $47.00 support. Resistance lies at $58–$60, with potential upside targets of $65–$70. The RSI sits at 67.64, showing strong momentum but nearing overbought conditions.
MACD indicators confirm bullish strength, though short-term pullbacks remain possible. Overall, fundamentals and narratives suggest HYPE could maintain upward pressure in the weeks ahead.
