HYPE surges by double digits as Hyperliquid ETFs attract $25.5M, driven by high demand exceeding token supply cut.

Unusual Whales
2026.05.21 11:29
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The cryptocurrency HYPE, issued by Hyperliquid, experienced a significant increase in value, with double-digit gains recorded in a single day. This surge was driven by high demand from exchange-traded funds (ETFs), which exceeded the token's supply reduction mechanism.