Arthur Hayes Predicts HYPE Token Could Surpass Solana, Cites Layer-1 Innovation and Market Momentum
Arthur Hayes, co-founder and former CEO of BitMEX, has made a high-profile prediction that the HYPE token from Hyperliquid could outperform Solana (SOL) and potentially enter the top ten cryptocurrencies by market capitalization in the upcoming bull market. Hayes highlights Hyperliquid’s advanced Layer-1 blockchain, featuring the custom HyperBFT consensus mechanism and handling up to 100,000 transactions per second, as a main driver of his bullish outlook. The HYPE token price recently leaped from $13 to $30.77, marking a 291% gain in 90 days and outperforming the overall crypto market. Metrics show $8.9 billion in open interest, $5.4 million in 24-hour fees, and $3.2 billion in USDC total value locked, pushing HYPE’s market cap above $10.25 billion and into the global top 20. Trader sentiment was further fueled by high-profile leveraged trades, such as a $1.1 billion long Bitcoin position on Hyperliquid that netted $17.5 million in unrealized profit, signaling strong confidence in the platform and its token. Hayes warns that if Solana fails to break the $180 resistance and dips to the $140-150 range, investor attention may swiftly pivot to HYPE, accelerating its growth toward a possible $100 price target. While market analysts urge traders to diversify and stay vigilant due to the fast-moving crypto landscape and influential statements, HYPE is increasingly viewed as a top altcoin to watch, especially as its technical innovation and endorsement by leading industry figures drive heightened market interest.
Bullish
Arthur Hayes’ bullish forecast for the HYPE token, coupled with its recent substantial price surge and strong technical fundamentals, signal heightened trader optimism. Key performance metrics—including soaring open interest, high transaction throughput, and growing market cap—reinforce positive sentiment. The shift of influential traders and leveraged positions to Hyperliquid further bolsters the perception of momentum. Although a minor short-term correction occurred due to whale activity, the overall trend remains upward. Additionally, if Solana experiences resistance and loses investor focus, further capital rotation into HYPE is likely. As such, the news is expected to have a bullish impact on HYPE in both the short and long term.