Lion Group Treasury Shift Drive HYPE Token to $55 Record
Lion Group Holding Ltd don do disciplined treasury reallocation, dem swap dem Solana (SOL) and Sui (SUI) holdings for Hyperliquid HYPE token. That HYPE token rally reach near 10%, hit record $55 and make market cap pass $18 billion. Hyperliquid na Layer 1 blockchain wey dey power decentralized perpetual futures exchange, dem generate $409 million user fees inside six months—23% higher than Ethereum (ETH) and 75% higher than Solana. Annualized trading volume for Hyperliquid don reach $1.95 trillion. Institutional support strong wella after BitGo launch HYPE EVM custody for USA. This move show say the institutional confidence dey grow and e highlight the rising DeFi market strength for HYPE token.
Bullish
Di news wey talk say Lion Group don shift dem treasury money go HYPE token plus BitGo wey dey provide US custody support, e mean say HYPE get strong backing from institutions and e get more liquidity now. For short term, e go make price dey go up well well as traders dey expect say more institution go dey put money inside and market demand go increase. For long term, Hyperliquid get steady fee generation and high trading volume wey fit support strong growth for DeFi perpetual futures market, e show say confidence dey for better growth.