Binance Considers Spot Listing Hyperliquid’s HYPE Token After Futures Launch; Price Faces Key Resistance
Speculation is rising that Binance may soon list Hyperliquid’s HYPE token for spot trading, following its launch of HYPE perpetual futures with up to 75x leverage on May 30, 2025. This move, combined with public comments from BitMEX co-founder Arthur Hayes—who predicted HYPE could reach $100 and questioned Binance CEO CZ about a spot listing—is fueling bullish market sentiment. The anticipation has driven a 5% price increase and a 20% rise in trading volume over the past week. Currently, HYPE is trading near $35 after peaking at $38.16, with strong resistance at $35.91. Analysts note that previous Binance futures listings have sometimes preceded spot listings, though Binance emphasized that a futures listing does not guarantee spot availability. Binance US, Kraken, and Coinbase have also shown interest in listing HYPE, while Hyperliquid has doubled its total value locked, attracting high-volume traders like James Wynn, despite criticism of its referral incentives. Short-term, a breakout above $35.91 could trigger renewed momentum, while a drop below $30.75 may deepen the decline. The combination of potential Binance spot listing, surging demand, and high-profile engagement makes HYPE a critical token for traders to monitor.
Bullish
The prospect of Binance listing the HYPE token for spot trading after already launching high-leverage futures contracts is generating significant positive sentiment around HYPE. Historically, such developments have preceded large inflows and price surges, particularly when accompanied by vocal support from prominent figures like Arthur Hayes. HYPE’s recent surge in trading volume, price gains, increased total value locked, and growing interest from other major exchanges reinforce a bullish outlook in the short- to medium-term. While Binance clarified that futures listings do not guarantee spot listings, market speculation and technical analysis point to possible further upward movement, especially if key resistance levels are broken. Traders should remain aware of volatility and potential reversals below critical support levels, but overall, the momentum and attention position HYPE as a promising asset.