An expert has projected a significant upside for the HYPE token, despite its recent dip in the market. This comes as Bitwise filed for a spot Hyperliquid ETF with the U.S. SEC. The move could open the door for Wall Street investors to gain direct exposure to the token. Despite the recent downturn in the HYPE price, Crypto analyst Ardi highlighted that every time the token has reached a new all-time high, it has followed with a 20% pullback before rallying higher.