Hyperliquid (HYPE) traded near $61.29 on June 29, 2026, down 0.71% over 24 hours and 8.65% over the past week, as the token absorbed a fresh regulatory setback from Singapore while continuing to demonstrate robust onchain activity. The token's pullback follows a strong mid-June rally that pushed it to an all-time high above $76.85 on June 16, underscoring a broader rotation out of derivatives-focused protocols and into AI-linked equities.