Hyperliquid’s native token HYPE surged to a record $89.92, marking a new all-time high and propelling it into CoinMarketCap’s list of the ten largest cryptocurrencies by market capitalization. Technical analyst Aksel Kibar of Tech Charts stated that HYPE’s daily chart has shown a classic breakout, pullback, and continuation formation. This sequence, according to Kibar, signals strong bullish momentum with the token completing its local consolidation phase and moving decisively upward.