Savvy traders know Hyperliquid as one of the top emerging projects in the crypto landscape. With its consistent bullish trend, Matt Hougan, CIO (chief investment officer) at Bitwise, expects more for the asset. While Hyperliquid’s market cap currently stands at $20.24 billion, the Bitwise boss believes the asset’s valuation is poised to reach $200 trillion in the next decade, driven by strong investor demand and rising institutional adoption. Just within this year, HYPE has doubled its price, from $39.2 noted on March 28 to the current $80.32 traded today, September 12; that is a 205% spike.