$HYPE has declined by 3.3% in the last 24 hours and 1.1% weekly, currently trading at $45.13, down 8.5% from its high. Despite this, trading volume surged to over $570 million.
Ethereum’s price increase reinforces its dominance, affecting altcoins like $HYPE. Institutional investments are also on the rise, as companies like Eyenovia establish dedicated HYPE treasury reserves with significant capital.
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