The HYPE token has gained remarkable traction due to institutional interest, reaching highs of 8.9 billion USD in open interest. This positions Hyperliquid favorably against its competitors and heightens optimism for its future performance.
With aggressive buyback plans, projections suggest HYPE could replicate Solana’s historic price growth, potentially reaching targets around 46 USD, a remarkable 48% increase from current levels. Market conditions could allow for a total token repurchase within 2 to 7 years.
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