Hyperliquid price overtakes Solana as HYPE defies crypto market crash

In the face of heightened bearish performance and volatility, Solana is showing notable strength in the derivatives market. While SOL’s price has fallen sharply lately, bullish momentum is returning, and the monthly perpetual futures volume is experiencing one of its most significant growths ever. Monthly Perps Volume on Solana Surges Past Previous Peak Solana is […]

Bitcoin is at risk of a drop below $65,000, but buyers are expected to mount a strong defense as the price nears the crucial $60,000 level.

A crypto analyst has announced that the Solana price has just broken below a critical support level that had previously triggered an explosive bull run in the last market cycle. With SOL currently struggling below $100 and facing persistent bearish pressure, the analyst has outlined two possible scenarios that could determine the cryptocurrency’s next moves. […]

The shift in market dynamics highlights changing investor confidence, potentially reshaping the future landscape of cryptocurrency valuations. The post Hyperliquid’s HYPE overtakes Solana in price as SOL hits 2023 lows appeared first on Crypto Briefing.

Hyperliquid's HIP-3 framework — which lets anyone deploy a perpetual futures market on the protocol's settlement layer — cleared $62 billion in May volume, pushing the venue to a record 6.63% share of global perps and 14.4% against Binance.

Hyperliquid is emerging as a key weekend and after-hours venue for Wall Street traders to trade perpetual futures, the Wall Street Journal reported, as round-the-clock onchain markets pull activity away from traditional exchanges. When the Markets Close, Hyperliquid Stays Open Hyperliquid, a decentralized exchange ( DEX) built for perpetual futures, has become a destination for […]

A crypto market expert has shared reasons why believes that despite the ongoing bearishness in the market right now, Ethereum (ETH) is still a better investment than Solana (SOL). Over the past few months, Ethereum has been in a slump, with its price falling below key support levels and underperforming the broader market. Meanwhile, Solana […]

Solana price has entered a high-risk zone after falling below a major support level that had held since February, exposing the token to further downside. According to data from crypto.news, Solana (SOL) price traded near $73 on June 4 after…