Hyperliquid Price Prediction as HYPE Perpetual Volume Tops $240B

Key Insights Hyperliquid price prediction comes as HYPE attracts $240 billion in 30-day perpetual trading volume. Arbitrum ranks first among the remaining chains by trading activity. HYPE crypto is up about 5% in the past 24 hours, according to CoinGecko. Hyperliquid price prediction comes at a time when HYPE traded near $82.42, gaining about 5.5% over 24 hours, according to CoinGecko data. The HYPE crypto price stayed near the upper end of its $77.19 to $83.09 daily range. Meanwhile, Hyperliquid led the listed perpetual trading platforms with $240 billion in 30-day volume. CryptoRank data dated September 16 showed a wide gap between Hyperliquid and the other five platforms tracked. Hyperliquid Price Prediction Based on $83.09 CoinGecko showed HYPE trading near $78 before price action turned volatile during the observed session. The token briefly fell toward $77 before recovering during the second half of the period. Moreover, buyers pushed HYPE above $80 around midday before the move accelerated. Hyperliquid Price Action | Source: CoinGecko That advance carried HYPE above $83 before the token eased back toward $82.40. The session low at $77.19 marks nearby support within the current 24-hour structure. Meanwhile, $83.09 marks immediate resistance after setting the top of the daily range. Those boundaries define the short-term Hyperliquid price prediction setup from the supplied chart. A move above $83.09 would take HYPE beyond its recorded 24-hour high. Conversely, a drop below $77.19 would move the price beneath the session floor. Market figures also showed an $18.34 billion market capitalization and about $1.19 billion in 24-hour trading volume. Hyperliquid recorded approximately $6.69 billion in total value locked. Additionally, CoinGecko showed HYPE gaining about 5% over 24 hours. Shorter periods showed mixed performance around that broader rise. The token gained about 1.6% over seven days. However, its 14-day performance stood about 1% lower. Hyperliquid Leads 30-Day Perpetual Volume Amid this performance, CryptoRank placed Hyperliquid at $240 billion in 30-day perpetual trading volume as of September 16. That figure exceeded Arbitrum’s $47.2 billion by $192.8 billion. It also topped the combined $226 billion recorded by the other five platforms in the chart. Hyperliquid Perp Trading Volume | Source: Cryptorank Across all six platforms, total perpetual volume reached roughly $466 billion. Meanwhile, activity among the remaining platforms stayed within a much narrower range. Arbitrum ranked second with $47.2 billion, while Solana followed at $46 billion. Lighter recorded $45.6 billion, and Ethereum posted $44.9 billion. EdgeX completed the group with $42.3 billion. Notably, only $4.9 billion separated Arbitrum and EdgeX across those five platforms. Hyperliquid’s reported volume was also more than five times Arbitrum’s total during the same 30-day period. HYPE Crypto Derivatives Activity Expands Derivatives activity increased alongside the HYPE crypto price move.