HYPE chases new highs as ETF inflows, institutional adoption accelerate

60-second summary
HYPE is currently trading at new highs above $65, fueled by record ETF inflows, increased futures participation, and elevated trading volumes on Hyperliquid exchange. This surge in institutional adoption and retail interest has investors speculating about a potential price target of $100, with the market closely watching for further catalysts to drive HYPE's upward momentum.
HYPE reached new highs above $65 following record ETF inflows, futures participation and trading volumes at Hyperliquid exchange. Is $100 next?