Key facts
- Arthur Hayes predicts Hyperliquid will overtake Solana in market cap.
- Hayes reiterated a $150 price target for HYPE, expecting it by mid-year.
- Hyperliquid (HYPE) recently surpassed Dogecoin in market cap, reaching $18 billion.
BitMEX co-founder Arthur Hayes forecasts that Hyperliquid (HYPE) will surpass Solana in market capitalization before the end of the current market cycle. He also reiterated his $150 price target for HYPE, expecting it to be reached by mid-year, driven by the DEX's growing traction and fee-based token buybacks.
Arthur Hayes, co-founder of BitMEX, has made a bold prediction that the decentralized exchange Hyperliquid, and its native token HYPE, will surpass Solana in market capitalization. This forecast is based on Hyperliquid's growing traction and its unique fee-burning mechanism, which significantly impacts token buybacks. Hayes has also set an ambitious price target for HYPE, reflecting strong confidence in its future performance.
Arthur Hayes, co-founder of BitMEX, has made a bold prediction that the decentralized exchange Hyperliquid, and its native token HYPE, will surpass Solana in market capitalization. This forecast is based on Hyperliquid's growing traction and its unique fee-burning mechanism, which significantly impacts token buybacks. Hayes has also set an ambitious price target for HYPE, reflecting strong confidence in its future performance.