Hyperliquid price eyes $97 as HYPE holds above $80 
Hyperliquid price rose to a record high above $83 after a sharp weekly rally, with strong momentum and positive capital flows supporting the move. However, an overbought daily reading and dense liquidation clusters on both sides of the market could produce wider price swings. According to data from cryptonews, Hyperliquid price traded near $80.50 on Aug. 25 after reaching an all-time high of approximately $83.27 over the weekend. The token opened the seven-day period around $69.60, leaving it with a double-digit weekly gain even after traders took profits near the record.
The rally accelerated on Aug. 19, when HYPE jumped from below $60 to around $70. Buyers extended the move over the following sessions, pushing the price through its previous June and July peaks near $75. HYPE briefly traded above $83 before retreating toward the $78 area and recovering. The 4-hour chart shows that buyers have repeatedly entered during declines toward $77–$78, but sellers continue to defend the area between $82 and $83.50.
The rally coincided with reports of further adoption of Hyperliquid’s trading infrastructure, including integration work involving Coinbase and the unveiling of Elysium L2 for the ecosystem. Broader strength across the cryptocurrency market also supported demand for higher-risk altcoins.
