# $HYPE Related Articles

Arthur Hayes Continues to Believe in HYPE's Potential, Though He Sold All His Tokens

Arthur Hayes, the well-known crypto investor and former head of BitMEX, has announced he has completely sold off his holdings in the $HYPE token. Despite this sale, he remains confident that $HYPE has the potential to outperform Solana in terms of returns before the end of the year, stating "sometimes you need to fall to take off." His contradictory action of selling while maintaining a bullish outlook has sparked lively discussion among market participants, further fueling trader interest in the cryptocurrency's future trajectory. The potential of $HYPE is highlighted by the recent record-setting performance of Hyperliquid's HIP-3 markets this month. In contrast, activity on the Solana blockchain is reportedly declining due to persistent exploits. At the time of writing, $HYPE was trading at $57.55, down 2.7% over 24 hours and nearly 7% over the past week. Meanwhile, Solana's price saw a slight 24-hour increase of 0.85% to $75.91, with a weekly decline of approximately 2%.

cryptonews.ru12h ago