Updated: 2026-07-27
A renowned crypto investor and former CEO of BitMEX reported that he has completely liquidated his positions in $HYPE, but remains confident that the token can outperform Solana in terms of returns by the end of the year.
Sometimes you have to fall to rise, — wrote Arthur Hayes.
The sale by a major investor and his statement on the potential of $HYPE sparked a lively discussion among market participants. Especially since figures like Hayes often shape public opinion. The fact that he maintains a bullish stance despite the large-scale sales only fuels traders' interest in the cryptocurrency's future dynamics.
The potential of $HYPE is indeed evident, as Hyperliquid's HIP-3 markets set a new record this month, as reported by the editorial team of Happy Coin News. Meanwhile, activity on the Solana blockchain is declining due to constant exploits.
At the time of writing, $HYPE was trading at $57.55, down 2.7% over the past 24 hours, with a weekly decline nearing 7%, according to CoinMarketCap. The price of Solana rose 0.85% in 24 hours to $75.91. Over the past seven days, the decline was about 2%.
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