Hyperliquid (HYPE) Price rebounds to $57.30, Q2 Repurchase Boost
2026-08-07 20:50:25
According to CoinMeta, as reported by Crypto.News, the price of Hyperliquid (HYPE) rebounded to $57.30 driven by Q2 repurchases, representing an increase of about 11% from the $51 support range. On August 7th, the price of HYPE approached $56.80, with a rise of about 2.5% within 24 hours. The protocol reported quarterly revenue of $169 million in the second quarter, of which $141 million was used for HYPE repurchases. The fully diluted valuation of HYPE is close to $54 billion, with a circulating market value of about $12.6 billion.
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Source：Cryptonews
This content is for market information only and does not constitute investment advice.
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