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ResolvedCrypto

Hyperliquid (HYPE) Hits Record Usage, Targets $50 After Key Technical Breakout

First Detected: Mar 12, 2026, 4:08 PM
Last Update: 5 months ago
26 articles·3 stories

Event Summary

On March 12, the Hyperliquid network recorded a new ATH in usage with 11.1 billion weekly transactions, breaking above the key resistance level of $35. Price predictions target a move to $50 following this breakout. On March 19, the crypto market saw $458 million in liquidations within 24 hours, wiping out a Hyperliquid whale. By March 20, HYPE flipped Cardano (ADA) in market cap and gained around 21% this week, trading near the $40–$43 range.

Timeline

Hyperliquid (HYPE) Supply Becomes Net Deflationary as Buybacks Outpace Rewards
Mar 28, 2026, 10:16 PMImpact: 6