Hyperliquid HYPE Hits Record High Amidst Institutional Inflows, $300 Target Eyed

HYPE just printed a new all-time high near $77, climbing almost 10% in a single day as spot ETF inflows went nuclear. This isn't just hype; institutional money is rotating hard into HYPE products, with nearly $153 million in net inflows since launch. The token's unique revenue-sharing burn mechanism, where 99% of protocol revenue buys and burns HYPE, is the key driver attracting serious capital. Analysts are now projecting targets well north of $300, especially if HYPE can scale to Tier-1 exchange volumes and launch spot trading. But don't get too comfortable; leverage is running hot, and short liquidations are spiking as the price grinds higher, signaling a potential squeeze is powering this breakout. Arthur Hayes bailed above $72, but HYPE pushed to new highs without him, proving the bulls are in control for now. The immediate upside targets are clear: reclaim the 1.272 Fibonacci extension at $70.04 and eye the 1.618 extension near $83.55, with a second target at the 2.0 extension around $98.47. However, declining volume as price advances is a divergence to watch, and a break below the previous record at $59.41 could cool this rally fast.