Hyperliquid Price Prediction: RWA Momentum Keeps $115 HYPE Target in Play

What to Know

• Hyperliquid’s HYPE token has posted a year-to-date gain of 274%, making it the biggest winner among the top 10 tokens referenced in current market rankings.
• U.S. tokenized stock activity has gained momentum after a temporary Innovation Exemption drafted by the Securities and Exchange Commission allowed selected platforms to test the technology.
• Robinhood Chain has more than 5.1 million registered wallets and processed more than $37 billion in trading volume over the past 30 days.
• CFTC Chairman Michael Selig said at the 2026 Treasury Market Conference that tokenization, on-chain finance, and 24/7 markets could reshape financial markets over the next decade.
• Hyperliquid holds an 18% share of the decentralized segment, based on CoinMarketCap data cited by market participants.
• HIP-3 volumes recently peaked at $115 billion in June, while open interest rose to nearly $4 billion as of last month.
• Technical traders are watching the $100 psychological level, a potential pullback zone near $88, and a mid-term upside target at $115.

Hyperliquid Stays in Focus as Tokenization Gains Speed

Hyperliquid has remained one of the most closely watched names in the digital asset market this year, with HYPE delivering a year-to-date gain of 274%. That performance has placed the token firmly in the spotlight at a time when traders are increasingly looking beyond simple spot trading narratives and toward platforms that may benefit from the growth of tokenized real-world assets.

The market conversation around Hyperliquid has strengthened as tokenized finance moves closer to mainstream adoption in the United States. The launch of tokenized stocks in the U.S. through a temporary Innovation Exemption drafted by the Securities and Exchange Commission has given selected platforms room to test this structure. For crypto traders, that development matters because it suggests that regulated markets are beginning to explore how traditional assets can move onto blockchain-based infrastructure.

Tokenization is not a new idea, but the current wave is different because it is taking shape in a market that already has more mature trading venues, better wallets, deeper liquidity channels, and broader institutional awareness. Hyperliquid sits near the center of that conversation because its infrastructure has become associated with fast decentralized trading, perpetual markets, and newer real-world asset use cases.

Robinhood Chain Activity Shows Demand for Tokenized Markets

One of the clearest signs of growing demand for tokenized market access has come from Robinhood Chain. The layer-two blockchain is being used by more than 5.1 million registered wallets and has processed trading volumes exceeding $37 billion over the past 30 days. Those figures point to meaningful user interest in blockchain-based access to traditional market exposure.

For Hyperliquid, the significance is not that Robinhood Chain is a direct equivalent, but that large-scale user activity around tokenized stocks may validate a wider shift in trader behavior. If investors grow comfortable interacting with tokenized versions of traditional assets, demand could rise for decentralized venues that provide liquid, high-speed markets linked to those assets.

This is where Hyperliquid’s positioning becomes important. The platform has already built a reputation in decentralized derivatives, and market participants are increasingly assessing whether that advantage can extend into real-world asset trading. The more tokenized assets become accepted, the more relevant infrastructure providers may become for traders seeking continuous access, deep liquidity, and flexible market design.

CFTC Comments Add Weight to the RWA Narrative

The regulatory backdrop also appears to be shifting. This week, CFTC Chairman Michael Selig discussed the potential impact of tokenization during a speech at the 2026 Treasury Market Conference. His remarks focused on preparing markets for the imminent arrival of mass tokenization, on-chain finance, and 24/7 markets.

Selig said, “Just as the transition from hand signals to electronic trading advanced our financial system, I believe tokenization can do the same for all asset classes.” He also said the CFTC is “committed to providing clear, principles-based rules to ensure that these innovations foster growth and preserve market integrity.”

He concluded that “With developments like tokenization, onchain finance, and 24/7 trading, the next decade will likely bring more change to financial markets than the previous several decades combined.” For crypto markets, those comments are notable because they frame tokenization as a structural market development rather than a narrow speculative trend.

Market participants see that tone as supportive for platforms positioned around on-chain trading. Hyperliquid could potentially benefit if U.S. market access becomes more open to tokenized real-world assets, though the pace and scope of any such opportunity remain dependent on regulatory implementation, liquidity conditions, and user adoption.

HIP-3 Growth Supports Hyperliquid’s Bullish Case

Hyperliquid continues to command attention in the decentralized trading segment, where it holds an 18% market share according to CoinMarketCap data cited by traders. That position has helped support the bullish case for HYPE, especially as HIP-3 activity expands and real-world asset perpetual futures become a larger part of the discussion.

The launch of perpetual futures tied to real-world assets has strengthened the platform’s usage profile. Traders are watching metrics such as open interest, trading volumes, and transaction activity to judge whether demand is broadening beyond short-term speculation. In that context, HIP-3 has become a key part of the Hyperliquid narrative.

Data from Hyperliquid Analytics shows that HIP-3 trading volumes reached a recent peak of $115 billion in June. Open interest has also continued to rise, reaching nearly $4 billion as of last month. Together, those figures suggest that trader engagement has not been limited to one-off bursts of activity. Instead, the market is monitoring whether higher open interest can indicate deeper participation and more durable liquidity.

Open interest is especially important in derivatives markets because it reflects the total value of outstanding positions. Rising open interest can suggest that more capital is committed to a market, although it can also increase volatility when positioning becomes crowded. For HYPE, continued strength in platform activity may reinforce the token’s valuation narrative, but traders still need to account for the risks that come with fast-moving derivative markets.

Technical Traders Watch $100, $88, and $115

From a chart perspective, HYPE has recently moved near the long-watched $100 area. This level is psychologically important because round numbers often become focal points for traders, particularly after a strong rally. A move into such a zone can attract momentum buyers, but it can also invite profit-taking from earlier entrants.

Some chart watchers believe that if HYPE reaches the $100 threshold, the token could pull back toward a former resistance area near $88. That zone may now act as support if buyers defend it. A pullback into former resistance is a common technical pattern because traders often look for prior breakout zones to confirm whether a rally has a stronger base.

For late buyers, a retreat toward $88 could provide a more attractive risk-reward setup than chasing price strength directly into a psychological level. However, this scenario remains conditional. If momentum stays strong, HYPE could continue higher without offering a clean retracement. If broader crypto sentiment weakens, support zones can also fail quickly.

The mid-term target being watched by technical traders is $115. That projection is based on using the length of the previous rally as a reference. While this does not guarantee a move to that level, it gives traders a framework for assessing upside potential if HYPE sustains its trend and platform activity continues to improve.

Why Real-World Assets Matter for HYPE

Real-world assets are one of the most important themes in crypto because they connect blockchain infrastructure with markets that already have substantial demand. Tokenized equities, commodities, credit instruments, and other financial products may eventually allow users to access traditional exposure through on-chain systems. If that transition expands, decentralized exchanges and derivatives platforms could gain new relevance.

Hyperliquid’s opportunity is tied to this broader shift. The platform’s ability to support active trading markets may become more valuable if traders want exposure to tokenized assets around the clock. Traditional markets operate within defined sessions, while on-chain markets are often designed for continuous access. That difference is one reason regulators and market operators are increasingly discussing 24/7 trading.

Still, the bullish case is not without risk. Tokenization depends on legal clarity, trusted custody structures, reliable asset backing, and market integrity protections. If any of these elements fail to develop properly, adoption could be slower than traders expect. HYPE’s strong year-to-date move also means that a portion of the optimism may already be reflected in price.

For now, Hyperliquid remains a leading tokenization-linked crypto story because the fundamentals and technical backdrop are pointing in the same direction. HIP-3 activity is strong, real-world asset adoption is attracting more attention, and the chart still gives bulls a clear target to monitor. The next major test is whether HYPE can handle the $100 region without losing momentum and whether the $88 zone can provide support if a pullback develops.

Frequently Asked Questions (FAQs)

Why is Hyperliquid gaining attention?

Hyperliquid is gaining attention because HYPE has risen 274% year to date while the platform’s real-world asset and HIP-3 activity continues to expand. Traders are also watching the broader growth of tokenized markets in the United States.

What is the current HYPE price target being watched?

Technical traders are watching a mid-term target of $115 for HYPE. That target is based on using the length of the previous rally as a reference, rather than a guaranteed price outcome.

Why is the $100 level important for HYPE?

The $100 level is important because it is a major psychological threshold. Traders often react strongly around round-number price levels, which can lead to either breakout momentum or short-term profit-taking.

What role does the $88 level play in the outlook?

The $88 level is being watched as a former resistance area that may now act as support if HYPE pulls back after testing the $100 region. Some buyers may view that area as a more attractive entry zone if the uptrend remains intact.

How strong is HIP-3 activity on Hyperliquid?

HIP-3 activity has been strong, with trading volumes reaching a recent peak of $115 billion in June and open interest rising to nearly $4 billion as of last month. These figures have strengthened the bullish market narrative around Hyperliquid.

What did the CFTC chairman say about tokenization?

CFTC Chairman Michael Selig said tokenization could advance financial markets in a way similar to the shift from hand signals to electronic trading. He also said the next decade may bring more change to financial markets than the previous several decades combined.

Why does tokenized stock activity matter for Hyperliquid?

Tokenized stock activity matters because it shows growing demand for blockchain-based access to traditional assets. If this demand expands, decentralized trading platforms with strong infrastructure may benefit from higher usage and deeper liquidity.

Is the move to $115 guaranteed?

No, the move to $115 is not guaranteed. It is a technical target watched by market participants, and the outlook depends on price momentum, platform activity, regulatory developments, and overall crypto market conditions.