Illustration of HYPE token price rally supported by Coinbase and Circle's USDC integration.
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HYPE token rallies as Coinbase and Circle back stablecoin model

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The HYPE token surged after Coinbase and Circle committed to Hyperliquid’s AQAv2 upgrade, aligning USDC with the protocol’s yield-sharing framework.

Hyperliquid ETFs have drawn in 172 million dollars since their launch. This comes as the HYPE token reached an all-time high. Meanwhile, U.S. spot Bitcoin ETFs have seen outflows of nearly 5.6 billion dollars over the same period.

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Three US spot HYPE ETFs recorded $161 million in net inflows one month after THYP launched on Nasdaq. The inflows occurred amid restricted direct access for US investors to the Hyperliquid platform.

2026년 05월 20일 23시 02분

Hype token surges 101 percent this year

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