Key Highlights
- The Hyperliquid (HYPE) token has witnessed a 12% plunge on a day-to-day chart following the dip within the cryptocurrency market
- Essential cryptocurrencies love Bitcoin and Ethereum indulge in furthermore suffered major drops after big liquidations, wiping out billions of bucks of investments from the cryptocurrency market
- Native Markets has announced the staking of 800,000 extra HYPE tokens to qualify for the USDH stablecoin
On November 21, the Hyperliquid (HYPE) token skilled a extensive imprint plunge, with a 12% decline, causing its imprint to fall below $34.
This plunge is viewed as a first-rate pullback within the cryptocurrency market following major liquidations. This liquidation has wiped out billions of bucks of investments.
Hyperliquid Falls as Bearish Sentiment Triggers Promote-Off
At the time of writing this, HYPE is shopping and selling at spherical $33.07 with a 12.33% plunge within the price. Its market capitalization is spherical $11.13 billion, consistent with CoinMarketCap.
This downward vogue follows its correlation with major cryptocurrencies love Bitcoin and Ethereum. First time within the final seven months, Bitcoin has plunged below $81,000, though it rapid recovered, and it’s shopping and selling at spherical $84,573 at the time of writing.
Equally, Ethereum used to be furthermore pushed below $2,700, sparking fear within the crypto community.
Hyperliquid $HYPE looks fascinating for a first-rate pass! pic.twitter.com/MTS1IRgtBC
— Ali (@ali_charts) November 21, 2025
In accordance to a technical analyst, Ali, the token is making fascinating for a first-rate pass as it looks to be forming a head-and-shoulders pattern.
At present’s fall in Hyperliquid is viewed as an overbought correction and impending provide drive.
hyperliquid made $5m in charges within the final 24hrs
Ninety nine% of that income is veteran to aquire wait on hype on the open market
the extra volatile the market is, the extra money hyperliquid makes
the extra hype the assistance fund buys
hype is a coiled spring
not if, nonetheless when
$200+ pic.twitter.com/gugdcvQOEv
— kook 🏝️ (@KookCapitalLLC) November 21, 2025
Irrespective of the most predominant imprint plunge, this fabricate of movement is belief about identical outdated for tokens of this nature. The preliminary correction has wiped out most early beneficial properties, presumably growing a section where dedicated lengthy-term merchants open as much as catch holdings. The novel imprint ambiance is viewed as a first-rate setup duration.
Whereas the decline is serious, it could perchance well be organising the muse for a first-rate future imprint surge, supplied investor patience holds.
Native Markets Boosts USDH on Hyperliquid with Essential HYPE Stake
In the most predominant vogue, Native Markets has staked an additional 800,000 HYPE tokens. This motion has helped the platform to prevent a first-rate milestone by qualifying USDH, a stablecoin, as an Aligned Quote Asset on the platform. The quick draw of this qualification is a mighty good buy in execution costs for all merchants the usage of USDH to interchange perpetual contracts.
Native Markets has staked an additional 800K HYPE to qualify USDH as an Aligned Quote Asset, which unlocks execution savings for users.
We’d prefer to thank @smartestmoney & @HyperionDeFi for contributing stake in snort to prevent this milestone.
— Native Markets (@nativemarkets) November 21, 2025
The alternate directly lowers both maker and taker charges while simultaneously bettering general capital effectivity for users.
This milestone used to be made that you should perchance be ready to think by a blended staking effort from Native Markets and utterly different major ecosystem contributors, including Smartest Cash and Hyperion DeFi.
The market is viewing this coordinated motion as a clear signal of growing institutional alignment and pork up for both the USDH stablecoin and the boost of the Hyperliquid ecosystem.
The bid advantages of this vogue are decrease charges and deeper liquidity for merchants.
Safepal, a first-rate supplier of crypto wallets, has announced a new native integration with Hyperliquid. This partnership will enable Safepal users to interchange perpetual futures contracts directly for the length of the Safepal wallet interface.
Users will doubtless be ready to entry leverage of as much as 40X on major shopping and selling pairs, including Bitcoin and Ethereum.
