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Hyperliquid hit a new high! ——Assess whether HYPE can maintain its upward trend

Source: CoinWorld
Hyperliquid's HYPE token rose 7.55%, hitting an all-time high of $57.38, with a market cap of $19.13 billion and trading volume jumped 39% to $617 million. Whale users invested $9.46 million in HYPE, with on-chain activity surged, with cumulative transaction volume reaching 147 billion and total number of users reaching 669,800. Perpetual contract trading volume surged from $3.3 billion to $12.3 billion in five days, indicating strong demand for derivatives.
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