Hyperliquid’s HYPE Surges to New Highs as Buybacks, ETFs, and Pre-IPO Markets Drive Demand

TLDR: Hyperliquid allocated $192.25 million toward HYPE buybacks during the first quarter of 2026. HYPE reached a record $74.19, becoming the ninth-largest cryptocurrency by market capitalization. U.S. spot HYPE ETFs attracted $122 million in assets, adding fresh institutional demand. Pre-IPO markets and commodity perps continue boosting network activity and trading volumes. Hyperliquid continues to attract [...]

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