HYPE

HYPE

Info

Name
HYPE
Symbol
HYPE
Network
Solana
Market Cap
$43M
Total Supply
728.6K
Circulating Supply
728.6K
Holders
20,253
Volume (24h)
$6.5M
-48.48%
Trades (24h)
30,432
-44.84%
Traders (24h)
859
-18.19%
All-Time High
$74.45
All-Time Low
$20.97
Liquidity
$14M
Category
Bridged asset
Top 10 Holders
38.52%
Created (~9 mo old)
Oct 2025

HYPE price prediction & outlook

Start with the anchor fact: this Solana token's price is set by native HYPE markets, not by this pool. When the Solana price trades at a discount to native HYPE, arbitrage buyers close the gap, and the reverse at a premium; parity is maintained by traders, not by a hard peg. So the real question is what drives native HYPE, plus one extra variable this wrapper adds: bridge trust. This is not financial advice.

What actually moves the HYPE price

Platform volume and the fee burn
Hyperliquid's Assistance Fund uses protocol trading fees to continuously buy and burn HYPE, so demand from the mechanism scales directly with platform volume; market trackers report cumulative trading volume in the trillions of dollars. When volume grows, burn intensity grows; when volume contracts, that buy-side pressure contracts with it.
Platform adoption and competitive position
Hyperliquid is a Layer 1 built for high-frequency finance, handling up to 200,000 transactions per second with 0.07-second blocks per CoinMarketCap, spanning perpetual futures, spot trading, lending, and a full EVM. Growth in any of those categories feeds the burn.
Supply distributions
Ongoing monthly HYPE distributions to core contributors add steady supply regardless of price or burn activity; any outlook that ignores that dilution is incomplete. Hyperliquid took no outside investment and paid no market makers, per hyperfoundation.org, so there is no early-investor cliff-unlock calendar, but contributor distributions are real.
The broader crypto cycle
HYPE trades with the asset class; macro liquidity and risk appetite move it before anything protocol-specific does.

What would it take for HYPE to reach $X?

Beyond native fundamentals, this Solana token carries bridge trust (redeeming the wrapper depends on the bridge's continued operation, and the operator is not disclosed on this page; verify redemption terms independently) and Solana-side liquidity depth: with roughly 728.97K tokens here, large orders move the local price against native parity until arbitrage restores it.

Targets below are native-HYPE levels; the Solana wrapper tracks them through arbitrage. Implied caps use THIS token's circulating supply and are computed from the live market cap, so they never go stale.

  • $100.00
    ~$73M cap
    1.7x
  • $200.00
    ~$146M cap
    3.4x
  • $400.00
    ~$291M cap
    6.8x

Can HYPE reach $200?

A $200 HYPE is roughly 2.6 times the native all-time high of $76.70 set in June 2026 per CoinGecko, so it requires native HYPE to blow through its prior peak, sustained by platform volume feeding the burn faster than contributor distributions add supply. The Solana wrapper would simply track that move; on this token's own float, $200 implies only about $146 million of local market cap. These are conditions, not predictions, and this is not financial advice.

To evaluate any HYPE target: judge it against native HYPE's market on CoinGecko, then remember the extra layer here is bridge trust, not price discovery.

How to buy HYPE on Solana in Phantom

You are buying the bridged Solana representation of HYPE, not native HYPE on the Hyperliquid L1; know that before you start. With a funded Phantom wallet, the swap takes under five minutes.

Want native HYPE instead? If you want staking, governance, and direct Hyperliquid L1 utility, native HYPE is available on major exchanges that list it, or directly via the Hyperliquid platform at app.hyperliquid.xyz. Whether this Solana wrapper carries any of those native features is not documented on this page; assume it does not unless you verify otherwise.

  1. Install Phantom and secure your wallet
    Download Phantom (iOS, Android, or browser extension) and create or import a wallet. Write your Secret Recovery Phrase on paper and store it offline; Phantom never has access to it and cannot recover it, and anyone who obtains it controls the wallet entirely.
  2. Fund your wallet with SOL
    SOL is both the asset you swap and the gas that pays for the transaction (fractions of a cent). Buy SOL directly in Phantom with a card or bank transfer, or send it from an exchange, keeping a small buffer beyond your swap amount.
  3. Review the quote and confirm
    Check the quoted rate, price impact, and network fee; on a float this small, price impact deserves real attention. On-chain swaps are final. The token settles to your self-custody wallet in seconds.

Verify the mint address, always

98sMhvDwXj1RQi5c5Mndm3vPe9cBqPrbLaufMXFNMh5g

Multiple fake tokens use the HYPE ticker on Solana. Confirm the mint matches exactly in the swap interface before proceeding. Address verification is the only reliable protection.

What buying HYPE on Solana actually costs

Network fees are negligible; the real costs are price impact on a thin local float and the swap fee disclosed in Phantom's quote. Self-custody means you hold the keys and no platform can freeze the tokens; it also means confirmed swaps cannot be reversed by any support team.

This is a bridged wrapper of a volatile asset with an undisclosed-on-page bridge operator and a thin Solana-side float. Verify redemption terms independently, size positions for total-loss risk, and treat any same-ticker token at a different mint as counterfeit. Nothing here is financial advice.

About

HYPE is the gas token of the HyperEVM network.

HYPE is the native gas, staking, and governance token of Hyperliquid, a Layer 1 blockchain built for fully on-chain finance: every order, cancel, trade, and liquidation executes transparently on-chain with one-block finality, per hyperfoundation.org. The chain's BFT consensus delivers 0.07-second blocks and up to 200,000 TPS per CoinMarketCap, supporting perpetual futures, spot markets, lending, and a full EVM. HYPE has a maximum supply of 1 billion and serves five functions: staking, governance, gas, trading-fee discounts, and asset-deployment fees. Distribution is unusual and worth knowing: the project took no outside investment and paid no market makers, with the token distributed to its community, and the protocol's Assistance Fund continuously buys and burns HYPE out of trading fees.

The token on THIS page is not that native asset; it is a bridged representation on Solana, with roughly 728.97K tokens circulating locally against a market cap around $45M at capture, a small fraction of native HYPE's multi-billion-dollar market. Its price stays anchored to native HYPE through arbitrage. The page's own About line says simply: "HYPE is the gas token of the HyperEVM network." Who operates the Solana bridge and how redemption works is not disclosed on this page, and that gap is itself a fact a buyer should weigh.

Is HYPE safe?

Bridge risk
This token depends on a bridge between Solana and the Hyperliquid L1, and bridges are historically among crypto's highest-risk infrastructure: exploits, operational failure, and paused redemptions all happen. If the bridge fails, the Solana token may not be redeemable for native HYPE at any price.
Redemption uncertainty
The redemption mechanism and operator are not documented on this page; research them independently before relying on parity holding in stress.
Liquidity thinness
Roughly 728.97K tokens circulate here; large orders move the local price, and exit liquidity in stress may be limited even while native HYPE trades deeply elsewhere.
Mint verification
Fake HYPE tokens exist on Solana; only the Phantom-listed mint on this page is genuine, and any other same-ticker token should be treated as counterfeit.
Native-vs-wrapped confusion
Staking rewards, governance rights, and L1 utility belong to native HYPE; do not assume the wrapper inherits them.

Never share your Secret Recovery Phrase with anyone, under any circumstances. Nothing here is financial advice; only allocate what you can afford to lose entirely.

FAQ

The market capitalization of HYPE is $43M as of Jul 26, 2026.

Market capitalization is calculated by multiplying the current price of HYPE by its circulating supply. It reflects the overall value of the token in the market and helps gauge its relative size compared to other cryptocurrencies.

The daily trading volume of HYPE is $6.5M as of Jul 26, 2026.

Trading volume can fluctuate based on market conditions, investor activity, and overall demand for HYPE.

The total supply of HYPE is 728.6K.

The circulating supply, which represents the number of HYPE currently available in the market, is 728.6K as of Jul 26, 2026.

HYPE can be bought and traded on a variety of cryptocurrency platforms, including Phantom!

HYPE on Solana is a bridged representation of HYPE, the native gas and governance token of the Hyperliquid Layer 1 blockchain, wrapped so it can trade against Solana DEX liquidity. This Solana token carries roughly 728.97K tokens in circulation, a small fraction of native HYPE's supply. Its price tracks native HYPE through arbitrage, but the two are structurally distinct assets.

It is a legitimate bridged representation listed by Phantom, but it is not native HYPE: the Solana version has a far smaller float, carries bridge and redemption risk native HYPE does not, and does not automatically inherit staking or governance rights. Multiple fake tokens also use the HYPE ticker on Solana, so always confirm the mint address before buying; any other same-ticker mint should be treated as counterfeit.

Fund your Phantom wallet with SOL, open the Swap tab, search for HYPE, and confirm the mint address matches exactly before approving. Phantom routes the swap across Solana liquidity sources automatically, and the token settles to your self-custody wallet within seconds of confirmation. The whole process takes under five minutes with a funded wallet.

Yes, twice over: SOL is the asset you swap for HYPE and it pays the Solana network fee, which runs fractions of a cent. Buy SOL directly inside Phantom with a card or bank transfer, or send it from an exchange, and keep a small buffer beyond your intended swap so the transaction and future ones never fail on fee coverage.

The bridge operator is not disclosed on this page, and Phantom's listing documents the mint address rather than the issuer; what is verifiable is that the token's price stays anchored to native HYPE markets through arbitrage. Before sizing a position, research who operates the Solana bridge and how redemption to native HYPE works; an undisclosed redemption path is a real risk factor, not a formality.

That is a question about native HYPE: $200 is roughly 2.6 times its June 2026 all-time high of $76.70 per CoinGecko, and reaching it would take platform volume feeding Hyperliquid's fee burn faster than contributor distributions add supply, in a supportive market. The Solana wrapper would simply track the move via arbitrage; on this token's own float, $200 implies only about $146M of local market cap. This is not a prediction or financial advice.

Native HYPE lives on Hyperliquid's own chain, where it pays gas, stakes, governs, and earns fee discounts; this Solana token is a bridged wrapper with roughly 728.97K tokens, whose value depends on the bridge honoring redemption. Parity is maintained by arbitrage rather than a hard peg, and the wrapper adds bridge trust and local liquidity risk on top of native HYPE's own volatility while not automatically carrying its utility rights.

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.