
- Hyperliquid rises to 3rd place in blockchain fees in 24 hours, surpassing Ethereum and Bitcoin.
- Fee increase tested user loyalty; volume and liquidation remain solid as HYPE approaches the $mark.
Surprisingly, Hyperliquid [HYPE] has risen to become the
With an increase in revenue, perpetuals volume, and asset value demand, this platform has surpassed Ethereum [ETH] and Bitcoin [BTC] — a result almost unimaginable just a few months ago.
The focus of this increase is the HYPE Token, showing strength even in a macro a macro environment does not punish speculative assets.
Recent Price Performanceype is trading around $21.28 at the time of reporting, and has increased over 18% from its recent month p>On>the recent 5-minute chart, the E Token HYPE demonstrated a breakout from accumulation to expansion, as investors repeatedly defended the 19.5-20 USD threshold.

Source: X
Despite the price increase, the lack of a large volume peak suggests the may still have momentum. It has not yet reached its peak — just strong bidding and solid liquidation support.
HypErlfees have now surpassed BNB Chain, Ethereum, and even Bitcoin — an impressive achievement for a protocol a often overlooked as a weak [DeFi].
Total value locked (TVL) has exceeded $840 million, increasing nearly 2% daily daily. Simultaneously, the protocol has generated $1.36 million in daily revenue and processed a massive $4.47 billion daily perpetuals volume.
Demand capital has reached $2.63 billion, showing deep movement into the protocol's ecosystem.

Source: defillama
Fee Increase as as a Test
The team's decision to increase fees to the bear market shows great confidence. Market makers and investment funds must now buy and stake HYPE to remain competitive — driving real demand.
Source: Artemis
But this is risk. fees volume in a hesitant market, leadingakerback and potential short-term price decline.
However, surpassing Ethereum and Bitcoin in such a move move is a strong confirmation.
Potential Scenario
If trading volume remains strong despite Hyperliquid's increasing fee increase analysts suggest HYPE could approach the $50.
The daily chart shows increasing momentum, with RSnear 67 and MACD trend up — signs ofof strong buyingng pressure.
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