Hyperliquid Token HYPE Replicates Solana's 2021 Breakout Trend, Potentially Surging 240% Before July
Key Points:
• HYPE is reproducing Solana's 2021 breakthrough pattern, with technical indicators suggesting a potential 240% surge before July
• Similar cryptocurrency trend patterns hint at HYPE potentially triggering a momentum-driven wave
• Hyperliquid native token's early breakthrough pattern closely matches Solana's pre-2021 breakout (which subsequently surged 300%)
HYPE Price Trend Replicates Solana Pattern, July Target at 240% Increase
In January 2021, Solana broke through a long-term consolidation zone during accelerating market momentum. This breakthrough was marked by a decisive break above a key Fibonacci retracement level, after which SOL vertically rose from $4.9 to $19 within two months (at the 4.618 Fibonacci level), representing a 291% increase.
SOL/USD daily price chart. Source: TradingView
In May 2025, HYPE's daily chart reveals a strikingly similar bullish structure—after rebounding 270% from a $10 low in April, the price is now stable above the 0.0 Fibonacci level. On May 23rd, HYPE broke through the 1.0 Fibonacci level ($35.88), perfectly replicating SOL's early 2021 breakout trend.
HYPE/USD daily price chart. Source: TradingView
Notably, HYPE's Relative Strength Index (RSI) has entered a severely overbought zone (above 84), which while indicating short-term risk, also confirms the current momentum's strength, identical to Solana's 2011 breakthrough RSI characteristics. If this pattern continues, the 1.618 Fibonacci extension level of $51.68 will be the next target, with the 4.618 level at $128 potentially becoming the peak of this potential surge, representing a 240% increase from the $35 breakout zone.
Analyst: Hyperliquid = Solana + FTX Hybrid
Renowned analyst Ansem points out that Hyperliquid's vision is highly consistent with Solana and FTX's early collaboration goals: creating a high-performance, low-cost crypto trading experience. He emphasizes that unlike FTX's centralized architecture, Hyperliquid is entirely built on-chain. Ansem specifically mentions that 97% of the platform's trading revenue is directly returned to HYPE holders, a fundamental aspect that will drive the token to "quickly set new historical highs".
From a market psychology perspective, traders are often attracted to familiar and proven successful patterns. Ethereum almost perfectly replicated Bitcoin's 2013 parabolic top-retracement-recovery cycle.
BTC/USD and ETH/USD fractal comparison chart. Source: TradingView
When traders discover that HYPE is retracing Solana's 2021 trajectory in both technical formation and fundamentals, this perception will strengthen bullish beliefs and attract speculators betting on the next "Solana moment".
