Hype on the rise: Is Solana's explosion of 2021 again?
Hyperliquid's local Token, Hype, reminiscent of Solana's historical output in 2021 with price movements and technical indicators. Token, which showed a 270 %recovery in April 2025, increased above $ 35.88 on May 23rd and broke critical fibonacci resistances. Technical structures point to a 240 %rise potential by HYPE until July 2025.
HYPE’s “Solana moment”: technical indicators warn
Hype attracted the attention of investors with its price movement in recent weeks. In April, the Token rose from $ 10 to 270 %to $ 35, and on May 23rd, he broke the 1.0 Fibonacci level ($ 35.88) and gave a new rally signal.
This movement is almost perfect for solana’s exit in January 2021. At that time, the left had increased from $ 4.90 to $ 19 and an increase of 291 %.
What’s the target? What do Fibonacci levels and RSI data say?
📌 If Hype continues to follow this structure:
1.618 FIB Objective: $ 51.68
4.618 FIB Target (Rally Summit): $ 128 ➡️ This means a rise potential of approximately 240 %.
However, the RSI value has exceeded 84 - this gives a short -term over -purchase signal. Therefore, the possibility of correction should not be ignored.
The main factors are also strong: 97 %income share for Hype Token owners
The popular crypto commentator Ansem describes Hyperliquid as “the combination of Solana + FTX, but it is completely top of the chain”. According to Ansem:
“It is not a central like FTX, it is completely on-Chain. Moreover, 97 %of the trading income is distributed directly to Hype token owners. This can carry the price to the highest level of all time.”
Does psychology and history repeat?
In investor psychology, previously used graphic structures have a great effect. In 2017, Ether’s repetition of Bitcoin’s 2013 movement, now Hype’s follow -up in the footsteps of Solana increases speculative interest.
If these formations can be sustained, Hype can create a new “Solana effect ında on the market.
