Hyperliquid is gaining momentum with record on-chain activity and a key breakout, leaving participants watching closely as it eyes the road towards $60 and beyond.
Hyperliquid isn’t just holding its ground, it’s gaining real momentum. On-chain activity is hitting fresh highs, with more users, more transactions, and developers pushing out new contracts at an accelerating pace. This kind of growth often sets the stage for bigger market moves, and right now, HYPE looks like an ecosystem firing on all ends.
Hyperliquid On-Chain Activity at New Highs
HYPE’s HyperEVM is showing clear signs of acceleration as network activity expands across the board. Active addresses jumped to 24.2K in just the past day, marking an 18% increase, while total transactions rose to 424K, up 2.5%. Even more notable, daily contract deployments have moved back above 120, suggesting that builders and protocols are actively engaging again. This rise in both usage and development points to strong underlying momentum for Hyperliquid’s growing ecosystem.
4.2K active addresses (+18% daily)
424K transactions (+2.5% daily)
120+ contract deployments back online
Hyperliquid’s on-chain activity surges with 24.2K active addresses and 424K transactions, signaling renewed ecosystem momentum. Source: Nansen via X
Such consistent growth on the chain usually doesn’t stay unnoticed for long. When activity, deployments, and users are all climbing together, price action tends to catch up. Hyperliquid looks like it’s laying the groundwork for the next strong leg higher.
Road to $60 Opens Up
The order book is painting a constructive picture for Hyperliquid. Current asks show little in the way of stacked sell pressure until the $57 to $58 zone, leaving the path above current levels relatively uncluttered. With lighter resistance overhead, the market has more room to push higher without immediately running into large liquidity blocks.
Hyperliquid’s order book shows minimal resistance until $57–$58, setting the stage for a potential push toward $60. Source: Tobias Reisner via X
This is exactly why analyst Tobias Reisner leans bullish on HYPE, framing the move as a “road to $60.” Unless new sellers step in, the lack of heavy walls before $57 means momentum could carry the price through with relative ease.
Hyperliquid Holding Above Key Breakout Zone
Hyperliquid’s chart is flashing strength after breaking cleanly above a well-defined horizontal resistance around the $52 to $53 zone. The setup had been coiling within an ascending triangle, with higher lows pressing consistently against the ceiling until buyers finally forced the breakout. Volume has expanded alongside the move, adding conviction that this isn’t just a short-lived push but part of a larger leg higher.
Hyperliquid secures a breakout above $52–$53, with analysts eyeing $70–$75 and a potential path towards $100. Source: PostyXBT via X
Analyst PostyXBT notes that this breakout could be the start of a run that takes HYPE into three figures. As long as price holds above the reclaimed breakout zone, momentum looks intact, and upside levels around $70 to $75 could be tested before the bigger $100 psychological milestone comes into play.
Hyperliquid Price Prediction: Echoes of Solana’s $30 Breakout
Analyst Greeny, building on the already bullish outlook for HYPE, has highlighted a striking fractal comparison to Solana’s $30 breakout back in 2021. Just as SOL went on to run multiples higher after clearing that level, HYPE’s chart is showing a similar ascending base that finally pushed through the $50 ceiling. The breakout was backed by volume, with price now consolidating above previous resistance.
Hyperliquid mirrors Solana’s $30 breakout setup, with consolidation above $50 signaling room for continuation towards the mid-$60s. Source: Greeny via X
What makes this setup compelling is the lack of heavy resistance until the mid-$60s, leaving room for continuation without major hurdles. If $50 to $52 holds firm as new support, the stage is set for Hyperliquid to extend its rally and potentially enter a broader price discovery phase.
Final Thoughts: Hyperliquid to Remain Bullish Q4 2025?
Hyperliquid has managed to combine strong on-chain growth with a clean technical breakout, and that mix rarely goes unnoticed for long. Active addresses, transaction counts, and contract deployments all point to genuine adoption rather than just speculative trading. If this trend continues into Q4 2025, the $60 level could just be a primary target towards larger milestones, especially with minimal resistance showing up before the mid-$60s zone.
Still, participants will need to keep an eye on whether $50 to $52 holds steady as the new base. If it does, the probability of HYPE pushing towards $70 to $75, and perhaps even testing three-figure territory, remains high. For now, the Hyperliquid Price Prediction stays tilted to the bullish side.
