Hyperliquid (HYPE) has surged by 11% in the past 24 hours to $40 per token after Robinhood listed the token and made it available to all of its U.S. customers.

Trading volumes have surged by 15% during this period, currently sitting at $720 million, now accounting for 5% of the asset’s circulating supply.

$HYPE is now available to trade on Robinhood. pic.twitter.com/sRLLJavwze

— Robinhood (@RobinhoodApp) October 23, 2025

Exchange listings tend to provide strong short-term price boosts but do not necessarily change the trajectory of the asset’s trend.

However, in the case of Hyperliquid, Robinhood’s decision to list the token could raise the public’s awareness about this project.

Hyperliquid is a trading platform for perpetual futures that operates in its own layer-1 blockchain. This allows it to fine-tune the network to suit its unique needs rather than having to depend on the changes made to larger infrastructure blockchains like Ethereum (ETH) or Solana (SOL).

$HYPER hit an all-time high on September 17 as it climbed to $59. Since then, it has retreated by 33% as new competitors like Aster (ASTER) have gained popularity within the crypto community.

Nonetheless, the project is still the dominant force in the DEX segment for derivatives, with a market share of 34%. Its 24-hour trading volumes stood at $11.5 billion at the time of writing, while its open interest is twice that of Aster’s at $7.1 billion.

HYPE Could Reach $60 Soon If the Rally Accelerates Beyond $45

The daily chart for $HYPE was on a downtrend ahead of today’s news. However, the token had already bounced off a key trend line support at around $32 and had been recovering since then.

The token could now be on track to hit $42 in the near term at least. This level coincides with the 200-day exponential moving average (EMA). If the rally continues and crosses this mark, HYPE could rise to $60 over the next few weeks.

The Relative Strength Index (RSI) has already sent a buy signal upon crossing above the 14-day moving average. This reflects growing positive momentum and strong buying pressure.

During the October 10 flash crash, Hyperliquid withstood the turmoil, and the platform emerged unscathed, while its permissionless design reported accurately the extent to which traders were liquidated.

This was a stress-test to the project’s architecture that it managed to pass due to its decentralized and transparent nature. Aparte from today’s Robinhood listing, the platform has showcased its resilience and robust design during a black-swan event.

This favors a bullish outlook for $HYPE and could contribute to pushing the token higher in the long term.

Apart from promising projects like Hyperliquid, the best crypto presales can also deliver sizable gains to early buyers. Altcoin season has been temporarily derailed. However, once the market recovers, meme coins like Maxi Doge ($MAXI) could outperform the overall market.

Maxi Doge ($MAXI) Raises $3.7M to Turn This Bull Market’s Energy Into a Meme Coin

Maxi Doge ($MAXI) is a dog-themed Ethereum meme coin built around the thrill of trading and the chaos of crypto bull markets.

Inspired by the iconic Doge meme, $MAXI represents the spirit of fearless, over-caffeinated degens chasing green candles and sharing alpha along the way.

Through the Maxi Fund, this project will invest up to 25% of the presale’s proceeds into the most promising hidden gems of this cycle, with 1000X leverage to boost position sizes. The resulting gains will be used to fund Maxi Doge’s marketing efforts to raise awareness among the crypto community.

Moreover, $MAXI holders will be able to compete to earn attractive rewards and bragging rights through the Max Ripped and Max Gains contests, effectively turning leveraged trading into a competitive sport.

To buy $MAXI and join the pump, visit the official Maxi Doge website, and connect your wallet.

You can either swap USDT or ETH for this meme coin or use a bank card instead.