Hyperliquid (HYPE) Rises 50% in 2 Weeks: Can It Pump Even More?

Will HYPE continue its uptrend or will it follow the market’s broader downtrend?

However, Hyperliquid (HYPE) is a clear exception, and its solid performance has led analysts to foresee further gains in the near future.

The lone survivor

Bitcoin (BTC) has crashed to a 14-month low of around $69,000, Ethereum (ETH) is struggling to hold the $2,000 level, while Ripple’s XRP and Solana (SOL) have plummeted 27% in the past seven days. However, Hyperliquid (HYPE) has somehow defied the ongoing carnage and is currently trading around $32, representing a 50% increase on a two-week scale.

The strong performance stems from a series of positive developments around the ecosystem. Earlier this week, Ripple announced that its institutional prime brokerage platform (called Ripple Prime) enabled support for Hyperliquid. Meanwhile, shades of gray recently revealed that this was encouraged by the rise of perpetual futures trading for non-crypto assets on the decentralized exchange.

Previously, on-chain data showed growing interest in HIP-3 activity amid skyrocketing trading volume and open interest. These numbers continued to rise as the market plummeted in recent days. reaches new peaks of $1 billion in OI and $4.8 billion in 24-hour volume.

HYPE has been the subject of numerous bullish predictions, and many analysts believe there is still fuel left for additional gains. The analystwith the X name Crypto General, expected volatility ahead and an eventual explosion above $100 later this year. Zach also spoke on the issue, arguing that there are “so many reasons to buy and hold HYPE.”

There are so many reasons to buy and hold $HYPE.

The more it takes over market share and volume, the greater its buybacks are, which is one of the reasons it is so strong.

I’d love to get a spot around the $25 annual opening, but who knows if it will happen

— Zach (@CryptoZachLA) February 4, 2026

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Popular analyst Crypto Tony also participated suggestive that HYPE “could do magical things when market conditions are right.” Those interested in additional bullish predictions for the token can read our dedicated article here.

Can it follow the pack?

It’s important to note that the broader crypto market remains shaky, and continued bearish conditions could ultimately weigh on HYPE as well.

Some analysts believe this is a likely outcome. The one using the X handle, Greeny, predicted that Hyperliquid’s native token could fall to $20 later in 2026.