Hyperliquid's HYPE Hits New All-Time High Above $75, Grayscale Says Token Looks Undervalued
The native token of Hyperliquid (HYPE) surged above $75 for the first time, extending one of the strongest rallies in the crypto market this year.


The native token of Hyperliquid (HYPE) surged above $75 for the first time, extending one of the strongest rallies in the crypto market this year.
The native token of the Hyperliquid project — $HYPE — set a new all-time high above $74. At one point, the asset was trading near $74.5, and at the time of writing, it was around $73.
NEAR Protocol and its native token rallied sharply amid a combination of short liquidations, renewed interest in AI-related crypto assets, and rising fee revenue from its cross-chain infrastructure. Over the past seven days, NEAR Protocol gained around 50% and climbed toward the $2.73 level.
The total market capitalization of stablecoins has surpassed a historic milestone, reaching $322 billion. This marks the highest stablecoin market capitalization ever recorded. As a result, stablecoin reserves now exceed the foreign currency reserves of 95 countries worldwide.
The native token of the decentralised perpetual futures exchange Hyperliquid has surged more than 50% over the past week amid growing institutional interest. Strong demand for the asset in the United States has been compared to the performance of Bitcoin.
The native token of the Hyperliquid ecosystem has surged more than 50% in about a week and exceeded the $50 level for the first time in approximately eight months.
According to Santiment, the number of wallets on the $XRP Ledger holding at least 10,000 $XRP has reached a record high of 332,230. This milestone marks the continuation of a steady accumulation trend that began in June 2024, despite the fact that $XRP is still trading roughly 60% below its all-time high.
Bitcoin broke above $80,000 on Monday, May 4, gaining 2.7% within three hours amid a rally in Asian equity markets. This marks the highest level since January 31, 2026.
On‑chain data from Santiment revealed a sharp rise in large Dogecoin transactions. Within a single day, the network recorded 739 transfers valued above $100,000. Major holders now control 108.52 billion $DOGE, marking an all‑time high concentration.
In the first quarter of 2026, the Ethereum blockchain recorded a record number of transactions since its launch. Over the three months, the figure reached 200.4 million transactions.
An analyst from the on-chain analytics platform CryptoQuant, known by the pseudonym Darkfost, stated that the next Bitcoin price peak may occur no earlier than February 2028.
Over the past 24 hours, the trading volume of the perpetual contract linked to oil prices (CL-$USDC) on Hyperliquid (HYPE) reached a historical peak of $1.89 billion.
The total value of stablecoins surpassed the historic level of $313 billion in March of this year. At the same time, global capital inflows to centralized cryptocurrency platforms remain negative.
At the beginning of March 2026, the crypto market appears to be heading toward a negative quarterly close. Nevertheless, some altcoins may still update their all-time highs.
The privacy-focused cryptocurrency Monero reached a new all-time high near $608, following an eight-day rally. XMR prices are now well above the previous resistance zone of $460–$480, which had capped gains for most of 2024.
Monero (XMR) rose 15.5% in a single day, 33% over the week, and approximately 186% over the past year. This marks the highest level reached by the coin in the last eight years, since its breakout to $542 in January 2018. Monero currently ranks 12th among cryptocurrencies by market capitalization. To enter the top ten largest crypto assets, Monero needs to surpass Bitcoin Cash (BCH) and Cardano (ADA).