Hyperliquid’s HYPE token surges past $50 amid stablecoin proposal competition

Hyperliquid’s governance token HYPE climbed above $50 during Asian trading hours, boosted by new bids to manage the decentralized exchange’s proposed stablecoin, USDH. According to CryptoSlate’s data, the token gained more than 7% in the last 24 hours to reach $50.08, edging close to its August peak of $51. This upward momentum reflects confidence in The post Hyperliquid’s HYPE token surges past $50 amid stablecoin proposal competition appeared first on CryptoSlate.