#HYPE Hyperliquid (HYPE) is currently trading around $35, showing resilience despite a 6% pullback triggered by recent geopolitical tensions. The token was a standout performer in Q1 2026, delivering a 48% gain and significantly outperforming Bitcoin.

Market attention is now focused on a major 9.9 million HYPE token unlock scheduled for April 6, which could increase selling pressure. However, fundamental growth remains strong; the platform's HIP-3 infrastructure recently surpassed $1.5 billion in open interest, successfully integrating tokenized real-world assets like gold and equities. Analysts suggest that if HYPE holds the $35 support, it could target a move toward $43.75 later this month.
$HYPE