According to CoinMeta, data from the second quarter of 2026 shows that the price of HYPE token increased by about 77%, while Bitcoin fell by 14.2%. This difference is due to Hyperliquid expanding its trading activities and attracting demand from exchange-traded funds in the United States. At the same time, blockchain records indicate that news related to pump.fun has sparked speculation about the integration of Hyperliquid. A report shared by a research collective of Hyperliquid indicates that HYPE once again outperformed Bitcoin and other major cryptocurrencies in the second quarter, reaching a new historical high. The report also shows that trading activity on the Hyperliquid network increased significantly, and market attention to the Hyperliquid ecosystem grew, which supported the price of HYPE.