ICE-Trade [ XYZ ] Cooperation has enhanced institutional interest and improved the price prospects of Hyperliquid.
After breaking above $90, the price target for HYPE is set at $95, which could further open the door to the psychological barrier of $100.
The broader crypto market faced strong selling pressure after a $6.3 billion hacking incident on Binance, which triggered the liquidation of long positions worth $1.5 billion. Meanwhile, Hyperliquid moved against the trend, performing contrary to market sentiment. Its strength stems from growing interest from institutions, which is related to a major collaboration involving intercontinental exchanges (Intercontinental Exchange, ICE) and Trade. ICE is the parent company of the New York Stock Exchange.
As these developments increase market attention, the bulls of HYPE seem to have gained a new catalyst. However, can the institutional momentum be transformed into sustained buying pressure that will push the token above $100 and pave the way for another attempt to reach historical highs?
ICE-Trade [ XYZ ] combined into HYPE acts as a catalyst for rebound and institutional growth
Hyperliquid has seen a recent strengthening in price, coinciding with a significant institutional advancement between Intercontinental Exchange ( ICE ) and Trade ( XYZ ). This agreement aims to launch a perpetual contract market based on Hyperliquid in the United States, which could potentially expand the platform's business scope beyond existing crypto trading activities.
According to the proposed arrangement, ICE will operate regulated exchanges and clearing infrastructure, while Trade [ XYZ ] will develop and implement a perpetual contract market. Hyperliquid will provide the underlying blockchain infrastructure through its HIP-3 framework, which allows third parties to deploy perpetual contract markets without permission. Amidst the pressures on the broader crypto market, this development brings potential catalysts for institutional adoption.
HYPE Price rebounds from key support levels
The price of Hyperliquid shows signs of a bullish recovery, with the token rebounding from the $78 to $80 support range. It has recently risen to $91.50, bringing the previous historical high near $98 back into focus, while the $100 psychological barrier remains the next major upward target. The chart below indicates that the price of HYPE has once again surpassed the daily pivot point of $88.03, shifting the short-term momentum in favor of buyers.
RSI has risen significantly, breaking through its signal moving average of 44.12, indicating that bullish momentum is strengthening. This indicator is not yet close to the overbought threshold of 70, suggesting that there may still be room for further gains. On the other hand, this bullish candlestick is accompanied by an increase in trading volume, indicating a resurgence in buying interest. However, the range between $98 and $101 remains an important resistance level; if it cannot be broken through, it could trigger profit-taking and pull prices back below $90.
Key levels to watch
- Immediate resistance: $98
- Main resistance: $100.89
- Potential upside target: $108.56
- Immediate support: $88.03
- Next support level: $78.08
- Main demand range: $72 to $74
Hyperliquid Price Forecast: Can Institutional Interest Drive a Breakthrough Above $100?
With the new catalyst brought about by the cooperation between ICE-Trade and [XYZ], the price outlook for Hyperliquid remains positive. Technically speaking, this rebound has once again made $98 (the previous high) and $100 (a psychological resistance level) the focus of attention. If a breakthrough above $94 can be confirmed, it could open the way for a push towards $100; however, if there is a pullback, prices might fall back below $90.
Overall, the price forecast for Hyperliquid in 2026 still depends on two key factors: continued institutional adoption and a clear technical breakthrough. Although the current momentum is favorable for buyers, the price of HYPE needs to regain its previous historical highs in order to establish a stronger bullish structure and continue the upward trend.
