Hyperliquid Sees Bullish Momentum from Cathie Wood and VanEck, HYPE Price Analysis

ARK Invest CEO Cathie Wood is bullish on Hyperliquid, comparing it to Solana's early breakout years. She sees decentralized exchanges reshaping trading infrastructure in the near future. Hyperliquid has also caught the attention of traditional finance heavyweights, with VanEck CEO Jan van Eck praising the blockchain's "advanced technology and decentralized governance." The token's price has corrected to $43.77 after reaching an all-time high of $59.39 in September, but Wood believes it has the potential to rally again.

ARK Invest CEO Cathie Wood has expressed a positive outlook on Hyperliquid, comparing the decentralized exchange (DEX) to Solana in its early days. Speaking on the Master Investor podcast, Wood highlighted Hyperliquid’s potential, stating, “It’s exciting. It reminds me of Solana in the earlier days, and Solana has proven its worth and is, you know, there with the big boys” ARK Invest’s Cathie Wood Sees Early Potential in Hyperliquid^[1].

Wood did not confirm any direct investment in Hyperliquid but emphasized that the protocol is firmly on ARK’s radar. ARK Invest currently holds Bitcoin, Ethereum, and Solana within its public funds. The firm’s exposure to Solana comes through Breera Sports, a project tied to the Solana treasury and backed by Middle Eastern investors ARK Invest’s Cathie Wood Sees Early Potential in Hyperliquid^[1].

Hyperliquid’s growing profile reflects a broader trend toward decentralized trading. Jamie Elkaleh, chief marketing officer at Bitget Wallet, noted that DEXs are attracting retail traders and quantitative investors seeking airdrops, low fees, and rapid execution. While institutions continue to prefer centralized exchanges (CEXs) for fiat access and regulatory compliance, the performance gap is shrinking. Order-book DEXs such as Hyperliquid and dYdX v4 now offer the speed and liquidity once unique to CEXs ARK Invest’s Cathie Wood Sees Early Potential in Hyperliquid^[1].

Hyperliquid’s stablecoin, USDH, launched this week, generating more than $2 million in trading activity. The stablecoin is backed by cash and short-term U.S. Treasury securities and is issued natively on HyperEVM, the exchange’s Ethereum-compatible execution layer. This launch marks an important step in reducing reliance on external stablecoins such as Circle’s USDC The Hyperliquid Stablecoin Is Now Live, After Fierce Governance Battle^[3].

Despite the positive developments, Hyperliquid faces increasing competition. Aster, a rival DEX incubated by former Binance CEO Changpeng Zhao, recorded $12 billion in daily perpetual contracts on September 23, outpacing Hyperliquid’s $9.8 billion. While Hyperliquid still leads in monthly volume, Aster’s surge highlights the intense competition in the DEX market Aster Beats Hyperliquid in Daily Perp Volumes With $12B Surge – Can It Keep the Momentum?^[4].

The token’s price has corrected to $43.77 after reaching an all-time high of $59.39 in September. Analysts suggest that if Hyperliquid can reclaim the $45–47 range and flip $51.36 into support, it could target the $55 level and potentially retest the all-time high of $59.39. Failure to hold the $40–41 support zone risks deeper losses, with potential downside toward $30 if bearish momentum accelerates ARK CEO Bullish on Hyperliquid: HYPE Rally to Extend?^[2].

Wood believes Hyperliquid has the potential to rally again, noting that it reminds her of Solana in its early days. Traditional finance heavyweights are also taking notice. VanEck CEO Jan van Eck praised Hyperliquid’s “advanced technology and decentralized governance” and hinted at future partnerships, showing significant demand for DEX infrastructures ARK CEO Bullish on Hyperliquid: HYPE Rally to Extend?^[2].