Solana News Today: Hyperliquid Gains Momentum, Eyes 80% Price Surge Over Sui and Solana

Hyperliquid, a zero-fee trading platform, is gaining traction and drawing attention from analysts who believe it could soon surpass chains like Sui and Solana in market appeal. Recent data indicate a rising user base, and price projections suggest a potential 80% increase in the near future. The platform’s ability to eliminate transaction fees is seen as a major draw, especially in a market where cost efficiency is increasingly valued. Some industry observers believe this could trigger a rapid shift in market dynamics, with Hyperliquid potentially dominating in the next few months [1].

In a separate development, the $XYZ meme coin, part of the XYZVerse ecosystem, is preparing for a major listing on a centralized exchange (CEX) after a successful presale. The presale has already raised over $15 million, and the token’s price has risen from $0.0001 to $0.005. With the token entering the 14th stage of the presale, its price is set to increase to $0.01, offering early investors a significant discount. The XYZVerse team has not yet disclosed exact listing details but has hinted at a large-scale launch. The project is marketed toward a community of ambitious investors and sports enthusiasts, aiming to build a strong following and drive substantial price movement [1].

The XYZVerse ecosystem is designed to be community-driven, with airdrop incentives and token burns aimed at sustaining long-term value. A notable 10% of the total token supply—approximately 10 billion $XYZ—is allocated for airdrops, making it one of the largest in the sector. The tokenomics of $XYZ are structured to support growth, with strategic listings on both centralized and decentralized exchanges expected to further amplify its visibility and market capitalization [1].

On the technical front, Hyperliquid (HYPE) currently trades within a range of $40.59 to $47.22, with the 10-day and 100-day averages at $42.82 and $43.60, respectively. The RSI at 58 indicates a balanced market without overbought or oversold conditions, and the stochastic oscillator suggests potential for upward movement. Over the past six months, HYPE has gained 61%, outperforming its peers. Analysts note that a breakout above $50.81 could lead to an 8% to 15% short-term gain and sustain the upward trend [1].

Meanwhile, Sui (SUI) has seen a 5.03% weekly gain and a 40.54% monthly rise, recovering much of the 4.35% loss over the last six months. The token is now in the upper half of its yearly range, with RSI at 63.51 and a Stochastic reading above 94 indicating potential for a short-term pullback. If buyers continue to push the price, a test of the $5.00 level is anticipated, followed by a possible move toward $5.91 [1].

Solana (SOL) has shown a choppy week, slipping 4.4% despite a strong 17% gain over the past month. The token remains 22% below its six-month high, trading near its 10-day average of $180. Traders are closely watching the $160 support level, with a successful defense likely to push the price toward $221. If the level holds, a 10% to 15% advance in the coming weeks is seen as plausible [1].

The XYZVerse project is positioned as a disruptive force in the meme coin space, with ambitions of a 20,000% price surge. The platform leverages themes from football, basketball, MMA, and esports to build a strong, passionate community. With its aggressive airdrop strategy and strategic market moves, the project is being framed as a potential long-term play in the cryptocurrency market [1].

Source: [1] Hyperliquid’s Zero‑Fee Platform Could Surpass SUI and SOL—Analysts Eye an 80% Price Jump https://coinmarketcap.com/community/articles/688cd06af1e47848b58bb8e9/