Intercontinental Exchange (ICE) CEO Jeff Sprecher has declared Hyperliquid "bigger than NASDAQ," marking a significant endorsement from a leading traditional finance executive. Sprecher's comments come as Hyperliquid's HIP-3 open interest reached a record $2.87 billion on May 28, 2026, highlighting the platform's rapid growth and increasing institutional attention. Sprecher praised the Hyperliquid team for their innovation, noting that while institutional clients are not yet trading on blockchain platforms, they are closely monitoring price discovery. He emphasized Hyperliquid's advantage in providing 24/7 trading, particularly during geopolitical events, and highlighted the platform's SpaceX pre-IPO contracts as a potential regulatory watershed moment. In tandem with these developments, Circle confirmed USDC as the aligned quote asset across all Hyperliquid markets, enhancing the platform's infrastructure. Hyperliquid's native token, HYPE, responded positively, rising 7.06% in 24 hours, underscoring the platform's growing influence in the financial sector.