Hyperliquid (HYPE) has experienced a significant 36.5% price increase over the past week, reaching $48.18. The token's market capitalization is now $12.87 billion, bolstered by a daily trading volume of $693.84 million and a total value locked of $5.43 billion. Currently, HYPE is testing the $49.25 resistance level, with strong buyer interest driving the upward momentum.