Borderless Prediction Market Sees Platform Revenue Soar Amid Extreme Market Conditions, Ongoing HYPE Bullish Catalyst Drives Intraday Breakout Above $38

BlockBeats News, February 3rd, according to market information, HYPE broke through $38 during the day, with a peak of $38.42 and a 24-hour increase of 18.84%.

In recent days, the Hyperliquid ecosystem has seen a series of positive developments:

· The Hyperliquid ecosystem has promoted the HIP-4 proposal, which will soon launch prediction market services;

· Recently, whales represented by BTC OG insider whales experienced massive liquidations in extreme market conditions, driving up Hyperliquid HLP revenue;

· Dissatisfaction in the crypto community with centralized exchanges due to the "1011" incident has sparked FOMO about the future of DEX projects;

· On-chain whales continue to increase their positions;

All of the above positives have provided significant momentum for HYPE, driving the token to rise against the trend.