HYPE surged above $67 this morning, hitting a new all-time high, marking a gain of over 50% in the past two weeks.

BlockBeats News, May 30th, according to HTX market data, HYPE once broke through $67 this morning to hit a new all-time high, and is now retracing to $65.76, with a surge of over 50% in the past two weeks.

The current market capitalization is reported at $14.612 billion, ranking 11th on the cryptocurrency market cap list, with FDV rising to $62.751 billion.

Meanwhile, the on-chain HYPE whale's largest short position is facing a loss of over $35.6 million, while the largest long position is currently profiting by over $37.1 million, engaging in a head-to-head battle.

In addition, the community believes that HYPE is actively targeting the $70 goal, with the team's unlock scale significantly lower than expected; the U.S. market is about to launch truly perpetual contract products for the first time, seen as an important milestone in cryptocurrency derivatives regulation, expected to further drive adoption in the Hyperliquid ecosystem; Grayscale is also actively introducing related HYPE ETF products.