HYPE surges over 22% in 24 hours; Trump Says SEC Chair is Pushing for Hyperliquid to Enter the US in Compliance

BlockBeats News, August 20th, according to HTX market data, HYPE has surged over 22% in the past 24 hours, now trading at $71.94.

On the news front, U.S. President Trump stated that the SEC Chairman is pushing for Hyperliquid to enter the U.S. market. Trump said that relevant work is underway with the goal of allowing Hyperliquid to operate within the U.S. regulatory framework. No specific implementation plan or timeline has been announced yet.

Prior to this, representatives of Hyperliquid had discussions with the U.S. SEC Cryptocurrency Working Group on digital asset regulation, involving the Hyperliquid ecosystem, technical architecture, and market oversight.