Bitwise calls HYPE a ‘Gen 2’ crypto token, says its undervalued

HYPE

HYPE/USDT

$57.212

+1.81%

$57.212

+1.81%

(24s)

24h Volume

$245,188,181.00

24h H/L

$57.61 / $56.23

Change: $1.38 (2.45%)

Funding Rate

+0.0040%

Longs pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$57.29

▲ 0.63%

Volume (24h): -

Resistance Levels

Resistance 3$62.1584

Resistance 2$59.7549

Resistance 1$57.5833

Price$57.29

Support 1$56.7086

Support 2$55.1361

Support 3$53.0016

Pivot (PP):$56.7333

Trend:Sideways

RSI (14):50.9

The Block Editorial

(08:58 PM UTC)

1 min read

Approved byEmily Watson

0 comments

Bitwise Chief Investment Officer Matt Hougan said Hyperliquid’s HYPE token remains undervalued as the popular trading platform expands beyond crypto into equities, pre-IPO stocks, commodities and prediction markets.

"HYPE, is the best-performing large-cap crypto asset of 2026, up 77% YTD. And yet I still think investors are underestimating its impact and its value," Hougan said in a note.

A…