Key takeaways
- $HYPEis up 10% in the last 24 hours, outperforming the other major cryptocurrencies.
- The coin could surge towards the $50 psychological level in the near term.
Hyperliquid ($HYPE) nears $40 as US-Iran ceasefire boosts market sentiment
$HYPE, the native coin of the Hyperliquid DEX, is approaching the $40 mark on Wednesday, extending its recovery linked to t