HYPER surged 10% today as trading volume more than doubled following its listing on Upbit, pushing the price to retest the key $0.20 resistance zone.
Hyperlane (HYPER) price jumped 10% today, with trading volume surging over 100%, fueled by the recent listing on Upbit. With this surge, the price broke above the key resistance on the daily chart at $0.18, hitting an intraday high of $0.20 before retracing to $0.16 at press time. Despite the pullback, HYPER remains above the previous consolidation range of $0.13–$0.15, maintaining a short-term bullish structure.
Today’s intraday wick also retested the $0.20 level — the previous horizontal resistance where price last attempted a recovery after a sharp April sell-off. This move also completes a clean double-bottom pattern on the 4-hour chart, with the neckline breakout at $0.16.
If momentum builds, the key level to watch is $0.20—today’s intraday high. A decisive close above it could open the path toward the next resistance at $0.25, which marked the April peak before the breakdown below $0.20. The bullish outlook would be invalidated on a drop below the $0.13 support, which served as the base of the recent consolidation.
Momentum indicators support a mildly bullish case. RSI is in the neutral territory at 55. It recently bounced off the 45 level, indicating that buyers stepped before it plunged into the oversold zone. MACD line just crossed above signal line with a tiny histogram flipping green, which indicates early-stage bullish momentum.
The price has also broken above 20 EMA on the 4-hour chart and is holding above it on pullback, further supporting the bullish thesis.
HYPER is the native token of the Hyperlane, a cross-chain interoperability protocol. Since its launch in 2022, the protocol has connected over 100 blockchains and facilitated more than $5 billion in bridged value. It currently supports 5+ virtual machines, including Ethereum (ETH) and Solana (SOL).
The HYPER token itself was officially launched on April 22. A day after launch, the token saw a modest surge of 30% from the TGE price of $0.27 to its ATH at $0.36. Prior to its public debut, HYPER was offered at just $0.03 during its IDO on Binance Wallet, meaning early participants saw a 1,100% return at peak.
Since launch, HYPER has secured listings on major centralized exchanges, including Binance, KuCoin, Gate.io, Bybit, MEXC, and most recently, Upbit. The token currently holds a modest market cap of just 28 million.
