Arthur Hayes predicts Hyperliquid could surpass Solana. He sets a $150 target for HYPE, citing strong revenue, buybacks, and growth plans. Arthur Hayes, co-founder of BitMEX, has made a bold prediction about Hyperliquid and its native token HYPE. He thinks that the decentralized derivatives platform may grow to be bigger than Solana in market value someday. Moreover, he has set a price target of $150 for HYPE before the current crypto bull run ends. Hayes Sets $150 Target for HYPE and Challenges Market Sentiment Hayes shared his thoughts on X, where he asked if the market is thinking big enough. He also refuted the notion that the crypto market is in a bear market. Rather, he emphasized the favorable performance of some of the alternative coins. Are we dreaming big enough? Looking at this list of mostly dogshit coins, I think $HYPE should at a minimum overtake $SOL before this bull run is over. pic.twitter.com/EZrZxHwNwR — Arthur Hayes (@CryptoHayes) May 30, 2026 In his post, he suggested that HYPE should at least surpass Solana before the end of this cycle. Furthermore, he noted that many tokens on the market are not as strong as Hyperliquid’s. According to CoinGecko data, Hyperliquid is currently trading at $68 to $69.50. The token has gained around 5% to 10% in the past 24 hours. In the meantime, its market cap is close to $17.5 billion, and the trading volume is more than $1.1 billion per day. Strong Revenue Model and Buyback System Support Growth  Hyperliquid is one of the most profitable projects in the crypto industry, apart from stablecoins. This show has been gaining more and more popularity among traders and investors.  Related Reading: Hyperliquid Eyes Wall Street Scale as HYPE Grows  In addition, the protocol has a special buyback system. Around 97% of its fee revenue is used to purchase HYPE tokens from the open market. This means that the price of the token is always pushed up by buyers, and the number of tokens in circulation is steadily decreased over time. Furthermore, Hyperliquid is branching out from the traditional crypto trading market. It has a HIP-3 upgrade that enables permissionless perpetual contracts, and a HIP-4 upgrade that adds prediction markets. The enhancements have boosted the trading of tokenized assets, including gold, silver, and oil. Expansion Strategy and Market Competition Outlook Hayes thinks Hyperliquid has a solid long-term momentum due to these developments. He believes that the platform’s business model and token functionality may enable it to outperform its rivals, such as Solana. On the other hand, Solana’s retail-driven meme coin activity has slowed down, impacting its network growth. This change has created opportunities for other high-performance platforms to get noticed. Hayes has also reportedly built up his HYPE position, further strengthening his bullish position. Further, traditional finance players such as ICE’s CEO Jeffrey Sprecher have admitted that Hyperliquid can be a rival to the big financial venues. Hayes believes that HYPE may be in the $100 to $150 range this cycle. As a result, the question of whether Hyperliquid can outperform Solana is emerging as a central theme in the ongoing market cycle. The post Hayes Expects Hyperliquid to Become Bigger Than Solana appeared first on Live Bitcoin News.

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