Key Insights:
- Hyperliquid (HYPE) crypto price jumps after Trump signals a possible compliant US entry.
- HYPE crypto price rises as trading volume surges above $1.5 billion.
- Coinbase brings Hyperliquid-powered perpetual futures to the Base App.
Hyperliquid price jumped 23% as President Donald Trump said the decentralized exchange could enter the United States in a fully compliant and legal way, adding fresh attention to HYPE crypto price and its growing role in perpetual futures trading.
Hyperliquid Price Rises After Trump Signals US Plans
The Hyperliquid crypto price moved sharply higher after President Donald Trump mentioned the project during a press conference on Wednesday, Bloomberg reported. At the time, Trump said Commodity Futures Trading Commission Chair Mike Selig was working to bring Hyperliquid into the United States in a “fully compliant and legal fashion.”
The comments came as the crypto market was already having a strong day. CoinMarketCap data showed that Bitcoin was trading at its highest level since June, while Trump was also scheduled to meet with leaders from the crypto industry.
However, the comments about Hyperliquid quickly became a major focus for traders. The HYPE crypto price was $72.76, up over 24% from yesterday, according to CoinMarketCap data. Its market value stood at about $18.28 billion, while trading volume reached $1.52 billion, a 542.05% increase over the same period.
The move shows how strongly the market reacted to the possibility of Hyperliquid gaining access to the US market. US residents are currently not allowed to use the platform, making Trump’s comments important for the project and traders watching its next stage of growth.
HYPE Crypto Price Gets Fresh Attention
Hyperliquid price has gained attention as a major home for perpetual futures trading. These contracts allow traders to take long or short positions without an expiry date and can involve high leverage.
That market has become increasingly important in crypto trading. A post from Hyperliquid Daily highlighted Coinbase’s integration of Hyperliquid-powered perpetual futures into the Base App.
The integration gives eligible Base App users access to more than 290 perpetual markets covering crypto, equities and commodities. The post said users can trade with up to 50x leverage, while execution is powered by Hyperliquid.
Coinbase is not building a separate perpetual futures engine for the service. Instead, it is using Hyperliquid’s liquidity and execution through the Base App. The move gives Hyperliquid another connection to a major crypto platform and adds to the attention around its technology.
According to the information shared in the post, Coinbase said perpetual futures now make up about 75% of crypto trading volume and are among the most requested features from Base App power users.
With the HYPE crypto price already moving higher, the Coinbase integration adds another development for traders to watch as the US access discussion grows.
US Entry Could Expand Hyperliquid Reach
Trump’s comments also brought a wider question into focus: what would a compliant US launch mean for Hyperliquid and other decentralized trading platforms?
CZ, the former Binance chief, said on X that the issue should not be viewed as being about only one project. He argued that a policy that works for Hyperliquid could also benefit other decentralized services and perpetual futures exchanges.
That view was also reflected in comments shared after Trump spoke. The argument is that allowing Hyperliquid into the US could open the door for more decentralized services to serve American users under clear rules.
For traders, the possibility of US access gives the Hyperliquid price another factor to watch. The token was already showing strong market activity, with its 24-hour volume rising sharply alongside the price.
HYPE has a circulating supply of about 252.37 million tokens, against a total supply of 952.48 million. Its fully diluted value was listed at about $69 billion, CoinMarketCap data showed.
The next steps will depend on whether the project can actually enter the US market under the legal and regulatory framework Trump referenced. For now, his comments have placed Hyperliquid firmly back in focus, while the HYPE crypto price reflects the strong reaction from the market.
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