Arthur Hayes Predicts Hyperliquid’s HYPE Is Headed To $150 By August 2026
Arthur Hayes is making a high-conviction bet on Hyperliquid, arguing in a new essay that HYPE could climb to $150 by August 2026 even if the broader crypto backdrop stays weak. His case rests on a familiar exchange-token playbook, but updated for a market where decentralized perps, not centralized venues, are increasingly capturing the most valuable trading flow.Competition is the main objection Hayes tries to neutralize. He argues that headline volumes across perp DEXs can be distorted by wash trading, points farming and other incentives, making raw volume a poor measure of real usage.
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