- Matt Hougan considers HYPE one of the most undervalued assets, calling the Hyperliquid platform a “global super app.”
- For the last year token increased in price by more than 77%.
Matt Hougan of Bitwise call Hyperliquid (HYPE) is one of the most undervalued assets in cryptocurrency today, despite the fact that this year token increased by 77%.
Hyperliquid is one of the most important crypto projects in recent years. Own token HYPE is the best-performing large-cap crypto asset of 2026, up 77% year-to-date [from January to December]. Yet, I believe investors are underestimating its impact and value. сказал Bitwise’s head of investment management, Matt Hougan.

He believes that HYPE’s misvaluation is partly due to the market’s perception of Hyperliquid solely as a cryptocurrency perpetual futures exchange. However, it should be considered a “global super app,” as nearly half of the platform’s trading volume is in non-crypto assets (stocks, prediction markets, etc.).
Last week the company Launched own spot HYPE-ETF on the New York Stock Exchange. This happened just a few days after the debut of a similar fund from 21Shares, which on the first day attracted $ 1,2 million.
Hyperliquid has risen in price by more than 20% over the past week, According to CoinMarketCap, and at the time of writing, the digital asset was trading at $48,30. Token ranks tenth in the list of cryptocurrencies by market capitalization.
Risk Warning:
The information on this website is for informational and educational purposes only and does not constitute investment advice or financial recommendations. Cryptocurrencies and digital assets carry a high level of risk, including possible loss of capital. The editors are not responsible for decisions made based on the published materials. It is recommended that you conduct your own research (DYOR) before making investment decisions. Read the editorial policy. https://happycoin.club/about/