Hyperliquid Price Prediction – HYPE Eyes $48 as Tokenization Demand Grows

Highlights:

• Hyperliquid climbs 3% to $43 as volume jumps 19%, a pointer to bullish momentum and growing buyer interest.
• RWA tokenization tailwinds build as DTCC pilot and regulatory backing position Hyperliquid for potential long-term demand growth.
• A breakout above $44.73 could trigger a rally toward $47.92, while geopolitical risks may spark short-term volatility.

Hyperlinear (HYPE) is showing bullish intraday momentum, reflecting rising buyer optimism. When writing, HYPE was trading at $43.02, up 3.02% in the day. Hyperliquid trading volumes are also on the rise intraday, up 19.09% to stand at $300.5 million. The rising volumes indicate that buyers are getting stronger. As such, HYPE could be headed much higher in the short to medium term. Looking ahead, several factors hint at a continuation of the momentum HYPE is building intraday. 

Growing RWA Market Could Send Hyperliquid Price Higher

One of them is Hyperliquid’s growing strength in the trading of real-world assets. Currently, Hyperliquid trades more in real-world assets than it does cryptocurrencies. The trading of real-world assets could get an even bigger going into the future, as traditional finance increasingly gets involved, and regulators become more supportive.

For context, the DTCC has announced that it will begin a limited test of real-world trading assets in July 2026, before a full rollout in October. The rollout will target major assets, including all major US stock indices and US Treasury bills, among others.

The rollout also has the full support of US regulators, as the SEC has given it a no-action letter. Given that the overall asset tokenization market is only worth $30 billion, DTCC’s entry, which handles over $114 trillion, could significantly expand it. For platforms like Hyperliquid, the move by DTCC is a validation that the future is clear.

As such, they could offer even more tokenized assets, which could lead to higher transaction volumes over time. By extension, the value of HYPE, which underpins the entire HYPE ecosystem, could rally as demand rises. 

Broader Market Price Adding to HYPE Upside

Aside from the growing push towards tokenization, HYPE is getting a boost from the broader market. At the moment, Bitcoin is pushing higher after holding above a critical resistance at $79k. If the current momentum continues, all major altcoins will continue to show upside momentum.

$BTC is holding strong above $80K despite heavy profit-taking and that’s actually bullish.

2–3Y holders are locking in gains (some up 60–100%), with spikes over $200M/hr, yet price barely flinches. That tells you one thing: demand is absorbing supply.

Short squeezes are adding… pic.twitter.com/783BXLe4yX

— Greg Miller (@greg_miller05) May 5, 2026

HYPE, one of the larger altcoins showing upside momentum, will likely continue to attract strong investor interest as the broader market rallies. If Bitcoin pushes through $80k and sends signals of a possible rally back to all-time highs, HYPE could rally to new highs in the short to medium term. Already, HYPE is showing stronger momentum than most altcoins, which could trigger FOMO from investors hunting alphas. 

Renewed Middle East Hostilities May Stall HYPE Upside

However, there is reason for caution at least in the short term. That’s because after weeks of calm, tensions are up again in the Middle East. So far, markets appear to be shrugging off the renewed hostilities. However, if they keep escalating, the odds are that the markets could take a risk-off stance again. The result is that cryptocurrencies could see another selloff in the short term. Altcoins such as HYPE could experience a bigger dip if Bitcoin drops in the short term.

Technical Analysis – Hyperliquid Price Gains Momentum After Bouncing Off Support

HYPE continues surging higher after bouncing off the $39.62 support on May 1. If this momentum continues, the key level to watch will be the $44.73 resistance. If bulls are strong enough to push HYPE through the $44.73 resistance, a rally to $47.92 could follow.

On the other hand, if the bulls lose momentum and there is a correction, two scenarios could follow. The first is a consolidation around the $39.62 support. The second is where bears take control and push the Hyperliquid price through the $39.62 support. In such a case, a correction to $35.17 could follow.