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Hyperliquid hits new all-time high above $55 as USDH proposals surge

Key Takeaways

  • Hyperliquid native token HYPE reached a new all-time high above $55.
  • The price surge is linked to increased activity and momentum in USDH-related proposals.

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Hyperliquid reached a new all-time high above $55 today as proposals for USDH gained momentum.

The decentralized exchange token surged past its previous record, driven by increased activity around USDH-related proposals. The price movement marks continued growth for the platform’s native token.

Trading activity around Hyperliquid has intensified as market participants respond to the surge in USDH proposal submissions. The proposals appear to be generating significant interest within the platform’s community.

The all-time high represents a notable milestone for Hyperliquid, which has been building its position in the decentralized trading space. The correlation between the price surge and USDH proposal activity suggests growing engagement with the platform’s governance mechanisms.

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