Bitget Wallet’s integration with HyperEVM, the Ethereum-compatible smart contract layer powering the Hyperliquid Layer-1 blockchain, has ignited strong momentum across the DeFi sector.
The update expands Bitget’s reach to over 80 million users, granting seamless access to Hyperliquid’s deep onchain liquidity, programmable finance features, and cross-chain transfers.
The move effectively transforms Bitget Wallet into a major gateway for $HYPE token utilities, staking, and governance.
With Hyperliquid’s Total Value Locked (TVL) now surpassing $5 billion, the Layer-1 network continues to attract institutional capital and DeFi builders, strengthening its status among top-performing decentralized platforms.
Technical indicators reveal a classic bull flag formation, with analysts projecting a breakout toward the $52–$55 zone if momentum holds above $48.
The Money Flow Index (MFI) remains elevated at 63, indicating continued inflows and sustained investor confidence. However, failure to clear resistance could trigger short-term retracement toward $44 support before the next leg up.
Beyond price action, Hyperliquid’s fundamentals remain strong. The project generated over $111 million in fees over the past 30 days, ranking third among all DeFi protocols by revenue.
With $1.5 trillion in cumulative trading volume and dominance in decentralized derivatives, Hyperliquid’s ecosystem continues to expand even amid growing competition from Binance-backed Aster.
If bullish momentum persists and HyperEVM adoption accelerates, analysts suggest HYPE could reclaim $55 and test new highs above $60 in the coming weeks, cementing Hyperliquid’s reputation as one of DeFi’s most profitable and innovative ecosystems.
Cover image from ChatGPT, HYPEUSD chart from Tradingview
