Kategorie: Crypto Analysis

• The Hyperliquid Improvement Proposal 3 (HIP-3) upgrade enables permissionless perpetual market creation.
• Jeff Yan’s transparency push boosts trust in on-chain trading.
• Hyperliquid (HYPE) price has held above $40, eyeing resistance near $43.82.

Hyperliquid (HYPE) has rallied sharply today, with HYPE jumping about 13% to $41.67 as markets reacted to a major protocol upgrade and a renewed debate over exchange transparency.

The HYPE token price surge pared a weekly decline and sent market-cap metrics higher as traders digested both the technical and fundamental implications of recent events.

Activation of HIP-3 Hyperliquid upgrade

The headline driver is the activation of Hyperliquid Improvement Proposal 3 (HIP-3) on Oct. 13, a protocol upgrade that allows permissionless creation of perpetual futures markets.

Under the new rules, builders who stake 500,000 HYPE can deploy perp DEXs on HyperCore, a shift that explicitly links token utility to platform growth.

That staking mechanism creates immediate on-chain demand for HYPE while lowering barriers for derivatives builders, potentially expanding the range of tradable products and liquidity on the protocol.

This upgrade also aligns with Hyperliquid’s broader positioning as a fully on-chain DEX integrated with HyperEVM.

By design, every trade, order, and liquidation is logged transparently on the chain. For traders and market makers, the promise of open verification reduces counterparty risk tied to opaque internal reporting.

Hyperliquid’s founder criticises CEX’s non-transparent liquidation

Hyperliquid’s founder, Jeff Yan, amplified HYPE’s value proposition by publicly criticising centralised exchanges for underreporting liquidation events.

Yan pointed to documentation showing Binance’s CEX liquidation streams only publish a single event per 1,000 milliseconds, which can mask multiple simultaneous liquidations.

Hyperliquid’s fully onchain liquidations cannot be compared with underreported CEX liquidations

Hyperliquid is a blockchain where every order, trade, and liquidation happens onchain. Anyone can permissionlessly verify the chain’s execution, including all liquidations and their… pic.twitter.com/K5sv74LJgO

— jeff.hl (@chameleon_jeff) October 13, 2025

In the wake of a $19 billion liquidation cascade over Oct. 10–11, those comments hit home for many market participants.

The contrast between Hyperliquid’s on-chain record and alleged CEX underreporting has become a tradeable narrative.

Institutional and retail traders who prioritise verifiable execution may reallocate activity and capital toward venues where every liquidation is public and auditable.

That trust shift, if it persists, could support sustained volume on Hyperliquid.

HYPE token price analysis

Technically, HYPE has bounced off a longer-term support near the 200-day simple moving average, around $36.17, which attracted dip buying.

Momentum indicators look mixed: RSI sits close to oversold territory at about 38.8, suggesting room to run, while MACD readings remain bearish.

While Hyperliquid’s price has today cleared a short-term hurdle, meaningful overhead resistance exists, and bears have not yet capitulated.

According to some analysts like CoinLore, the token needs to hold above $39.80 to target the first resistance at $43.82, with higher resistances at $49.45 and $57.30.

On the downside, a failure of $39.87 could open the path toward $35.03, where longer-term support may be tested.

Hyperliquid price forecast and key levels to watch

In the near term, bullish momentum looks plausible if adoption follows the upgrade and if the transparency narrative continues to redirect volume into Hyperliquid.

A sustained hold above $40 is critical; it would validate the recent rebound and increase the chance of testing $43.82 as the next objective.

Failure to defend that zone, however, could see HYPE retest lower support near $35.

Traders should watch for concrete adoption signals over the next 48 hours: new perp deployments, on-chain staking activity, and consistent trade volumes on freshly minted markets.

The traders should also monitor how the broader market digests macro news, since systemic events can quickly overwhelm idiosyncratic catalysts.

If builders and traders embrace HIP-3, HYPE’s utility and demand could meaningfully outpace speculative momentum alone.

The post Hyperliquid price forecast: HIP-3 upgrade and CEO’s transparency crusade fuel bullish momentum appeared first on CoinJournal.

Key takeaways 

• Binance’s BNB is up 11% in the last 24 hours and has set a new all-time high of $1,370.
• The crypto exchange paid $283M in compensation to users affected by the depegging of three assets on its platform.

BNB hits a new ATH as Binance comes under fire

BNB, the native coin of the Binance ecosystem, has continued its excellent performance by hitting a new all-time high earlier today. The coin touched $1,370 early on Monday, setting a new all-time high in the process and hitting a market cap of $187 billion.

The third-largest cryptocurrency by market cap temporarily dropped to the $1,077 support on Friday as the broader crypto market recorded massive losses. However, it has since bounced back and is now trading above $1,300.

The rally also comes as Binance faces criticism from traders within the crypto community. Traders recorded massive losses on Friday as Binance depegged three Binance Earn assets.

The depeg occurred in three Binance Earn markets — Ethena’s stablecoin USDe, Binance-issued Solana liquid staking token BNSOL, and Wrapped Beacon liquid staking token WBETH.

However, Binance announced that it had paid $283 million in compensation to the affected users. Furthermore, it covered users with verified losses from internal transfers/Earn redemptions.

BNB could hit $1,500 as rally continues

While the broader crypto market is recovering, BNB has also rallied to a new all-time high. The BNB/USD 4-hour chart is bullish and efficient thanks to BNB’s rally over the last 24 hours.

The momentum indicators remain extremely bullish, suggesting that BNB could rally higher in the near term. The RSI of 63 shows that buyers are in control and could push BNB into the overbought region if the bullish bias persists. The MACD lines are also within the positive region, indicating a bullish bias.

If the rally continues, BNB could surge towards a new all-time high of $1,500 over the next few days or weeks. However, if BNB undergoes a correction, it could decline and retest the weekend low of $1,077 ovr the coming hours or days.

The post BNB hits a new ATH of $1,370 as the broader market recovers appeared first on CoinJournal.

TL;DR

• ETH is up 8.5% in the last 24 hours and is now trading above $4,100.
• The coin could extend its recovery if the daily candle closes above $4,232. 

ETH tops $4,100 after Friday’s flash crash

Ether, the second-largest cryptocurrency by market cap, is recovering excellently following Friday’s crash. The market crash saw ETH briefly touch the $3,500 region as it lost over 30% of its value within an hour.

However, the coin has now added 8.5% to its value over the last 24 hours and is now trading at $4,165 per coin. The crash was caused by President Trump announcing new tariffs against Chinese imports.

While commenting on the recent market events, Nick Forster, Founder at leading onchain options platform, Derive.xyz, stated that, on the day of the crash, options skew dropped sharply for both BTC and ETH, reflecting a rush into downside protection. Skew measures the relative demand for calls versus puts; a more negative value indicates higher demand for puts.

“Volatility spiked sharply across BTC and ETH markets. Typically, sharp selloffs only lift short-dated volatility (1-7 DTE) as traders expect near-term turbulence to subside. However, Friday’s downturn drove elevated volatility across all expiries, signaling expectations of sustained turbulence and a choppy road ahead,” Forster added. 

ETH could surge higher if the daily candle closes above $4,232 resistance

The ETH/USD 4-hour chart is bearish and inefficient thanks to Friday’s price action. ETH failed to find support around the daily level at $4,488 last week and dumped by over 20% on Friday. However, it has recovered slightly, closing above $4,150. At press time, ETH hovers at around $4,160.

Like Bitcoin, Ethereum’s MACD still supports the bearish view but could change soon as the buying pressure increases. The RSI of 54 is above the neutral 50, suggesting that buyers are regaining control of the market. 

If ETH continues its recovery and closes above the daily resistance at $4,232, the coin could surge higher towards the next key resistance level at $4,488. However, failure to overcome the $4,232 resistance could see ETH extend its decline toward the 61.8% Fibonacci retracement level at $3,593 in the coming days.

The post Ether price forecast: ETH eyes further recovery as price nears $4,200 appeared first on CoinJournal.

Key takeaways

• XRP is down 1% in the last 24 hours and risks dropping below the $2.70 support level.
• The bearish performance comes as Bitcoin and other leading altcoins underperform.

XRP continues to struggle below $3

XRP, the native coin of the Ripple ecosystem, is the worst performer among the top 10 cryptocurrencies by market cap this week. The coin lost 7% of its value in the last seven days and gave up its spot in the market list to BNB. 

The poor performance has seen XRP struggle to hit the $3.0 mark despite Bitcoin racing to a new all-time high and Ether surpassing $4,700. With Bitcoin’s rally currently undergoing a correction, XRP could face further downside movement in the near term.

The futures Open Interest (OI) continues to be poor, suggesting that traders are not optimistic of an XRP rally in the near term. The poor performance could see XRP drop below its crucial support level in the near term. 

XRP could dip below $2.70 as the bearish trend continues

The XRP/USD 4-hour chart is bullish and efficient despite XRP losing 7% of its value this week. Its price faced rejection from the upper trendline boundary since last week and has lost 8% of its value by Thursday. The poor performance saw XRP close below the 100-day Exponential Moving Average (EMA) at $2.85. At press time, XRP is trading at $2.808 per coin. 

The RSI of 36 is below the neutral level of 50, indicating bearish momentum is gaining traction. If the bearish trend continues, XRP could enter the oversold region soon. Furthermore, the Moving Average Convergence Divergence (MACD) indicator showed a bearish crossover earlier this week, flashing sell signals in the near term. 

If the correction persists, XRP could extend its decline towards the daily support at $2.70. A further downward movement could see XRP drop to the $2.68 low in the near term. 

However, if XRP recovers, it could extend its rally towards the key resistance level at $3.0 over the coming hours and days.

The post Ripple price forecast: XRP could slip below $2.70 appeared first on CoinJournal.

Key takeaways

• JUP, the native token of the Jupiter DEX, is up by less than 1% in the last 24 hours, but could rally higher in the near term.
• Jupiter is developing its own stablecoin, JupUSD, thanks to its partnership with Ethana Labs.

Jupiter to launch the JupUSD stablecoin

Solana-based decentralized exchange Jupiter announced on Wednesday that it will launch its own stablecoin, JupUSD, by the end of the year. The team added that the stablecoin will be native to the Solana blockchain and tightly integrated across Jupiter’s ecosystem, including its perpetuals platform, lending markets, and trading interfaces.

BREAKING: Jupiter is launching its own stablecoin 🥳

Built in partnership with @ethena_labs, engineered to connect the Jupiverse.$JupUSD, going live in Q4. pic.twitter.com/MWTNTwpvHJ

— Jupiter (🐱, 🐐) (@JupiterExchange) October 8, 2025

Jupiter is developing the stablecoin thanks to its partnership with Ethana Labs. Furthermore, JupUSD will be fully collateralized by Ethana Labs’ USDtb, a stablecoin that’s backed by treasury funds, including BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL).

JUP eyes $0.50 despite bearish PA

The JUP/USD 4H chart is bearish and efficient as Jupiter has lost 7% of its value in the last seven days. The news of the development of the JupUSD stablecoin could push JUP’s price higher in the near term.

The RSI of 43 is below the neutral 50, indicating that sellers are currently in control of the JUP/US pair. Furthermore, the MACD lines are within the negative territory, suggesting a bearish trend.

At press time, JUP is trading at $0.4367. If the coin recovers from its slump, it could surge higher towards the TLQ and resistance level at $0.477. An extended rally would allow the coin to top the $0.50 mark for the first time since September 22. 

However, failure to leverage the positive ecosystem news could see JUP drop to the support level at $0.41. This support level will likely hold in the near term, with bulls looking to leverage the growth of the broader cryptocurrency market. 

The post JUP eyes $0.50 on JupUSD stablecoin launch; Check forecast appeared first on CoinJournal.