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Cryptocurrency News Articles

HBAR Poised for Breakout Amid Accumulation Phase as Hyperliquid (HYPE) Price Surges 60%

Apr 17, 2025 at 12:56 am

HBAR has been consolidating within a narrow range for over four days, suggesting a potential accumulation phase. As a result, this period of sideways movement has led to the buildup of liquidity on both sides of the current price.

HBAR Poised for Breakout Amid Accumulation Phase as Hyperliquid (HYPE) Price Surges 60%

When market activity stalls, it’s often a signal that something bigger is on the horizon. In the crypto market, periods of tight consolidation can either foreshadow a breakout or a deeper retracement, depending on key levels and technical indicators.

Currently, Hedera (HBAR) has been locked in a small consolidation range for four days, suggesting a potential accumulation phase. This period of sideways movement has led to the buildup of liquidity on both sides of the current price. Demand zones below remain untouched, while liquidity above continues to grow, indicating possible bullish momentum.

A dip into the lower demand zones followed by a strong reaction could trigger an upward move, targeting the liquidity above. However, if these demand zones fail to hold, a deeper retracement may occur. Nevertheless, the lack of downward pressure makes this less likely. There’s also the possibility of a fake-out, where the price briefly moves upward to trigger breakout entries before reversing.

Considering all these factors, patience and observation are crucial. The tight consolidation suggests that a significant move is imminent. Therefore, traders should monitor key levels and await confirmation before making decisions. This Hedera (HBAR) Price Prediction highlights the importance of strategic planning in anticipating market movements.

On the other hand, Hyperliquid’s HYPE token has surged over 60% in the past month, currently trading around $15.7 with a market cap of $5.2 billion. This surge is fueled by strategic buybacks via the Assistance Fund (AF), which has withdrawn over 20 million HYPE—approximately $310 million—from circulation. For instance, a $3 million buyback on April 9, 2025, boosted the price by 6% in just 24 hours.

Moreover, the HyperEVM, an Ethereum-compatible layer, is attracting developers and users with its low fees and high performance. To date, approximately 12.9 million HYPE tokens (around $200 million) are already engaged on HyperEVM.

Analysts project the Hyperliquid (HYPE) price could reach between $52.96 and $101.84 by the end of 2025. Strong fundamentals and growing adoption suggest HYPE may continue its upward trajectory.

5% Referral Program Fuels Massive Incubation As BlockDAG Mobilizes Global Community

While HBAR and HYPE are showing potential for gains, BlockDAG is forging a different path with community involvement. The project has launched a 5% affiliate program to empower users and generate widespread engagement.

This program allows users to generate a unique referral link from the official presale dashboard, earning them 10% of every purchase made through it. The initiative is open to anyone in the BlockDAG community.

With over $214 million raised and 19.2 billion coins sold, BlockDAG is currently in batch 27 of its presale, priced at $0.0248. Early buyers who purchased in batch one at $0.001 can now enjoy a staggering 2,380% ROI.

The project’s tagline, “small price, big dream,” underscores its potential for significant gains. Moreover, the affiliate system plays a strategic role in scaling BlockDAG’s reach without relying on conventional advertising.

As more participants share their links across social channels and messaging platforms, BlockDAG taps into organic growth with minimal friction. This setup fosters a win-win dynamic, where users earn real income while the project amplifies its global footprint.

In a market where community matters as much as code, this referral model is proving to be more than just a perk—it’s a growth catalyst.

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Other articles published on Apr 19, 2025