Hyperliquid (HYPE) Price Prediction for November 2025: Will the Rally Continue?
Hyperliquid’s HYPE token has quickly become one of the most talked-about assets in the crypto market, thanks to its growing ecosystem and strong community support. As we move into November 2025, traders are closely watching whether HYPE can maintain its momentum or see a pullback after recent market volatility. With increasing trading activity, rising liquidity, and expanding adoption of the Hyperliquid platform, this month could play a key role in shaping HYPE’s long-term price direction. In this article, we’ll break down the latest market trends, technical signals, and key factors influencing HYPE’s price outlook for November 2025.
What is Hyperliquid (HYPE)?
Before we jump into the price prediction, let’s quickly cover what makes Hyperliquid special.
Hyperliquid is a high-performance Layer 1 blockchain built specifically for decentralized finance (DeFi). Its flagship product is a fully on-chain perpetual futures exchange that offers traders lightning-fast transactions with minimal fees. Think of it as a decentralized version of popular centralized exchanges, but with complete transparency and user control.
The HYPE token powers this ecosystem. It’s used for governance, staking (where users can earn yields of up to 55% APY), and as the gas token for the HyperEVM network. What makes HYPE particularly interesting is its deflationary mechanism—97% of platform fees are used for token buybacks, which permanently removes tokens from circulation and can drive scarcity.
HYPE Price Today: Current Market Status
HYPE Price: Loading…
As of late November 2025, HYPE is trading around $35.69 USD. The token has experienced significant volatility throughout November, reflecting broader market uncertainty and specific challenges facing the project.
With a market cap ranking of #18 on CoinGecko, HYPE has a circulating supply of 270 million tokens out of a total supply of nearly 1 billion. The token reached an all-time high of $59.39 in September 2025, but has since pulled back along with the broader altcoin market.
November’s Performance: A Roller Coaster Month
November 2025 has been challenging for HYPE. The token shed to $36 by mid-November as altcoins and blue-chip cryptos took major hits. Despite this decline, the token has shown resilience by maintaining support above critical levels.
HYPE surged 6.7% to $41.28 at one point in November amid crypto winter, defying broader market declines. This unexpected rise highlighted the speculative interest and strong community backing the project enjoys, even during bearish market conditions.
Technical Analysis: What the Charts Are Telling Us
Let’s break down the technical picture for HYPE in simple terms.
Key Support and Resistance Levels
Based on technical analysis, Hyperliquid has support levels at $28.18, $26.34, and the strongest support at $23.20. Resistance levels are positioned at $33.17, $36.31, and higher.
Currently, the token is testing mid-range support levels. Price is hovering near a support area around $33–35, a level that has repeatedly absorbed selling but is weakening. This is a critical zone—if it holds, we could see a bounce. If it breaks, the next stop might be the $28-30 range.
Moving Averages and Momentum Indicators
The moving averages paint a mixed picture. The 200-day simple moving average is projected to hit $35.70 by December 23, 2025, while the 50-day SMA is estimated to reach $30.73.
One encouraging signal: The RSI (Relative Strength Index) is at 28.88, indicating that the HYPE market is in an oversold position. In crypto trading, when an asset becomes oversold, it often signals a potential bounce as bargain hunters step in.
Chart Patterns: What Traders Are Watching
Technical analysts have identified “Adam and Eve” chart patterns targeting $50.64-$60.05 levels. These bullish patterns, if they play out, could signal a significant upward move from current levels.
However, for HYPE to enter into a bullish trend again, bulls need to break above $45 and reclaim it as support. Until that happens, caution is warranted.
The Elephant in the Room: November 29 Token Unlock
One of the biggest events impacting HYPE’s November price action is the upcoming token unlock scheduled for November 29, 2025.
Understanding the Token Unlock
Hyperliquid will distribute 9.92 million HYPE tokens worth $327 million, all allocated to core contributors. This represents a significant injection of new supply into the market—about 2.66% of the circulating supply.
Token unlocks are common in crypto projects, but they can create short-term selling pressure if recipients decide to cash out. Think of it like a company’s employee stock options becoming available—some people will hold, while others will sell to lock in profits.
Market Reaction to the Unlock
Spot volume fell 36% to $271 million in the past 24 hours, and Hyperliquid futures volume slipped to $1.12 billion, down nearly 30%. This decline in trading activity suggests traders are reducing exposure ahead of the unlock event, taking a “wait and see” approach.
The key question: Will the unlock trigger a selloff, or has the market already priced it in?
Market Sentiment: Bulls vs. Bears
The crypto community is divided on HYPE’s short-term prospects, with compelling arguments on both sides.
The Bullish Case
Several factors support an optimistic outlook for HYPE:
1. Strong Platform Fundamentals Hyperliquid is clocking $8 billion in daily perpetual volume and over $6.5 billion in open interest, outpacing most rivals in raw liquidity and user adoption. These aren’t small numbers—they show that traders are actively using the platform.
2. Revenue and Buyback Mechanism In the past 24 hours, Hyperliquid recorded $2.6 million in fees and project revenue. Remember that 97% of these fees fund HYPE buybacks, creating constant buying pressure that can support the price long-term.
3. Ecosystem Developments HIP-3’s “growth mode” reduces taker fees to 0.00144–0.00288% for high-volume markets, incentivizing new perpetual listings. Lower fees attract more traders, potentially boosting volume and demand for HYPE.
4. Institutional Interest Hyperliquid aims to close a $1 billion SPAC merger by late 2025 to fuel HYPE buybacks and ecosystem expansion. This institutional capital could enhance liquidity and bring mainstream credibility to the project.
5. Whale Activity Three whales opened leveraged long positions on BTC/ETH via Hyperliquid, totaling $92.87M. When big players commit capital, it often signals confidence in the platform’s future.
The Bearish Case
On the flip side, several concerns are weighing on HYPE’s price:
1. Token Unlock Pressure As mentioned, the November 29 unlock represents significant potential selling pressure. At current prices, the unlock adds approximately $500 million per month in sell pressure over 24 months, and buybacks offset only about 17% of this.
2. Broader Market Weakness Bitcoin faced a challenging period, extending a weeks-long slump with a decline to around $80,553, contributing to a nearly 25% loss in November. When Bitcoin struggles, altcoins typically suffer even more.
3. Technical Weakness According to price prediction models, HYPE is forecasted to drop by 25.23% and reach $23.58 by December 23, 2025, with current sentiment bearish and the Fear & Greed Index showing 13 (Extreme Fear).
4. Governance Controversies Hyperliquid Labs triggered backlash by reassigning the MON ticker from Pixelmon (purchased for $500K in 2024) to Monad’s token. This controversy raised questions about the platform’s commitment to decentralization and fair governance.
Hyperliquid Price Prediction November 2025: The Verdict
So, what’s the bottom line? Will HYPE rally or decline in the remainder of November 2025?
Short-Term Outlook (Remainder of November)
Based on our analysis, the immediate outlook for HYPE is cautiously neutral to slightly bearish, with the following scenarios:
Base Case (Most Likely): HYPE consolidates between $33-42 through the end of November, with volatility around the November 29 unlock. If the support at $33-35 holds and the unlock is absorbed smoothly, we could see a move back toward $40-42 by month’s end.
Bullish Scenario: If broader crypto market sentiment improves and ecosystem activity strengthens, HYPE could target $43 and $44 by the end of November 2025. A strong bounce from oversold conditions could attract momentum traders.
Bearish Scenario: If the $33-35 support breaks on heavy selling around the unlock, HYPE could drift into the $28–30 zone. This would represent a significant correction but would likely create attractive buying opportunities for long-term investors.
Key Price Levels to Watch
- Critical Support: $33-35 (immediate), $28-30 (secondary)
- Key Resistance: $42-43, $45, $50
- Breakout Target: $55-60 if bulls regain full control
Factors That Could Drive HYPE Higher
Several catalysts could trigger a HYPE price rally in the coming weeks:
- Successful Unlock Absorption: If the November 29 unlock doesn’t trigger panic selling, it could clear uncertainty and allow bulls to regain control.
- Bitcoin Recovery: A Bitcoin bounce above $90,000 would likely lift the entire altcoin market, including HYPE.
- Increased Trading Volume: Higher activity on the Hyperliquid platform directly feeds the buyback mechanism, creating organic buying pressure.
- SPAC Merger Announcement: Any progress on the $1 billion merger could boost investor confidence.
- New Partnership Announcements: Integration with major DeFi protocols or partnerships with established projects could drive adoption.
Real-World Example: Learning from Similar Tokens
To understand HYPE’s potential, it’s helpful to look at similar DeFi tokens during challenging periods.
Consider Uniswap (UNI), another decentralized exchange token. During previous market downturns, UNI often underperformed in the short term as traders reduced risk exposure. However, the token consistently rebounded as platform usage remained strong and fundamental value became clear.
HYPE faces a similar dynamic. Short-term price action may be volatile, but as fundamentals remain strong with lots of daily revenue and Hyperliquid Strategies backing and aspiration to raise $1B for HYPE token purchases, there seems to be enough bullish data for long-term investors.
Is HYPE a Good Buy in November 2025?
This is the million-dollar question, and the answer depends on your investment timeline and risk tolerance.
For Short-Term Traders
HYPE carries significant short-term risk due to:
- The upcoming token unlock
- Bearish technical indicators
- Broader market weakness
Short-term traders should wait for clearer signals, such as a confirmed break above $45 or a successful defense of the $33-35 support zone. Analysts warn HYPE’s rally lacks fundamental catalysts in the near term, making it a high-risk proposition for quick profits.
For Long-Term Investors
For those with a longer time horizon, current levels might present an opportunity. The token’s strong fundamentals, deflationary mechanism, and growing platform adoption suggest potential for significant growth once market conditions improve.
Consider dollar-cost averaging (buying small amounts over time) rather than making one large purchase. This strategy helps you avoid buying at the top while building a position in a promising asset.
HYPE Crypto Price Prediction: Beyond November
While this article focuses on November 2025, it’s worth briefly looking ahead:
December 2025 Outlook: The main rally could come in December, targeting $59 and potentially reaching $80 if post-unlock conditions settle favorably and trading activity increases.
2026 and Beyond: Various analysts project HYPE could reach $60-185 by 2030, depending on adoption rates and ecosystem growth. These long-term predictions assume continued platform development and favorable market conditions.
Frequently Asked Questions (FAQs)
Will Hyperliquid (HYPE) pump in November?
A significant pump in the remainder of November 2025 appears unlikely given current market conditions and the upcoming token unlock. However, a modest recovery from oversold levels toward $40-43 is possible if support holds.
Why is HYPE price rising/falling this November?
HYPE’s November volatility reflects multiple factors: broader crypto market weakness, anticipation of the November 29 token unlock, ongoing speculative trading, and mixed sentiment around platform developments. The token briefly rose earlier in the month due to trading volume spikes and bullish traders, but has since pulled back on profit-taking and uncertainty.
What is the HYPE crypto prediction for November 2025?
Most analysis suggests HYPE will trade in the $30-45 range for the remainder of November, with the $33-35 support zone being critical. A break below could lead to a move toward $28-30, while holding support and positive news could push toward $42-45.
Hyperliquid price forecast after market pump?
If HYPE experiences a significant rally, the first resistance levels to watch are $45-50. A sustained break above $50 could target the previous high of $59, with some analysts projecting $60-70 in an optimistic scenario where ecosystem growth and institutional adoption accelerate.
Is HYPE crypto a good investment right now?
HYPE presents both opportunities and risks. For long-term investors willing to withstand volatility, current levels may offer value given strong platform fundamentals. However, short-term traders should exercise caution due to the upcoming unlock and bearish technical indicators. Always invest only what you can afford to lose.
What makes Hyperliquid different from other DEXs?
Hyperliquid runs on its own Layer 1 blockchain optimized for performance, offering fully on-chain order books, zero gas fees for trading, and sub-second transaction finality. Its 97% fee redistribution mechanism for buybacks is also unique in the DEX space.
How does the HYPE token unlock affect the price?
Token unlocks increase circulating supply, which can create selling pressure if recipients sell their newly unlocked tokens. However, the impact depends on market conditions, holder sentiment, and whether the event was already priced in by the market.
Conclusion: Navigating HYPE’s November Journey
Hyperliquid (HYPE) faces a pivotal moment as November 2025 draws to a close. The token’s path forward depends on several key factors: how the market absorbs the November 29 token unlock, whether Bitcoin can stabilize and recover, and whether the platform continues to grow its user base and trading volume.
For investors, the key takeaway is this: HYPE’s long-term fundamentals remain strong, but short-term volatility should be expected. The token trades at a discount from its all-time high, potentially offering value for patient investors, but timing is crucial.
If you’re considering investing in HYPE, take these steps:
- Do Your Own Research: Don’t rely solely on price predictions. Study the Hyperliquid platform, understand its technology, and evaluate its competitive position.
- Manage Risk: Never invest more than you can afford to lose. Consider position sizing and stop-losses if you’re trading actively.
- Think Long-Term: Crypto markets are volatile. The best opportunities often come from holding quality projects through market cycles.
- Stay Informed: Follow Hyperliquid’s official channels for updates on platform developments, governance decisions, and ecosystem growth.
- Watch Key Levels: Monitor the $33-35 support and $45 resistance levels for trading signals.
The cryptocurrency market is inherently unpredictable, and HYPE is no exception. Whether it rallies or corrects in the coming weeks, the underlying technology and growing adoption suggest that Hyperliquid remains a project worth watching.
Chart: HYPE Price Movement and Key Levels
HYPE Price Analysis - November 2025
$60 ┤ ATH: $59.39 (Sept 2025)
│
$55 ┤ Target Zone (Bullish)
│
$50 ┤ ╭─╮ Resistance: $45-50
│ ╱ ╲
$45 ┤ ╱ ╰╮ Current Resistance
│ ╱ ╰╮
$40 ┤ ╱ ╰─╮
│ ╱ ╰╮ Mid-Range: $35-42
$35 ┤───╯ ╰──●─── Current Price: ~$36
│ ╲ Critical Support: $33-35
$30 ┤ ╰─
│ Secondary Support: $28-30
$25 ┤
│ Strong Support: $23-26
$20 ┤
└─────────────────────────
Oct Early Nov Now Outlook: Late Nov
Key Events:
⚠️ Nov 29: $327M Token Unlock
📊 Platform Volume: $8B daily
💰 Buyback Mechanism: 97% fees
Disclaimer: This article is for informational and educational purposes only and should not be considered financial advice. Cryptocurrency investments are highly risky and volatile. The information provided is based on analysis as of November 2025 and may quickly become outdated. Always conduct your own research, consult with licensed financial advisors, and never invest more than you can afford to lose. Past performance does not guarantee future results. Token unlocks, market conditions, and regulatory changes can significantly impact cryptocurrency prices.
