Bitget Wallet Integrates HyperEVM, HYPE Eyes $50 Breakout

Bitget Wallet’s integration with HyperEVM, the Ethereum-compatible smart contract layer powering the Hyperliquid Layer-1 blockchain, represents a watershed moment for decentralized finance accessibility. This strategic move effectively transforms Bitget Wallet into a major gateway for $HYPE token utilities, staking, and governance, granting seamless access to Hyperliquid’s deep onchain liquidity and programmable finance features. The integration expands Bitget’s reach to over 80 million users, creating unprecedented connectivity to one of DeFi’s most promising ecosystems.

The timing of this integration coincides with Hyperliquid’s remarkable growth trajectory, with Total Value Locked (TVL) now surpassing $5 billion. This substantial TVL milestone underscores Hyperliquid’s accelerating adoption among institutional capital and DeFi builders, strengthening its status among top-performing decentralized platforms. The Layer-1 network’s compatibility with Ethereum through HyperEVM provides developers familiar tooling while maintaining the performance advantages that have made Hyperliquid a dominant force in decentralized derivatives.

Hyperliquid’s native HYPE token is demonstrating remarkable technical strength, trading in the $47–$49 range as it approaches its all-time high of $59. The current bullish structure follows a stunning 110% rebound since mid-October, driven by a breakout from a descending wedge pattern and supported by surging on-chain volume. Technical indicators reveal a classic bull flag formation, with analysts projecting a breakout toward the $52–$55 zone if momentum holds above the critical $48 support level.

The Money Flow Index (MFI) remains elevated at 63, indicating continued capital inflows and sustained investor confidence in HYPE’s upward trajectory. Staking rewards totaling over $90 million this month have provided additional fundamental support, creating strong incentives for long-term holding. However, technical analysts caution that failure to clear immediate resistance could trigger short-term retracement toward the $44 support level before the next leg upward.

Beyond impressive price action, Hyperliquid’s fundamentals demonstrate exceptional strength and sustainability. The project generated over $111 million in fees over the past 30 days, ranking third among all DeFi protocols by revenue—a remarkable achievement that highlights its economic viability and market dominance. The newly implemented $644 million Assistance Fund Buyback program is systematically reducing circulating supply, now standing at 336 million HYPE tokens, providing robust tokenomic support for long-term holders.

The recent HIP-3 upgrade, which enables new perpetual markets through staked HYPE, is attracting institutional builders and sophisticated tokenized futures products to the ecosystem. With $1.5 trillion in cumulative trading volume and clear dominance in decentralized derivatives, Hyperliquid continues expanding its market position even amid growing competition from Binance-backed alternatives. The combination of strong revenue generation, strategic tokenomics, and continuous protocol innovation creates a compelling foundation for sustained ecosystem growth.

Market analysts suggest that if current bullish momentum persists and HyperEVM adoption accelerates through integrations like Bitget Wallet, HYPE could reclaim the $55 level and test new highs above $60 in the coming weeks. Such a move would cement Hyperliquid’s reputation as one of DeFi’s most profitable and innovative ecosystems, particularly in the competitive derivatives space where it has established clear leadership.

The convergence of technical breakout patterns, strong fundamental metrics including $5 billion TVL and $111 million monthly fees, and strategic ecosystem expansions through partnerships positions Hyperliquid for continued outperformance. As Bitget Wallet’s integration brings millions of new users into the Hyperliquid ecosystem, the network effects could drive further adoption of HYPE token utilities, staking mechanisms, and governance participation, creating a virtuous cycle of growth and innovation in the decentralized finance landscape.