HYPE token price undervalued despite 36% monthly revenue growth

Valuation Analysis: HYPE's Disconnect Between Revenue Growth and Market Price

Hyperliquid (HYPE) presents a compelling valuation opportunity, currently trading at $30.315 despite demonstrating robust financial fundamentals that suggest underpricing. The protocol has achieved 36% monthly revenue growth, yet the market has failed to price in this expansion adequately. According to supply-weighted P/E ratio analysis, HYPE at $39 is more undervalued than it was at $13, indicating the token's fundamental value proposition has strengthened considerably.

The valuation disconnect becomes evident when examining HYPE's market position relative to comparable blockchain infrastructure providers. HYPE maintains a P/S ratio of 12, representing a 90% discount to leading layer-one networks on a price-to-sales basis. This significant discount appears unjustifiable given the protocol's performance metrics and the revenue trajectory it has established throughout 2025.

Technical support levels provide additional context for the valuation narrative. HYPE found support around $36, with breaking above $40 presenting potential for renewed growth momentum. The recent liquidation event on October 10th that pushed prices to $32 appears to have created an attractive entry point for investors evaluating the protocol's fundamental strength relative to current market pricing.

Active addresses surge 25% as on-chain activity intensifies

HYPE token experienced a significant surge in network participation during 2025, with active addresses climbing 25% amid intensifying on-chain activity. This metric serves as a critical indicator of genuine ecosystem engagement, reflecting the growing number of unique wallets interacting with the Hyperliquid network.

The surge in active addresses correlates directly with heightened trading volumes on Hyperliquid DEX, the protocol's flagship permissionless perpetuals exchange. During the peak period in September 2025, when HYPE reached its all-time high of $59.4, the transaction activity across the network demonstrated substantial momentum. The platform's sub-second block latency architecture enabled seamless execution of orders, cancellations, trades, and liquidations entirely on-chain, attracting both retail and institutional participants.

This expansion in active addresses reflects multiple growth catalysts working in tandem. Protocol upgrades to Hyperliquid's HyperBFT consensus mechanism improved throughput capacity, while institutional interest provided sustained capital inflows. The transparent nature of on-chain operations—where every transaction settles publicly on the blockchain—built confidence among sophisticated market participants evaluating the platform's operational integrity and security model.

Whale accumulation reaches 18-month high amid price correction

Hyperliquid (HYPE) whale activity has reached an 18-month high as the token experiences significant price correction, signaling potential market recovery opportunities. Recent on-chain analysis reveals that large holders accumulated substantial HYPE positions despite the token declining from its $59.40 all-time high in September to approximately $30.31 by early December.

The timing of this accumulation is particularly noteworthy. While HYPE plummeted 18% within 24 hours, dropping to $31.90 from weekly highs near $42, whale investors demonstrated contrarian positioning by increasing their holdings. This pattern mirrors broader cryptocurrency whale behavior observed with Bitcoin, where major holders accumulated over 45,000 BTC during recent market weakness, indicating institutional confidence in asset recovery.

Technical indicators suggest stabilization near the $36 support level, with whale positions potentially serving as a price floor. When institutional investors accumulate during corrections, it typically precedes recovery phases, as these large holders possess superior market insight and risk capital. The combination of whale buying pressure and technical support levels creates conditions for potential rebound toward the $51.15 resistance zone in coming weeks.

FAQ

What is the hype coin?

HYPE is the native token of Hyperliquid, a decentralized perpetual futures exchange on a high-speed layer-1 blockchain. It enables trading and governance on the platform.

Can Hyper reach $1?

Reaching $1 is possible but challenging. It would require significant market growth and adoption. While not guaranteed, Hyper's innovative features and growing ecosystem could drive substantial price appreciation in the long term.

Which coin has 1000x potential?

HYPE coin shows strong 1000x potential due to its innovative blockchain technology, growing adoption, and upcoming major partnerships in the Web3 space.

Is Hype Token a good investment?

Yes, Hype Token is a promising investment in 2025. With its focus on trading, liquidity, and governance, HYPE stands out as one of the best cryptocurrencies to buy now. The token's active governance structure ensures adaptability to market changes, making it an attractive long-term investment option.