According to @KookCapitalLLC, the current bullish sentiment across crypto Twitter is making it easier for traders to share optimistic outlooks, with lower scrutiny and increased engagement. Specifically, @KookCapitalLLC highlights $HYPE on Hyperliquid as a top performer, predicting it will reach a new all-time high (ATH) this month based on strong market momentum and broad bullish sentiment (source: Twitter/@KookCapitalLLC, May 8, 2025). For traders, this signals increased short-term trading opportunities and heightened volatility around $HYPE, making it a key altcoin to watch for momentum-based strategies.

According to Miles Deutscher, Hyperliquid has significantly increased its market share in perpetual trading volumes, now accounting for 9% of Binance's volume, up from 2% before the $HYPE token launch in December.