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Multicoin Capital Projects Hyperliquid HYPE to Hit $319 by 2028, 5x Upside From Current $63

GateNews
Price Prediction
HYPE-2.41%

According to Multicoin Capital, the venture firm projects Hyperliquid's HYPE token to reach $319 by 2028, implying over 5x upside potential from its current price of approximately $63. The projection is based on projected annual earnings of roughly $8 billion by 2028 and a valuation multiple of 20x.

Hyperliquid recorded significant traction in 2025, with user numbers tripling to nearly 1 million and trading volumes reaching $2.9 trillion, generating $873 million in revenue. The decentralized exchange captured nearly 60% of DeFi perpetual futures market share.

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Multicoin Capital Projects 400% Upside for Hyperliquid HYPE Token by 2028

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