Hyperliquid is considering the launch of perpetual futures products for users in the United States, subject to regulatory approval. The platform is currently the third-largest cryptocurrency exchange by open interest, with figures exceeding $11 billion.
Market sentiment regarding the token's future price is shifting as participants evaluate regulatory risks. The probability of the asset reaching $100 by the end of 2026 is currently estimated at 46.5%, a decrease from 49% recorded a day earlier.
Expectations for a more conservative target of $90 by the end of 2026 remain higher, with a 71.3% probability. Investors are closely watching for official announcements from U.S. regulators, as approval could significantly impact the platform's market position.
Institutional activity surrounding the exchange remains notable. Abraxas Capital currently holds $980 million in short positions on the platform, while Multicoin Capital has identified Hyperliquid as a major holding following a recent portfolio reassessment.
