What's the HYPE about? Hyperliquid's 'Solana' moment eyes 240% gains

Date: 2025-05-25

Key takeaways:HYPE is mirroring Solana’s 2021 breakout structure, targeting a 240% rally by July.Familiar crypto fractals suggest HYPE could spark similar momentum-driven hype.Hyperliquid's native token, HYPE, is mirroring a strikingly similar price structure to Solana’s (SOL) early 2021 breakout—one that preceded a 300% rally.HYPE chart fractal targets 240% rally by JulyIn January 2021, Solana broke out from a prolonged consolidation phase just as marketwide interest began accelerating. The breakout, highlighted by a decisive flip above key Fibonacci retracement levels, triggered a vertical rally that saw SOL jump to the 4.618 Fib retracement line at around $19 from roughly $4.90 in under two months, marking a 291% surge.SOL/USD daily pric...

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