October 16th 2026, 9:26 AM
HYPE Market Sees Institutional Boost as Ripple Prime Expands Access
Key Summary
Ripple Prime has expanded institutional access to Hyperliquid's markets, with HYPE recovering to $81.88 after a stronger-than-expected US inflation reading. The move is seen as a positive for the platform, but the token remains below its short-term moving averages and faces resistance at $83.10.
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Key takeaways HYPE recovered to $81.88 after falling to approximately $77.59 following hotter-than-expected US producer inflation. Ripple Prime introduced institutional RWA perpetual swaps referencing more than 100 Trade.xyz markets on Hyperliquid. HYPE faces resistance at $83.10, while support lies around $76.30–$75.70. HYPE recovers after inflation-driven selloff Hyperliquid’s HYPE token rebounded toward $82 on Friday, recovering […]
#Hyperliquid#HYPE#RipplePrime#InstitutionalAccess