Hyperliquid’s valuation surpasses NASDAQ, LSEG at $91B

hyperliquid coin Hyperliquid, a blockchain-based decentralized exchange (DEX) ecosystem, has seen its native token HYPE’s fully diluted valuation (FDV) exceed that of major traditional market venues, Nasdaq and the London Stock Exchange Group. The FDV of HYPE is currently reported to be around $91.1 billion, surpassing the market capitalizations of these established financial entities. This development highlights the significant value that market participants are placing on Hyperliquid’s total token supply compared to legacy market operators. This surge in Hyperliquid’s valuation has coincided with a notable increase in market confidence, as reflected in the prediction markets. The market for Hyperliquid reaching a $100 price target by December 31, 2026, is currently priced at 83.5% YES, up from 80% just 24 hours ago and significantly higher than 49% a week ago. The increase in odds may indicate strong market sentiment towards the token’s future performance, suggesting that participants view the $100 target as increasingly attainable. The Hyperliquid ecosystem has attracted attention from key industry figures and institutions, with reports of significant volume and institutional in...