Trump: CFTC working to bring HyperliquidX into US market

https://crypto.news/what-is-hyperliquid-how-does-it-work/ Former President Donald Trump announced that the Commodity Futures Trading Commission (CFTC) is working to bring HyperliquidX, a decentralized perpetual futures exchange, into the U.S. legally. This statement has been interpreted by market participants as a significant endorsement and a potential regulatory breakthrough for the platform. Following Trump’s remarks, the price of Hyperliquid’s native token, $HYPE, rose sharply, reflecting increased confidence among investors. The $HYPE token surged by approximately 19%, in the range of $69 to $71, suggesting optimism about potential U.S. market entry and regulatory compliance. Key Takeaways Trump’s comments appear to have significantly impacted $HYPE pricing, consistent with increased optimism about Hyperliquid’s future in the U.S. market. Market pricing suggests a substantial increase in confidence, with the odds for Hyperliquid reaching $100 by the end of 2026 rising from 16% to 39%. The development indicates ongoing regulatory engagement that could reshape the landscape for onchain derivatives platforms in the U.S. What to Watch Observers will likely monitor further statemen...