HYPE rallies as ICE explores US Hyperliquid perps listing

Hyperliquid ’s native token HYPE jumped roughly 20% on Thursday after Intercontinental Exchange (ICE)—the owner of the New York Stock Exchange—announced plans to bring Hyperliquid -based US perpetual futures through a regulated market structure. The news follows rising political attention on getting Hyperliquid’s trading activity into the country “fully compliant and legal fashion,” as stated by President Donald Trump earlier this month. At the time of writing, HYPE was trading above $96, according to CoinGecko data, approaching September’s all-time high near $97.96.