HYPE Soars Past $30 as Markets Rally – Is BEST the Next Crypto to Explode?

Following Bitcoin’s historic rally to an all-time high of over $111,000, the broader crypto market is riding a wave of bullish momentum, with total market capitalization touching the $3.63 trillion mark and then settling around $3.5 trillion.

Among the biggest winners is Hyperliquid (HYPE), which has surged past the $30 mark for the first time since December 2024. As investor sentiment strengthens across the board, analysts are now debating whether HYPE’s latest breakout could see it flip Chainlink (LINK).

At the same time, attention is shifting to early-stage projects with strong utility like Best Wallet Token (BEST), which is selling out quickly in presale.

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Hyperliquid Climbs Above $30: Could It Surpass Chainlink Next?

Hyperliquid (HYPE), a decentralized exchange and Layer-1 blockchain built for fast, low-cost trading of perpetuals and spot crypto, is once again commanding market attention.

After a tough Q1 2025, where the token fell by more than 50% to touch lows of $10.20, HYPE has bounced back impressively. At the time of writing, HYPE is trading over $30, up 65% in just the last 30 days and 15% in the past 24 hours.

With this recovery, HYPE has soared to a market cap of $10.2 billion, placing it as the 16th largest cryptocurrency, recently overtaking Avalanche (AVAX). This rapid ascent isn’t just price speculation, as Hyperliquid is generating more revenue than Ethereum and Solana, thanks to its high-speed trading architecture and fully on-chain infrastructure.

Just ahead of HYPE on the leaderboard is Chainlink (LINK), which holds a market cap of $10.6 billion. Given that LINK has dipped by 2% over the past week and HYPE is only 12% below its all-time high of $35, the gap is rapidly closing.

Market analysts remain highly optimistic. Popular X analyst CryptoCosta believes that HYPE could rally between $50 and $80 in 2025, especially if broader crypto markets continue to trend upward. If those forecasts hold, HYPE flipping LINK could very well be inevitable.

Considering its growing user base, revenue dominance, and current market momentum, Hyperliquid is emerging as one of this year’s most exciting large-cap plays.

BEST Token Is Emerging as a Standout Utility Coin in 2025

While established giants like Hyperliquid dominate headlines, Best Wallet Token (BEST) is emerging as a strong contender in the presale scene. With over $12.5 million raised, BEST comes with a clear value proposition.

BEST is the native utility token of the Best Wallet ecosystem, a fast-growing crypto wallet platform with more than 250,000 monthly active users. As part of the broader Best Wallet framework, the token serves multiple purposes and is designed to be more than just a speculative asset.

Users who hold BEST receive reduced transaction fees throughout the ecosystem, enhancing usability and encouraging active participation. They also gain early access to vetted presales and new crypto project launches, with exclusive access via the ‘Upcoming Tokens’ page.

Another layer of utility comes in the form of governance access, allowing holders to vote on future updates and strategic moves within the Best Wallet ecosystem. Additionally, the BEST token plays a role in unlocking enhanced staking rewards via the wallet’s dedicated staking aggregator, enabling users to earn a higher APY (annual percentage yield) across multiple projects.

With its multi-utility design, BEST is positioning itself as a token with long-term relevance in the DeFi and wallet space.

Analyst Endorsements and High-Yield Staking Drive BEST Token’s Momentum

Crypto analyst and YouTuber Clinix Crypto, who has nearly 100,000 subscribers, recently highlighted Best Wallet Token as one of the more promising presale projects of 2025. His outlook stems not only from the ongoing success of the presale but from BEST’s strong foundation and practical use cases.

Clinix emphasizes that, unlike many meme coins flooding the market, BEST has a structured development plan and ties directly into an existing, active ecosystem. The Best Wallet app provides a strong foundation for token integration, opening the door to widespread adoption and sustained user demand.

He also points to the staking benefits available to BEST holders. Users can currently stake BEST tokens for a live APY of 115%, providing one of the more attractive yield opportunities in the DeFi space. So far, 230 million tokens have been staked, reflecting growing user confidence and long-term commitment to the project.

For those looking to enter a token early, before exchange listings, BEST represents a compelling opportunity. While large-cap assets like Hyperliquid capture attention with rapid price growth, the BEST token offers an early entry point, a utility-rich design, and the potential to grow alongside their ecosystem.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Nikolay

Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token. His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.