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HYPE price entered September with several market events shaping the HYPE price prediction. Binance opened HYPE spot trading with USDT, USDC and TRY pairs on September 24. Multicoin Capital also transferred 130,331 HYPE worth $12.15 million to Coinbase Prime.
Meanwhile, Glassnode data shows HYPE crypto among the top 50 altcoins that have beaten Bitcoin since its all-time high, with HYPE reaching 2.9 times Bitcoin’s performance.
Binance Opens HYPE Spot Trading
Binance opened HYPE spot trading at 11:00 UTC on September 24. The exchange launched HYPE/USDT, HYPE/USDC and HYPE/TRY pairs. Binance allowed deposits one hour before trading started and scheduled withdrawals for September 25 at 11:00 UTC. It also set the listing fee at zero BNB.
The exchange added its Seed tag to HYPE because it classifies the token as a higher-risk asset. Binance requires users who trade Seed-tagged assets to complete risk-awareness quizzes every 90 days. It also plans to add Trading Bots and Spot Copy Trading within 24 hours of the spot launch.
Binance limits the TRY pair to eligible users through Binance TR. The listing expands HYPE spot access while the token trades near its record price.
HYPE Beats Bitcoin Since BTC’s Peak
Glassnode data shows that only nine of the top 50 altcoins have outperformed Bitcoin since Bitcoin reached its all-time high. HYPE ranks among that group with a 2.9x performance multiple against BTC. Zcash leads the list at 14.4x, while Monero stands at 2.6x and NEAR at 2.1x.
The chart places HYPE above UNI, TRX, LEO and TAO over the same period. HYPE’s relative strength also comes as Hyperliquid trading activity expands. Open interest on the platform reached a record $18 billion on September 23, above the previous $16.36 billion high from September 19.
Bitcoin, Ether and HYPE accounted for about $9.33 billion of that total. HIP-3 markets also broadened activity across stocks, gold, crude oil and index-linked perpetual contracts.
Multicoin Moves $12.15M in HYPE
Multicoin Capital transferred 130,331 HYPE worth about $12.15 million to Coinbase Prime on September 24. Lookonchain data shows that the firm has moved 4.23 million HYPE to Coinbase Prime since July 28. Those transfers carried a combined value of about $285 million at the time of each transaction.
The transfer does not show whether Multicoin sold the tokens. Coinbase Prime provides custody and execution services, so onchain data only confirms the movement into the platform. HYPE price traded near $92 after the transfer, down about 3% over 24 hours.
The token still stood over 10% higher than the previous seven days. Hyperliquid also released about 9.92 million HYPE on September 6, but token unlocks do not automatically show market sales.
HYPE Price Prediction Focuses on $97.99
HYPE reached an all-time high of $97.99 on September 23 before pulling back toward $92.50. That record now gives the HYPE price prediction a clear reference point for the next move. A return above $97.99 would place HYPE back into price discovery, while continued trading below that level would keep the recent high as the nearest ceiling.
The $92 area also deserves attention because HYPE crypto set a previous record at $92.56 on September 18. Also, HYPE continues to hold a bullish higher-timeframe structure, with the $82 area acting as the immediate demand zone.
A sustained move above $89.59 could open the path toward $130 before the $180 supply area comes into focus.
The analysis places $68.34 as the near-term invalidation level, while the broader HYPE structure stays intact above $47.59.
Binance spot access, HYPE’s 2.9x performance against Bitcoin, and record Hyperliquid open interest now sit beside fresh institutional token transfers.
This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets carry substantial risk.
