The HYPE token experienced a significant price increase of approximately 20% within a single day, following comments from U.S. President Donald Trump regarding the Commodity Futures Trading Commission's (CFTC) efforts to facilitate Hyperliquid's entry into the U.S. market. This surge saw the token rise from around $62 to $72.28.
Trump noted that CFTC Chairman Michael Seliga is working on launching Hyperliquid in the U.S. "in full compliance with the law." However, neither the Commission nor the Hyperliquid platform has yet provided an official plan or timeline for its market debut.