ARK Invest CEO Cathie Wood praises decentralized perpetuals exchange Hyperliquid, comparing it to Solana’s early success. Wood focuses ARK’s crypto exposure on Bitcoin, Ethereum, and Solana, noting the rise of DEXs reshaping trading infrastructure. Traditional finance heavyweight VanEck backs Hyperliquid, citing advanced technology and decentralized governance. HYPE token hit an all-time high of $59.39 but corrected to $43.77, with potential upside if it reclaims key levels. Technical analysis suggests potential for further gains or losses based on price action.

Read more at Yahoo Finance: ARK CEO Bullish on Hyperliquid: HYPE Rally to Extend?