Hyperliquid’s native token, HYPE, approached its all-time highs following a rally that pushed it close to $71. The token’s price was boosted by statements made by U.S. President Donald Trump during a cryptocurrency summit at the White House, where he confirmed that the Commodity Futures Trading Commission (CFTC) is actively working to facilitate the legal and regulated entry of Hyperliquid into the U.S. market.
BREAKING: 🇺🇸 President Trump says CFTC is working on bringing Hyperliquid $HYPE (decentralized perp futures exchange) to the US. pic.twitter.com/XxdBzKIZhe
— Altcoin Daily (@AltcoinDaily) August 19, 2026
The announcement represents a fundamental catalyst for the decentralized finance (DeFi) ecosystem, consolidating the narrative of regulatory openness and institutional integration in the U.S. Furthermore, HYPE‘s rise coincided with a solid overall recovery in the crypto market, driven by liquidity measures from the U.S. Treasury that revived global trading volume.
The key next step for the protocol will be formalizing compliance frameworks and licenses alongside the CFTC, which will determine the definitive arrival of its decentralized derivatives to U.S. investors.
Source: https://x.com/AltcoinDaily/status/2090161629052932218
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