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Why Hyperliquid Jumped Another 11.6% on Tuesday

TheMotleyFool

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Why Hyperliquid Jumped Another 11.6% on Tuesday: https://g.foolcdn.com/editorial/images/874867/bitcoin-crypto-currency-investor.jpg

The Hyperliquid (CRYPTO: HYPE) cryptocurrency is surging. As of this writing at 10:40 a.m. ET on Tuesday, it's up 11.6% over the last 24 hours. It has also gained 24% in a week and 76% in a year. With an $18.8 billion market cap, it's the ninth-largest cryptocurrency on the market today.

What is Hyperliquid and why is it soaring?

Hyperliquid is a blockchain built specifically for financial applications. Its developers call Hyperliquid a purpose-built infrastructure for trading valuable assets on a fast, low-cost blockchain ledger.

Source Fool.com

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