Main visions:
- Lion’s Group in Nasdaq announces the conversion of Holdings Sol and SUI in full to Hype.
- The noise price rose to the highest new level ever at $ 54.58, a price movement that may be attributed to the news.
- VANECK Jan Van ECK CEO of HyperLEBS technology for the last x function.
Lion Group Holding, a trading platform listed on the Nasdaq Stock Exchange, will transfer all SUI and Solana holdings to Hype, the original symbol from Blockchain Hyperleiviid.
The Singapore -based trading platform revealed its plan on Monday. According to the announcement, it will gradually exchange Solana and SUI to reduce costs.
Moreover, the box will be used to collect noise at favorable prices by taking advantage of market fluctuations. Driven by strong basics, the noise price has risen to $ 54.58, an increase of 10 % in 24 hours and more than 1,200 % since late 2024 levels.
Lion Group plans to double the hyperlooking noise
According to Wilson Wang, CEO of Lion Group, the company’s move to hold all Hyperliquid (HYPE) assets through the disciplined accumulation process that enhances the efficiency of the wallet and puts a platform for continuous growth.
The company added that this step to keep the noise aims to benefit from the launch of BITGO for the institutional custody solutions for the distinctive symbol in the United States
In June, Lion Group announced $ 600 million facilities from ATW Partners to launch a Crypto wardrobe. The Treasury has focused on noise and selecting altcoins, including Sol, for its leadership in consumer applications, and SUI, to support it from World Liberty Financial.
At the time of writing this report, the company owned nearly 6629 Sol, with a value of more than $ 1.4 million, as it ranked sixth among the best cabinet holders in Coingecko.
It is worth noting that the company listed on the Nasdaq Stock Exchange has approximately one million dollars, at a value of $ 3.5 million. Selling Sol and SUI at current prices can add more than 96,000 fuss to 128,000 symbols.
Meanwhile, Wang said that Hyperleiid provides the most persuasive opportunities in decentralized financing, thanks to the application book on the series and the effective trading infrastructure.
Meanwhile, the Lion Group shares jumped over 11 % in the last session and are now traded at $ 1.50.
The noise price reaches the highest new level ever at $ 54.58
Meanwhile, the noise price rose to the highest new level ever at $ 54.58, and gained 10 % yesterday. Daily sizes on Bitget and Bybit have reached $ 570 million, indicating intense trading activity.
Hyperleiid recorded records month after a month, as August’s revenue reached a new monthly record of $ 106 million, by 23 % of a jump from 86.6 million dollars.
According to the analysis of the Crypto King on X, Hype erupted from its declining direction in August, and since then a strong upward trend has followed. Repeated support tests have been performed, indicating the hardening of the buyer.
Meanwhile, after multiple attempts to break the 52 -dollar resistance, finally exceeded the distinctive symbol, indicating a momentum that can push it towards new levels near $ 56 and beyond.
Vanck Jan Van Euck CEO praises Hyperleliid technology
In the X Publishing, the CEO of VANECK Jan VAN ECK issued a praise for Hyperliquid technology, the governance model, and the operation. He pointed out that the company pushed the activity of innovation beyond the current limits of decentralized financing.
In addition, he stressed that his company was keen to contribute through research, judgment and future partnerships. His statements are a testament to the increasing interest between institutions to adopt decentralized financing technology.
Meanwhile, the Hyperleberber plans for USDH Stablecoin have sparked a strong institutional interest, as up to six organizations already submitted governance proposals to help issue asset or asset management.
With the increase in institutional participation and support from prominent investors such as VANECK, the Hyperlequid noise code is in a good position to continue the rise in the price.