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Hyperliquid Dominates Cross-Chain Capital Flows with $55M Inflow
Hyperliquid dominates bridge activity, attracting $55M inflow and topping $1.1M in fee revenue, signaling strong user demand.
Capital exits Arbitrum and Ethereum, moving to emerging platforms, showing investors diversify rather than exit crypto markets.
$HYPE tests critical support at $25.8; traders see potential for $29–$30 if structure holds amid market momentum.
Hyperliquid surged as the top destination for bridged capital over the past 24 hours, attracting a net inflow of $55 million. According to Hyperliquid Daily, this figure outpaced all other networks, while the platform also led in fee revenue, generating $1.1 million.
The activity highlights strong user demand, likely fueled by trading momentum, liquidity incentives, and growing confidence in Hyperliquid’s ecosystem. Besides Hyperliquid, networks like BNB Chain and Base posted moderate gains, drawing several million dollars in bridged assets.
Solana saw some money coming in, though not as much, showing steady interest instead of sudden hype. At the same time, smaller amounts flowed into networks like Starknet, Ink, Avalanche C-Chain, OP Mainnet, Sui, Sei Network, Linea, Berachain, and Sonic. This shows that investors are spreading their funds across different platforms instead of putting all their money in just one place.
Capital Outflows and Shifts
Conversely, established networks experienced notable outflows. Arbitrum led the exits, losing over $25 million via bridges, while Ethereum followed closely with similar losses.
Polygon PoS, edgeX, Bitcoin, Unichain, zkSync Era, and Sonic faced smaller withdrawals. Consequently, capital appears to be moving away from long-standing Layer 1 and Layer 2 networks into emerging alternatives, rather than leaving the crypto market entirely.
Market Technicals on $HYPE
Traders are monitoring $HYPE closely amid these flows. Trader Tim noted, “While I had been trying to snag a little short off HYPE… ultimately it came back and stopped me break even in my sleep.” He emphasized maintaining structure around $26 and suggested $29 or $30 remains possible.
Meanwhile, analyst Ken observed, “On the daily we are now at a resistance that we haven’t closed above since +40, as well as retesting the RSI midpoint.” He highlighted $25.8 as a critical support line for potential upward movement.