HYPE Historical Price and Return Analysis: Should I Buy HYPE Now?

Summary

This article provides a comprehensive review of the historical prices and market fluctuations of HYPE (Hyperliquid) since its inception, combining data from bull and bear market phases. It evaluates the potential returns for investors purchasing 10 HYPE tokens and answers the key question, “Should I buy HYPE now?” to help both beginners and long-term investors grasp timing and growth opportunities.

Beginning of Bull Market and Early Market Cycle: Historical Price Review (2024 to 2024)

HYPE’s early trading price was approximately $0.01688. Hyperliquid is a high-performance L1 optimized from scratch, with the vision of building a fully on-chain open financial system that allows user-built applications to interface with performant native components. The performance of Hyperliquid L1 is sufficient to run an entire permissionless financial application ecosystem—every order, cancellation, transaction, and settlement is transparent on-chain, with block latency under 1 second.

Below are the price changes of HYPE during the early bull market phase:

2024 Year

• Opening Price: $0.01688
• Closing Price: $24.44
• Highest Price: $27.47
• Lowest Price: $0.0127766
• Annual Return: 144,704.5%

An investor purchasing 10 HYPE tokens in 2024 and selling at the end-of-year price could realize a potential profit of $230.22 (from an initial investment of $0.1688).

Mid-term and Recent Market Cycles: Return and Risk Analysis (2025 to 2026 so far)

During this period, HYPE’s price experienced a wave of rise followed by decline.

2025 Year

• Opening Price: $21.11
• Closing Price: $26.87
• Highest Price: $53.66
• Lowest Price: $10.28
• Annual Return: 27.29%

2026 Year (so far)

• Opening Price: $24.43
• Closing Price: $23.04
• Highest Price: $24.47
• Lowest Price: $23.04
• Year-to-date Return: -5.71%

Potential returns for an investor buying 10 HYPE tokens at different stages are as follows:

• 2025: $19.33
• 2026 so far: -$13.94

Summary: Bull Market, Bear Market, and Investment Timing Analysis

By analyzing HYPE’s historical prices and potential returns, we see that the asset experienced explosive growth in 2024 (over 144,000% annual return), followed by moderate gains in 2025 (27.29%), and a slight pullback so far in 2026 (-5.71%). Investors need to assess whether the current stage still offers opportunities for deployment and recognize the high volatility characteristic of crypto assets.