Cantor Fitzgerald Sees Hyperliquid HYPE Token Jumping Toward $271 On Fee Growth Projections

Cantor Fitzgerald has issued a 62-page report projecting strong long-term growth for the Hyperliquid decentralized exchange and its HYPE token, which currently has a fully diluted valuation of about $15.8 billion. The analysis outlines a path for annual protocol fees to potentially exceed $5 billion over the next decade and, under certain assumptions, suggests the token price could climb to $271 at a $125 billion fully diluted market cap. HYPE is trading near $26.49, down almost 32% over the past month and roughly 55% below its all-time high of $59.30.