The post Hyperliquid (HYPE) and Jupiter (JUP) Price Rally Today: Why are These Tokens Outperforming? appeared on BitcoinEthereumNews.com.

The post Hyperliquid (HYPE) and Jupiter (JUP) Price Rally Today: Why are These Tokens Outperforming? appeared first on Coinpedia Fintech News While the broader crypto market remains weighed down by macro uncertainty and defensive positioning, Hyperliquid (HYPE) and Jupiter (JUP) are emerging as clear outliers. Both tokens advanced close to 7%, signaling selective capital rotation into assets where supply dynamics, participation metrics, and price structure are aligning constructively. Rather than tracking the market lower, HYPE and JUP are attracting attention for very specific reasons that are measurable, visible on-chain, and reflected directly in price behavior. Hyperliquid Token Supply Update Draws Fresh Market Attention Hyperliquid’s rally is anchored in a tangible shift in its near-term supply profile. The project recently revised its February token unlock schedule, cutting the amount of HYPE set to enter circulation from roughly 1.2 million tokens to about 140,000, a reduction of nearly 90%. In a market that has grown increasingly sensitive to unlock-driven sell pressure, this change materially alters how traders assess downside risk. BREAKING: $Hyperliquid slashes team token unlocks by 90%. February unlock: 140K $HYPE vs 1.2M in January. Supply pressure easing fast pic.twitter.com/rhxdfFeips — 𝐊𝐚𝐦𝐫𝐚𝐧 𝐀𝐬𝐠𝐡𝐚𝐫 (@Karman_1s) January 29, 2026 The supply adjustment quickly fed into market behavior. HYPE’s daily trading volume expanded beyond $50 million, a notable increase compared with the sub-$30 million averages observed earlier in the month. This rise in activity suggests that the unlock revision did more than ease fear, it actively encouraged new positioning. Importantly, this demand appeared as the broader market remained fragile, reinforcing the view that HYPE’s move is being driven by asset-specific conviction rather than broad risk appetite. HYPE Price Holds Bullish Structure After Recent Pullback HYPE price action continues to reflect accumulation. After breaking out of the falling channel pattern, Hyperliquid token price has managed…

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Filed under: News - @ January 31, 2026 8:28 am