Hyperliquid's native token, HYPE, has reached a new all-time high, surging over 8% to nearly $58.77. This impressive rally follows a rebound from its previous record of $57.40 and brings it close to the significant $60 mark. The momentum is fueled by the successful integration of USDC and Circle's Cross-Chain Transfer Protocol, enhancing Hyperliquid's capabilities on the Ethereum platform. This development is crucial as it not only boosts investor confidence but also highlights the growing adoption of innovative technologies in the cryptocurrency space.

Circle Internet Financial has made a strategic investment in Hyperliquid, a layer-1 blockchain that has seen a remarkable 1,500% surge in demand this year. This investment includes the launch of Native USDC and the Cross-Chain Transfer Protocol (CCTP V2) on HyperEVM, which is integrated into Hyperliquid's blockchain. This move is significant as it not only enhances the functionality of USDC but also promotes broader adoption of blockchain technology, making transactions smoother and more efficient.