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Multicoin predicts HYPE token could rise to $319 by 2028 due to exchange growth

Investment firm Multicoin forecasts that the HYPE token will increase in value by 2028 as Hyperliquid expands its user base and services. This affects HYPE token holders and users of the Hyperliquid exchange, as the growth may boost the token’s price.
Investment firm Multicoin predicts the HYPE token will reach $319 by 2028. The prediction comes as Hyperliquid evolves into what the firm calls an "everything exchange." Hyperliquid's user base grew from roughly 300,000 to 923,000 during 2025.