HYPE hits all-time high above $90 following Hyperliquid borrowing launch

HYPE has reached a new all-time high, trading above $90 and surpassing its previous peak from September 6. The token has gained over 15% in the last two days, bringing its year-to-date returns to more than 250%. The price surge follows the launch of the borrowing feature on Hyperliquid and recent developments involving the SEC.