The price of HYPE surged by 11% following a statement from former U.S. President Donald Trump, who indicated that the Commodity Futures Trading Commission (CFTC) is actively working to introduce Hyperliquid to the American market, according to CoinDesk.

This development has sparked renewed interest in HYPE within the crypto sector, as regulatory clarity in the U.S. often influences market sentiment and asset valuations. CoinDesk reported Trump’s remarks as a catalyst for this notable price movement.

For Japanese investors, this event underscores the ongoing global integration of crypto assets and the importance of monitoring regulatory shifts in major markets like the U.S., which can have ripple effects across FX and equities as well.