Hyperliquid ($HYPE) has surged to a fresh all-time high of $51.4, pushing its market capitalization to $17 billion, according to CoinMarketCap.
The milestone cements HYPE’s growing presence in decentralized finance, fueled by rising institutional adoption and increasing on-chain activity.
The rally comes on the back of a major corporate treasury shift. Lion Group Holding Ltd. (NASDAQ: LGHL) revealed that it will fully reallocate its Solana ($SOL) and Sui ($SUI) holdings into HYPE, following the launch of BitGo Trust’s institutional custody support for HYPE’s EVM layer in the U.S.
$HYPE sets a new ATH at $51.4, reaching a $17 billion market cap.
The growth follows Lion Group Holding Ltd.’s treasury reallocation, with plans to convert $SOL and $SUI into $HYPE.
In August, Hyperliquid became the #5 project in crypto by fees generated, with $114M. pic.twitter.com/pneZ7K8p2U
— CryptoRank.io (@CryptoRank_io) September 8, 2025
Lion Group operates an all-in-one trading platform, covering everything from total return swap (TRS) trading and CFD trading to OTC stock options and securities brokerage. With a global client base, the company’s treasury decisions carry significant weight across traditional and crypto markets.
The firm announced that it will adopt a gradual accumulation strategy, leveraging market volatility to lower its average entry price into HYPE. This move reflects not only risk management but also a long-term belief in HYPE’s ability to outperform.
CEO Wilson Wang underscored the strategy, stating that Hyperliquid offers one of the most compelling opportunities in DeFi. With its efficient trading infrastructure and fully on-chain order book, HYPE stands out as a scalable platform for decentralized trading.
By restructuring its portfolio from $SOL and $SUI to HYPE, Lion Group aims to boost capital efficiency and strengthen its balance sheet for sustainable growth in the digital asset sector.
As of July, LGHL held approximately 129,000 HYPE, 6,629 SOL, and 1.01 million SUI.
Lion Group Holding Ltd. (NASDAQ: LGHL) announced a strategic reallocation of its crypto treasury, gradually converting its SOL and SUI holdings into HYPE, which will adopt a “phased accumulation” strategy. As of July, LGHL held approximately 129,000 HYPE, 6,629 SOL, and 1.01…
— Wu Blockchain (@WuBlockchain) September 8, 2025
Public companies remain active holders of Solana ($SOL). According to recent data, these firms collectively control 4.44 million SOL, worth about $924 million across three countries.
Yet, Lion Group now stands apart by moving away from Solana and redirecting into HYPE. The decision highlights a clear shift in institutional confidence toward the Hyperliquid ecosystem.
Companies Holding #Solana in 2025
Public companies hold 4.44M $SOL ($924M) across three countries, led by Upexi (2M SOL) and DeFi Development (1.98M SOL).
Other key players include Sol Strategies, Torrent Capital, Exodus Movement, and Lion Group.#CoinPedia #CryptoNews… pic.twitter.com/c8k0WE1va3
— Coinpedia (@CoinpediaNews) September 8, 2025
Hyperliquid continues to gain traction across the crypto landscape. In August 2025, it ranked as the 5 project by fees generated, pulling in $114 million, according to industry trackers.
The growth is largely attributed to HYPE’s on-chain order book and advanced trading mechanisms, which combine the efficiency of centralized exchanges with the transparency of DeFi. Institutional adoption is accelerating as custodians like BitGo integrate support, enabling firms like Lion Group to securely manage large HYPE allocations.
The growth follows Lion Group Holding Ltd.’s treasury reallocation, with plans to convert $SOL and $SUI into $HYPE.
In August, Hyperliquid became the #5 project in crypto by fees generated, with $114M. pic.twitter.com/pneZ7K8p2U
— CryptoRank.io (@CryptoRank_io) September 8, 2025
The shift by Lion Group marks one of the most notable corporate reallocations in crypto this year. By exiting its Solana and Sui positions, the firm signals a growing conviction that Hyperliquid is better positioned for long-term value creation.
With $HYPE trading at new highs, momentum continues to build. Whether other public companies follow Lion Group’s lead remains to be seen, but the message is clear: institutional players are beginning to view Hyperliquid not just as a trading platform but as a core treasury asset.
The convergence of record-high prices, institutional treasury reallocation, and growing DeFi adoption places Hyperliquid at a pivotal moment in its evolution. Lion Group’s bet on $HYPE may serve as a catalyst for further corporate interest, potentially reshaping the balance of power among top DeFi assets.
For now, $HYPE holders are celebrating a new all-time high, and the momentum suggests this may just be the beginning.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news!
Also read: Ledger CTO Warns of Billion-Download NPM Supply Chain Attack, All Solana Ecosystem Responds
