Hyperliquid (HYPE) Price: Token Holds Near $90 As Regulators Review Derivatives

HYPE traded near $88.45-$89.87, down from a $97.88 peak in late September. Hyperliquid Policy Center asked European regulators to treat perpetual futures as standard derivatives under MiFID II. Daily RSI sits at 52.58, showing cooled momentum. Hyperliquid's RWA trading volumes dropped from $37.5 billion to $8 billion.