HYPE Trades Above $97 as ICE and trade[XYZ] Outline Perpetuals Plan

HYPE traded above $97 as BlockBeats reported a gain of more than 20% over seven hours, citing HTX market data. The flash said the token was about $1 below its prior all-time high.

Time-specific market snapshot

The $97 level and seven-hour percentage are attributed to the HTX snapshot in the October 30 BlockBeats report. An independent Hyperliquid one-hour candle reviewed around the publication period reached $97.11, supporting the threshold but not independently confirming the seven-hour performance calculation. Live crypto prices can change quickly.

ICE and trade[XYZ] plan

The flash also cited a plan by ICE, the New York Stock Exchange parent, to work with trade[XYZ] on perpetual futures for U.S.-regulated markets. A public post by trade[XYZ] founder Sergey Shokunin describes the proposal as subject to regulatory approvals, so the report does not establish a launch or approval.

Sources: Public mirror of the trade[XYZ] founder’s post; BlockBeats report, published October 30, 2026 (China time).