HYPE has eased from its $83.6 record, but buyers are still defending the breakout area as Hyperliquid posts one of its strongest fee days to date.
Kosta Gushterov
Journalist
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
Latest articles by Kosta Gushterov
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Pump’s full platform collected more fees than Hyperliquid in the latest snapshot, yet Hyperliquid sent more revenue into a HYPE buy-and-burn loop that directly shapes its token economics.
XRP’s breakout ran into a wall almost immediately. The token couldn't turn $1.55 into a floor and is now drifting near $1.45 after a sharp retreat from its $1.70 top.
BitMart’s shutdown notice framed closure as a strategic response to difficult conditions. Four weeks later, its restructuring update places creditor distributions beside a possible return to business.
Ethereum’s flash push above $2,500 ran out of steam, dragging the asset back below the crucial $2,465 handle, though it still retains a 30% weekly gain, according to CoinMarketCap data.
XRP almost cleared $1.70 after rising 60% in a week. The daily chart shows the token reaching $1.69 before slipping back toward $1.55, where a May swing high now comes into play.
Solana surged past $94 and briefly traded above $100 on Friday, but derivatives activity, not an equally strong wave of spot buying, is now shaping this breakout.
Bitcoin punched toward $78,500 and Ether cleared $2,500 as the market's recovery dug deeper into high-beta altcoins, extending a risk-on rotation catalyzed by the U.S. Treasury’s latest liquidity maneuvers.
