Defying the broader crypto market downside on Oct. 23, HYPE , the native cryptocurrency of the Hyperliquid decentralized exchange (DEX), has registered a sharp 12% upside. HYPE price rally comes following $1 billion acquisition plan announced by Hyperliquid Strategies. This development has helped the DEX altcoins to recover from the weekly lows of$34. HYPE Price Recovers on Major Treasury Announcement As of press time, Hyperliquid’s native cryptocurrency HYPE is trading 12% up at $38.92, bouncing back f ...