The Hyperliquid token experienced a rebound as the network reached a significant milestone in trading volume. The price of Hyperliquid rose by over 25% from its weekend low, reaching $25.80. The monthly trading volume for Hyperliquid surged to a record high of $366 billion in January, surpassing the previous month's volume. The platform's daily trading volume also saw a significant increase of 57% on Monday, reaching $16.54 billion. Hyperliquid's protocol fees have also experienced a sharp rise, reaching a record high of $51.4 million. The token's price is expected to continue rising as bulls target the key resistance level at $28.40 and potentially reaching the all-time high of $35.20. However, a drop below the key support level at $22 could indicate further downside.



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