Crypto traders and investors responded to Hyperlane’s latest upgrade, with HYPER, the native token of the interoperability protocol, surging to new highs.

HYPER is among the top gainers today, posting double-digit gains despite Bitcoin and high-liquidity altcoins dropping on Friday.

Hyperlane Unveils Warp Routes 2.0: What Users Should Know

HYPER is up by 25% in the last 24 hours, trading for $0.5596 as of this writing. It marks a modest pullback after Hyperlane’s native token ascended to hit a new all-time high (ATH) of $0.7053.

The rally follows the launch of Warp Routes 2.0, a powerful new liquidity layer intended to simplify cross-chain bridging and rebalancing.

At the heart of Warp Routes 2.0 (HWR 2.0) is native liquidity rebalancing. This mechanism allows decentralized applications (dApps) and blockchains to bridge assets from multiple source chains and automatically balance liquidity using the on-chain protocol Everclear.

Warp Routes 2.0 solves a growing pain point, the operational headache of managing liquidity across multiple chains amid a fragmented blockchain space.

The launch eliminates the need to route assets through a central “hub” chain or rely on wrapped tokens and custodial liquidity pools when bridging assets. This complexity created risks, delays, and a poor user experience (UX).

“… a user can deposit USDC on Base and withdraw it on Arbitrum, while the HWR 2.0 Rebalancer automatically moves funds between chains to keep things flowing smoothly,” Hyperlane explained.

For developers, this upgrade removes the need for custom infrastructure. If a chain already runs a Hyperlane deployment, it can immediately plug into HWR 2.0 and start accepting liquidity from any other supported chain.

This eliminates the need to write new contracts, manage off-chain logic, or coordinate with centralized liquidity providers.

Hyperlane Price Outlook Following HYPER ATH

Technical analysis of the HYPER/USDT chart on the 4-hour timeframe indicates that while the altcoin looks bullish, it remains in murky waters as the Hyperlane price treads within a supply zone between $0.5131 and $0.6130.

A supply zone is an area in crypto trading where selling pressure is strong, potentially exceeding buyer momentum. Optimism abounds, however, as the HYPER price still holds above the mean threshold or midline of the supply zone at $0.5604.

A decisive daily candlestick close above the mean threshold on the four-hour timeframe could set the tone for HYPER price to extend its gains. Such a move could see it reclaim its all-time high above $0.7053, a move that would constitute a 25% climb above current levels.

Technical indicators align with the 50, 100, and 200-day Simple Moving Averages, which provide support at $0.3853, $0.3902, and $0.2455, respectively. The support confluence between the 50-day and 100-day SMAs (red and green, respectively) shows significant buyer momentum waiting if the price drops to this level.

Similarly, the RSI (Relative Strength Index) is rising, showing growing momentum. It is characterized by higher highs and higher lows.

Conversely, if selling pressure increases and the HYPER price closes below $0.5604 on the four-hour timeframe, the correction could extend. If the $0.5131 support fails to hold, late bulls could find a possible entry at $0.4154.

In the dire case, where the confluence of the 50 and 100 SMAs fails to hold as support, HYPER price could descend to $0.3407.