HYPE reached a fresh all-time high above 60 USDT on May 21, extending its recent rally. According to market data, the token gained 16.15% over 24 hours, building on the earlier move that briefly pushed it past 60 USDT on OKX. The new report adds that the uptrend has been driven by ETF demand and DeFi-native speculation, indicating broader market momentum behind the breakout.