President Trump said the Commodity Futures Trading Commission, or CFTC (U.S. derivatives regulator), is exploring a legal pathway for Hyperliquid, a blockchain-based perpetuals exchange offering contracts without expiration, to operate in the United States. The CFTC has reportedly directed staff to consider rules for non-registered crypto exchanges. Hyperliquid’s native token, HYPE, has risen 40.8% over the past week, outperforming Bitcoin, which gained 22.5%, and Ethereum, which rose 30.0%. Market participants appear to view the potential regulatory accommodation as supportive of greater trading volume and interest in HYPE. Prediction-market pricing for Hyperliquid reaching $100 by the end of 2026 has risen to 67% YES, signaling increased optimism. Observers will focus on any CFTC developments involving regulatory frameworks for non-registered crypto exchanges, as official announcements or broader changes could affect sentiment and HYPE’s price. Hyperliquid’s performance against major cryptocurrencies and its ability to sustain recent momentum are also expected to shape the token’s outlook into 2026. The material promotes live prediction-market analysis powered by Vera and invites users to sign up for Vera.