Cypherpunk Technologies shares reached a new all-time high after rising 13.02% to an intraday peak of $4.14, with the stock closing at $4.08 on September 24. Bankless co-founder David Hoffman disclosed a nearly fivefold return on his CYPH position, which trading records show he entered at $0.6848 on June 8, 2026, representing an unrealized gain of approximately 496%. The rally followed Hoffman’s May liquidation of ETH holdings and June reallocation into VVV, NEAR, ZEC, HYPE and LIT, all of which recorded gains exceeding 100%. Hoffman shared the trading information on X on September 25 and described himself as being on a strong run.