Hyperliquid is rapidly emerging as a leader in the decentralized exchange space, capturing over 50% of the decentralized futures trading market. Its unique Layer 1 blockchain, powered by the HyperBFT consensus algorithm, enables high-speed trading with up to 200,000 transactions per second. Analysts predict significant growth potential, with price forecasts ranging from $41.93 to $651.48, driven by its innovative technology and favorable market conditions.