<ul>
 <li>Van de Poppe targets 112–116, roughly 30%–35% above the $85.96 press-time price.</li>
 <li>The analyst would consider buying at 80–84, while Altcoin Sherpa sees Bitcoin as a near-term risk.</li>
 <li>Onur reported $73.31 million in protocol revenue from $85.52 million in gross fees, a share of about 86%.</li>
</ul>
Hyperliquid price stood at $85.96 at press time, putting Michaël van de Poppe’s $116 target about 35% above the market. The analyst expects HYPE to move past $100 and would consider buying a pullback to 80–84. Altcoin Sherpa, who had also been watching for a run to $100, said Bitcoin’s recent trading had weakened his confidence in that call.
<h2 class="wp-block-heading" id="hyperliquid-price-has-a-100-hurdle-before-the-116-target">Hyperliquid Price Has a $100 Hurdle Before the $116 Target</h2>
Van de Poppe <a href="https://x.com/CryptoMichNL" rel="noopener noreferrer nofollow">compared</a> the recent move with HYPE’s August rally. In both cases, he said, the token briefly fell below a recent low, rebounded and then cleared earlier highs. He interprets the current pause as consolidation after that advance.
<figure class="wp-block-image size-large"><img width="1024" height="638" src="https://coincryptonewz.com/wp-content/uploads/2026/11/image-3-1024x638.png" alt="image 3" title="Hyperliquid Price Target of $116 Implies 35% Upside From $85.96 3">
 <figcaption>
 Source: X
 </figcaption>
</figure>
A fall to $84 would put the Hyperliquid price roughly 2% below its press-time level. At $80, the decline would approach 7%. Those figures describe the pullback Van de Poppe would consider buying; he gave no level at which he would abandon his forecast.
Reaching $100 would require a gain of about 16%. Van de Poppe’s next target is 112–116, or roughly 30%–35% above $85.96.<a href="https://x.com/AltcoinSherpa" rel="noopener noreferrer nofollow"> Altcoin Sherpa</a> still rates the project highly but expressed less conviction about the timing of a recovery.
<h2 class="wp-block-heading" id="what-trading-fees-and-token-burns-mean-for-hyperliquid-price">What Trading Fees and Token Burns Mean for Hyperliquid Price</h2>
Onur reported $73.31 million in protocol revenue against $85.52 million in gross fees. That works out to about 86 cents of revenue per dollar in fees. His post did not specify the reporting period, so those figures alone cannot establish a monthly revenue pace.\
<figure class="wp-block-embed is-type-rich is-provider-x wp-block-embed-x">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet">
 Hyperliquid generated $73.31M in protocol revenue from $85.52M in gross fees. That’s roughly 86% flowing into protocol revenue, with 833K <a href="https://x.com/search?q=%24HYPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$HYPE</a> burned. Nearly 50M HYPE has now been burned, equivalent to 5% of total supply. What I find compelling is the direct connection… <a href="https://t.co/4Xh7rpVEvo" rel="noopener noreferrer nofollow">pic.twitter.com/4Xh7rpVEvo</a>— Onur (@0xc06) <a href="https://x.com/0xc06/status/2117221527842062737?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 2, 2026</a>
 </blockquote>
 </div>
</figure>
<a href="https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees?utm_source=chatgpt.com" rel="noopener noreferrer nofollow">Hyperliquid’s fee documentation</a> explains the link to supply: the assistance fund converts trading fees into HYPE, and the tokens it holds are burned. For the Hyperliquid price outlook, the open question is how much buying those fees can fund if trading slows.<a href="https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees?utm_source=chatgpt.com" rel="noopener noreferrer nofollow"> Hyperliquid Docs</a>
Onur reported 833,000 HYPE burned and put cumulative burns near 50 million tokens. By his estimate, that represents about 5% of the token’s original supply.
<pre class="wp-block-preformatted">Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.</pre>
&lt;p&gt;The post <a rel="noopener noreferrer nofollow" href="https://coincryptonewz.com/hyperliquid-price-target-of-116-implies-35-upside-from-85-96/">Hyperliquid Price Target of $116 Implies 35% Upside From $85.96</a> first appeared on <a rel="noopener noreferrer nofollow" href="https://coincryptonewz.com">Coin Crypto Newz</a>.&lt;/p&gt;

Hyperliquid Price Target of $116 Implies 35% Upside From $85.96

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