Major financial players set sights on dominant digital asset platform, sparking sell-off in top alternative coin.

The global decentralized exchange (DEX) HyperLiquid ($HYPE) continues to grow and its popularity is increasing.

At this point, CME Group and NYSE called on US authorities to regulate HyperLiquid, citing concerns about market manipulation and sanctions evasion. According to Bloomberg, CME Group and the New York Stock Exchange (NYSE) have called for regulation of the Hyperliquid ($HYPE) platform, expressing concerns that it could be used for market manipulation and sanctions evasion.

Following this news, the price of $HYPE started to fall.

*This is not investment advice.