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What is Hyperlane (HYPER)?

​Hyperlane is a permissionless interoperability protocol that facilitates seamless communication and asset transfers across blockchain networks. It empowers developers to build interchain dApps that can operate across multiple blockchains, eliminating the need for centralized intermediaries.​ It is fueled by its native token, HYPER, which is used for staking, governance, and incentivizing network participants.

Who founded Hyperlane (HYPER)?

​Hyperlane was co-founded by Jon Kol, Asa Oines, and Nam Chu Hoai.

Primary features of Hyperlane (HYPER)

• HYPER token: Hyperlane is powered by its native token, HYPER, which has multiple utilities within the network, such as staking, governance, and incentivizing network participants.

• Permissionless deployment: Any developer can deploy Hyperlane on their blockchain, whether it’s a Layer 1, rollup, or app-chain, enabling immediate cross-chain capabilities. ​

• Scalability: Hyperlane is designed to support a growing number of blockchains and massive message volumes with low latency and high reliability.

• Modular protocol: Hyperlane’s protocol is modular, which means developers can tweak security, fee structures, and communication methods according to their requirements.

Is HYPER a promising crypto?

Hyperlane (HYPER) is a relatively new crypto project that is shaping up into a promising one. It enables seamless communication across more than 140 blockchains. One of its standout features is permissionless deployment, allowing developers to easily integrate Hyperlane without needing approval. With a total supply of 1 billion tokens and a strong focus on community-driven incentives, HYPER ranks #644 in the overall crypto ranking, with a market cap of $34.09M, as of 28 April 2025. The price is forecast to reach $0.25 by 2030.

You can buy HYPER from crypto platforms like CoinSwitch.

How do I use Hyperlane (HYPER)?

• HYPER can be bought and traded on crypto platforms like CoinSwitch. 

• It facilitates transactions on the Hyperlane protocol.

• HYPER holders can stake the token to earn staking rewards and participate in governance.

• The HYPER token is used to incentivize network participants.

Pros & Cons of Hyperlane (HYPER)

Pros

• Enables seamless interaction across blockchains, boosting interoperability.

• Developers can easily integrate Hyperlane without needing approval.

• Hyperlane is positioned well in the expanding cross-chain and DeFi ecosystems.

Cons

• HYPER is subject to market volatility like all cryptos.

• As a relatively new project, adoption and network effects are still developing.

• Faces tough competition from established interoperability protocols like LayerZero, Axelar, and Wormhole.

How to trade HYPER on CoinSwitch?

• Start investing in HYPER with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for users.

• Easily manage your transactions and portfolio on the app.

Hyperlane (HYPER) ICO summary

Hyperlane (HYPER) raised a total of $19.1 million, including $18.5 million in a seed round in September 2022 and $600,000 during a public Initial DEX Offering (IDO) held on April 22, 2025, at an initial price of $0.03 per token. Key investors backing Hyperlane include Variant, CoinFund, Galaxy, Hack VC, Circle Ventures, Kraken Ventures, NFX, and Blockdaemon.

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FAQ's

1. What is Hyperlane (HYPER)?

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Hyperlane is a permissionless cross-chain interoperability protocol that allows seamless communication and asset transfers across multiple blockchain networks. It is powered by the HYPER token.

 

2. What are the main features of Hyperlane (HYPER)?

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Key features include permissionless deployment on any blockchain, scalability to handle massive message volumes, a modular protocol design, and its native token (HYPER) for governance, staking, and incentives.

3. Is Hyperlane (HYPER) a good investment?

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Hyperlane (HYPER) is considered promising due to its growing adoption across 140+ blockchains, strong focus on decentralization, and flexible developer tools. However, like all cryptos, it remains subject to market volatility and competition.

4. How can I buy and use Hyperlane (HYPER)?

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You can buy HYPER on platforms like CoinSwitch with as little as ₹100. 

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Hyperlane is a cross-chain protocol that enables seamless communication between different blockchain networks.

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Price Statistics

HYPER Price Today

HYPER Price

₹11.12

Price Change 24h

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0%

Price Change 7d

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0.74%

Market Rank

#615

Market Cap

₹239 Cr.

Trade Vol 24h

66 Cr

Circulating Supply

22 Cr. HYPER

Trading Activity

50% Buy50% Sell

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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