Why Michaël van de Poppe Sees $100 for HYPE | Markets Outlook

Michaël van de Poppe, a European crypto trader and portfolio manager, makes a bold case that Hyperliquid (HYPE) could surge to $100 or more, driven by global demand for derivatives trading and institutional inflows following U.S. ETF launches—despite its U.S. regulatory exclusion. He argues that Hyperliquid’s current valuation remains deeply undervalued relative to its growth trajectory, especially when compared to Solana, which he sees as a stronger long-term hold due to its institutional adoption and blockchain maturity. Van de Poppe also champions AI-native crypto protocols like NIR and BitTensor, noting their underpriced valuations relative to AI IPOs and their strong revenue growth, with NIR potentially reaching $10–20 and BitTensor surging to $1,000–$2,000. He remains skeptical of pure privacy coins like Zcash due to regulatory risks and limited investment theses, favoring hybrid privacy solutions using zero-knowledge proofs instead. On the macro front, he warns that sustained high yields in Japan and potential Fed rate hikes could dampen risk appetite, while a Middle East peace deal might trigger a market rally. His core message: the next wave of crypto value will come not from speculation, but from infrastructure, institutional adoption, and real-world utility—especially at the intersection of AI and finance.