Multicoin Capital backs $319 HYPE target despite major risk warnings

Multicoin Capital has projected that Hyperliquid’s HYPE token could reach $319 by 2028 despite identifying several structural and market risks that could threaten its long-term outlook. Summary Multicoin Capital has forecast a $319 HYPE price by 2028, citing Hyperliquid’s earnings growth and expanding market share. The firm pointed to HIP-3, token buybacks, and rising perpetual…

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Ripple’s RLUSD Breaks Into Japan With SBI After Regulatory Approval

Key Takeaways Ripple and SBI brought RLUSD to Japan through SBI’s regulated crypto platform. Regulatory approval allows broader stablecoin access for institutions, consumers, and businesses in Japan. Future services may expand RLUSD use in payments, tokenization, and collateral management. Ripple and SBI Introduce RLUSD Launch Across Japan Ripple and SBI Holdings, a major Japanese financial…

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