Hyperliquid (HYPE) is down 4.76%, now priced at $40.82. Its market cap is $13.63 billion, and volume today hit $478 million. Pharma tech firm Eyenovia announced a $50 million investment in HYPE. It also said it would rebrand to Hyperion DeFi. Still, the token dropped significantly.
SUI fell 3.98% to $2.90. Its market cap is $9.87 billion, and daily volume exceeded $1 billion. Selling pressure overwhelmed buyers despite high activity.