Cryptocurrencies are no stranger to mood swings, and this week was a major display of that. Overall market volatility has decreased by a few percentage points across the board as October ends, making the Uptober a mixed month. But while the market is in turmoil, let’s check out this trio: HBAR, HYPE, and ConstructKoin’s CTK. For the past seven days, it has been in a bright green based on strong fundamentals.
Hedera’s enterprise-grade ledger is roaring with real-world traction, Hyperliquid’s HYPE is leveraging volatility to fuel thriving purp trades, and CTK’s presale is soaking up tons of dry powder as explosive profits are promised after the token launch. Let’s unravel the reasons behind their weekly wins.
HBAR Enterprise Edge Up 17% Weekly To $0.19, Lows To $0.17
Hedera’s HBAR showed impressive strength this week, rising 17% amid the overall market downturn. The main impetus was the launch of the HBAR ETF on October 28th, managed by Canary Capital. Hedera played the long game, stalling for enterprises from day one at a time when most emerging chains were focused on DeFi.
A few days later, HBAR drops to around $0.1769 as it attempts to recover following positive market signals.
This strategy is now paying off as a large number of institutions are on board, with Hedera securing a series of new integrations with global carriers for micropayments, making the network’s aBFT consensus the go-to for institutions avoiding Ethereum’s gas roulette. The HBAR token has outperformed all other crypto majors as Hedera’s TVL steadily rises and partnerships like ServiceNow’s tokenization pilot scale up to multi-billion throughput. This rally proves that corporate adoption is the ultimate beta hedge, turning regulatory tailwinds into token torque.
HYPE trading speed rose to $44, fell to $39
If HBAR is the boss on the board, HYPE is the adrenaline junkie who keeps high-leverage modulators supplied with on-chain criminals 24 hours a day. To be fair, it’s not just retail that makes Hyperliquid a go-to playground for criminals. A considerable number of professional trading companies are also participating.
Trading at $44 on October 30th after a weekly increase of 10%, HYPE is bucking the downtrend as traders take advantage of zero gas swaps and 100x leverage without CEX custody issues. With node collateral, stable staking yields, and a $12 billion cap, HYPE is a big beast that doesn’t seem to be done growing yet. A few days later, HYPE fell to the sub-$40 range along with the broader market. If PERP volume holds, the token is expected to cross $50 by mid-November, making HYPE a velocity play that turns market cuts into leveraged liftoffs.
ConstructKoin (CTK) presale accelerates with ReFi momentum
While HBAR and HYPE are trading on the charts, CTK is in pre-sale purgatory. But there are real 100x tokens out there, just waiting to be unleashed on the market. This week has seen significant inflows into presales, including several whale purchases, suggesting smart money believes the company’s real estate finance (ReFi) vision has what it takes to succeed.
The project will ultimately be judged by what it delivers after the pre-sale ends, but there are positive signs, including the prospect of up to 12% CTK staking yields paid in USDT from interest on real estate loans overseen by ConstructKoin.
With over 500 million pounds of development partners involved and bonus perks like token airdrops that add an extra layer of incentive, ConstructKoin is building a revenue engine that easily goes from 10x to over $1 upon DEX listing, turning pre-sale patience into serious ReFi returns.
In a somewhat depressing week for cryptocurrencies, the resurgence of HBAR’s Enterprise Armor and HYPE, coupled with CTK’s presale strength, shows that there are still opportunities. These winners are bucking the trend while demonstrating that fundamentals matter. It may be a soft whisper, but this could be a sign that cryptocurrencies are maturing beyond the hype to building real products with real traction. This is progress.