Hyperliquid ecosystem token KNTQ surges past $0.5, hitting a new all-time high—up over 15% in the past six hours.

On October 29, HTX market data showed that KNTQ—the token of Kinetiq, a liquid staking protocol within the Hyperliquid ecosystem—surged past $0.50, driven by HYPE’s rally. The token gained over 15% in the past six hours, pushing its market cap to more than $156 million—setting a new all-time high.