---
title: "Crypto Tokens Surge Up to 50% on Regulatory Optimism"
description: "Via Bloomberg Markets: Crypto tokens tied to trading and tokenization are surging after US regulators moved to expand digital-asset markets despite the failu..."
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### Crypto Tokens Surge Up to 50% on Regulatory Optimism

Bloomberg Markets • September 21, 2026 at 2:18 PM ET

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Crypto tokens tied to trading and tokenization are surging after US regulators moved to expand digital-asset markets despite the failure of landmark crypto legislation in Congress. Hyperliquid’s HYPE token climbed to a record $96 on Monday, taking its market value to above $20 billion. Uniswap’s UNI has gained roughly 40% over the past week, while Avalanche’s AVAX is up about 47%, Ethena’s ENA’s up about 50% and Ondo’s ONDO rose by roughly 26%.

The rally reflects growing confidence in regulatory clarity and market infrastructure development.

[Read original article](https://www.bloomberg.com/news/articles/2026-09-21/crypto-tokens-jump-up-to-50-in-a-post-clarity-regulatory-bet)

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