On May 25, according to CoinMarketCap data, HYPE traded at approximately 62.42 US dollars, with a market capitalization of 15.86 billion US dollars, officially surpassing DOGE at 15.83 billion US dollars to become the 9th largest cryptocurrency by market cap. Hyperliquid has seen multiple positive catalysts including sustained net inflows into spot ETFs and a Grayscale-linked wallet accumulating over 680,000 HYPE in the past week. The market is shifting from narrative-driven speculation to fundamentals-driven valuation.

Zendon

2h ago

$HYPEUSDT — Smart Money Setup Loading? 📈🔥
The chart is showing a very clean higher timeframe structure with price currently trading around the 61.4 resistance region after an impulsive rally from the 55 demand zone. Right now, the market is entering a critical decision area, and the next move could create one of the best swing opportunities on the chart.
Market Structure Analysis 🧠
The overall trend still remains bullish on the bigger timeframe because price continues to print:
Higher highs
Higher lows
Strong bullish displacement from demand
The move from 55.1 → 64 was aggressive, showing s

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PettyLp:

Wait for the 55 liquidity sweep to enter the market again; rushing is not advisable.

CryptoChampion

4h ago

#HYPEMarketCapSurpassesDOGE
HYPE Surpassing DOGE Is Not Just A Market Cap Story — It Is A Complete Shift In How Crypto Assets Are Being Valued
HYPE officially moved ahead of DOGE in market capitalization, pushing Hyperliquid into the Top 10 digital assets globally with a valuation now exceeding $16 billion. Most headlines are framing the move as another ETF-fueled breakout, but the deeper mechanics driving this rally are far more important than short-term sentiment.
This is not behaving like a traditional speculative altcoin cycle.
The key difference is that Hyperliquid’s ecosystem continuous

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GateUser-b9273955:

yess sirr

Yusfirah

6h ago

#HYPEMarketCapSurpassesDOGE
🔥 HYPE Just Flipped DOGE But The Real Story Is Much Bigger Than Headlines
The market is celebrating Hyperliquid after HYPE crossed DOGE in market capitalization, pushing HYPE into the global Top 10 crypto assets with a valuation above $16B. Most traders are calling this an “ETF-driven rally.” That explanation misses the actual mechanism powering the move and misunderstanding the engine means misunderstanding the risk.
HYPE reaching the position is not behaving like a traditional speculative breakout. This rally is structurally different because the protocol itsel

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GateUser-b9273955:

yess

BeautifulDay

8h ago

#HYPEMarketCapSurpassesDOGE
The crypto market just witnessed one of the most unexpected flips of 2026. Hyperliquid’s native token HYPE has officially surpassed Dogecoin in total market capitalization, pushing DOGE out of the top 9 rankings and signaling a major shift in where capital is flowing across the industry. According to multiple market trackers, HYPE briefly reached a valuation above $15.8 billion while DOGE hovered slightly below that level.
What makes this move important is not just the ranking itself, but the type of narrative now dominating the market. For years, meme coins repre

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discovery:

To The Moon 🌕

MrKing

7h ago

HYPE's market cap officially surpasses DOGE, rising to the 9th largest cryptocurrency:
DOGE veterans:
"Not a big deal 😌"
"Just a temporary correction 😌"
"DOGE will quickly reclaim the Top 9 😌"
Actually inside:
🔥🔥🔥😭
Do you think HYPE can hold steady at 9th? 👀
‍#HYPE #DOGE

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Gate广场_Official2026-05-25 11:40:00

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MrFlower_XingChen

15h ago

#HYPEMarketCapSurpassesDOGE
The crypto market just witnessed one of the biggest narrative shifts of 2026.
🟣 HYPE officially flipped DOGE in market capitalization, climbing to nearly $16B+ and becoming the 9th largest cryptocurrency globally. While most headlines are crediting ETF hype and institutional attention, the real engine behind this rally is far deeper — and far more dangerous if misunderstood.
At first glance, the move looks simple:
HYPE ATH → $62.42
Market Cap → ~$16.05B
DOGE → ~$15.73B
But beneath the surface, this was not a normal speculative rally.
This was a 𝙋𝙧𝙤𝙩𝙤𝙘𝙤𝙡-𝘿

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Yusfirah:

Ape In 🚀

CryptoSelf

15h ago

HYPE-2.01%

User_any2026-05-24 20:18:38

#HYPEOutperformsAgain
HYPE just printed a new all-time high of $64.27 — and the market is paying attention.
🔹 The numbers speak
From $3.20 at launch in late 2024 to $64 today. That's a +1,877% run. While most of the top 100 moved sideways this week, HYPE accelerated 46% in seven days alone.
🔹 What's driving it
Spot HYPE ETFs from Bitwise and 21Shares hit the market earlier this month. Wall Street demand followed fast. Institutional flows are now amplifying what was already a fundamentally strong asset.
🔹 The protocol behind the price
Hyperliquid controls roughly 75% of the entire perpetual DEX market. Daily trading volume consistently clears $1 billion. The on-chain order book runs with sub-second finality. This is infrastructure that earns its valuation.
🔹 The structure looks clean
Price recovered from $21 in January, consolidated above $42 support, rejected resistance at $50, then broke out cleanly. Volume confirmed every leg. Buyers have been accumulating this move, not chasing it.
▪️ Over 2,200 buyers vs. fewer than 800 sellers in the last 24 hours. That ratio tells you everything about current sentiment.
A DEX that outperforms centralized giants, just got Wall Street's blessing, and still has 73% of its supply yet to circulate — whether that's opportunity or caution is a conversation worth having.
Where do you see HYPE heading from here? 👇
#HYPE #Hyperliquid #DeFi #GateSquare

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Yusfirah:

LFG 🔥

User_any

14h ago

#HYPEMarketCapSurpassesDOGE
Top Dog Flipped?
HYPE just leapfrogged the original meme coin. On May 25, Hyperliquid’s native token officially surpassed Dogecoin by market capitalization, landing at the 9th spot among all cryptocurrencies.
🔹 The numbers behind the milestone come straight from CoinMarketCap. HYPE traded at approximately $62.42 with a market cap of $15.86 billion, edging past DOGE at $15.83 billion. A razor-thin margin of roughly $30 million sealed the flip.
🔹 This is a breakout powered by real economic activity, not just community momentum. Hyperliquid routes 99% of protocol fe

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YamahaBlue:

2026 GOGOGO 👊

Crypto_Buzz_with_Alex

14h ago

#Polymarket每日热点
🐋 HYPE Price Prediction — The $140M Whale Short That Has Everyone Talking
This is one of the most fascinating whale stories playing out in crypto right now and I want to give you my honest analysis before dropping my prediction.
Loracle — the largest HYPE contract short position holder — hit $64 this morning and immediately placed a $75 million short order. This is not a new position. Since flipping from long to short back in April this whale has been methodically building — growing from $10 million to over $140 million in short exposure while averaging down from around $41 a

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Gate广场_Official2026-05-25 03:40:00

📢 Gate Square | Polymarket 5/25 Prediction: What will the HYPE price reach by the end of May?
On May 25, the largest HYPE contract short position, Loracle, was again at a high of $64 this morning, placing a massive $75 million short order. Since switching from a long to a short position in April, this whale has been continuously adding to their position, with holdings soaring from $10 million to over $140 million, and the average price being passively averaged from around $41 to $42.5. What do you think about the whale's influence on HYPE's future price?
🎁 Analysis and Prediction: Select 5 top users, each rewarded with $5 worth of tokens!
📝 Participation Guide:
Post with #Polymarket每日热点
🔹 Method A: Predict the HYPE price and attach an event card
🔹 Method B: Share your trading screenshot, along with your trading ideas and opinions
Join now: https://gate.onelink.me/Hls0/prediction?page=detail&event_ticker=442407&source=cex

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discovery:

To The Moon 🌕

EagleEye

12h ago

#HYPEMarketCapSurpassesDOGE
The crypto market is witnessing another historic shift as Hyperliquid’s native token HYPE has officially moved ahead of Dogecoin in market capitalization, marking one of the strongest momentum expansions seen in the digital asset sector this year. What initially started as a rapidly growing trading ecosystem has now evolved into a major market force attracting traders, liquidity providers, institutions, and long-term investors from across the global crypto landscape.
HYPE’s rise above DOGE is not being viewed as a temporary headline alone. Many analysts believe thi

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Yusfirah:

LFG 🔥

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