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Hyperliquid Nears Top 10 Crypto Rankings

Arthur Hayes crowns Hyperliquid, Zcash, Near as crypto's outperforming holy trinity.

  • Arthur Hayes called Hyperliquid, ZCash, and Near Protocol crypto’s “holy trinity” of outperforming tokens.
  • Hyperliquid’s market cap is roughly $2 billion short of surpassing Dogecoin for a top-10 spot.
  • Zcash leads the trio in annual gains, rising more than 1,300% over the past year.
  • Newly launched Hyperliquid ETFs drove over $60 million in inflows this week, according to Farside Investors.

On Friday, Bitmex founder Arthur Hayes wrote on X that Hyperliquid, Zcash, and Near Protocol form a “holy trinity” as they outpace the broader market. “When you are in position, trading is easy, sit back and watch number go up,” he stated.

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Consequently, HYPE’s price climbed near a fresh record high above $61. This surge follows strong inflows into newly launched spot ETFs from Bitwise and 21Shares.

Meanwhile, NEAR’s price surged more than 30% to a six-month high. Hayes called NEAR his preferred trade, citing its “intents” narrative and privacy focus.

However, ZEC’s price fell 4% after recently hitting a six-month high. Hayes labeled Zcash his biggest non-Bitcoin bet, centered on growing demand for privacy tech.

While Zcash leads in annual gains, Hyperliquid has emerged as the clear retail favorite. Message volume around HYPE jumped over 2,600% in the past month.

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Conversely, Bitcoin traded flat, struggling to hold above $77,000. BTC’s price has fallen over 4% this year and remains nearly 40% below its record high.

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