- Hyperliquid exits the top 20 market cap list.
- Volatile market conditions raise questions.
- Speculation of further price drop persists.
Hyperliquid (HYPE), based in Singapore, fell from the top 20 in crypto market capitalization as of November 2025, signaling shifting token dynamics.
The decline raises questions about HYPE’s market stability, testing investor confidence amid ongoing market volatility and negative sentiment.
Hyperliquid has recently fallen out of the top 20 cryptocurrencies by market capitalization. This comes amid speculation about a potential further 25% drop, though there is no definitive confirmation from official sources.
The principal entity, the Hyper Foundation, based in Singapore, launched HYPE in 2024. Their focus remains on developing the Layer 1 blockchain. Despite media reports, no leadership team members have been publicly identified.
Market dynamics have shifted with Hyperliquid’s descent, marked by decreased hype and a weakened sentiment score. Trading volumes remain high, though price volatility reflects market uncertainties.
While there are no confirmed new funding rounds, the blockchain’s Total Value Locked (TVL) underscores solid liquidity. HYPE remains active across exchanges, with prices fluctuating amid broader market pressure.
Historical trends suggest post-airdrop price corrections, akin to DeFi airdrop events. The potential outcomes could affect related assets like Cardano and Dogecoin if capital inflows shift. Regulatory actions currently remain unreported in major jurisdictions.
While HYPE may show resilience, speculation of a further 25% drop persists without factual confirmation.
