Hyperliquid has surpassed Zcash in market capitalization, according to a report from CoinGecko. Hyperliquid is valued at $22 billion, compared with Zcash’s $21.4 billion. This shift places Hyperliquid, through its native HYPE token, ahead of the privacy-focused cryptocurrency in the rankings of leading digital assets. Both have recently ranked among the top 10 cryptocurrencies by market capitalization excluding stablecoins, reflecting increased competition between them. Further announcements, partnerships, and regulatory developments involving Hyperliquid could affect its valuation and market ranking.
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