HYPE Surges 13.7% as BNB and XRP Lead Declines Across a Broad Correction
Redakcja CryptoPulsar ·
The crypto market cap stands near $2.76 trillion as Bitcoin slips 1.56% and Ethereum drops 2.16%. Hyperliquid gains 13.69% over 24 hours while BNB loses 5.71%. In the background: Coinbase earnings, Strategy's Bitcoin-driven operating profit, and Nasdaq's tokenization decision.
The crypto market closes the session under selling pressure in the large-cap segment. Total market capitalization stands at $2.76T, Bitcoin falls to $79,781 (-1.56%), and Ethereum to $2,298 (-2.16%). In the top 10, the strongest gainer is Hyperliquid (HYPE) with a +13.69% move over 24h and +20.83% over 7 days, while BNB loses 5.71% and XRP 4.93%. At the same time, key corporate headlines are flowing in: Coinbase earnings, Strategy's Bitcoin-driven operating profit, and Nasdaq's decision on tokenization.
Top gainers and losers among market leaders
Across the ten largest assets by market cap, the picture is clearly selective. On the upside, three names stand out: HYPE, Figure Heloc, and TRON. On the downside, the selloff leaders are BNB, XRP, and Solana. Price data shows stablecoins remaining near parity, while the main volatility is concentrated in speculative tokens and layer-one names.
| Crypto | Price | 24h | 7d |
|---|---|---|---|
| HYPE | $91,74 | +13,69% | +20,83% |
| FIGR_HELOC | $1,05 | +1,31% | +1,83% |
| TRX | $0,3307 | +0,42% | +1,03% |
| BTC | $79 781 | -1,56% | -0,61% |
| ETH | $2 298 | -2,16% | -2,00% |
| SOL | $98,35 | -3,57% | -3,43% |
| XRP | $1,26 | -4,93% | -1,76% |
| BNB | $709,15 | -5,71% | +1,95% |
| Crypto | Mkt Cap | Vol 24h | Rank |
|---|---|---|---|
| Bitcoin | $1,60T | $29,67B | #1 |
| Ethereum | $280,7B | $11,79B | #2 |
| USDT | $180,8B | $52,95B | #3 |
| BNB | $93,3B | $1,97B | #4 |
| XRP | $79,8B | $1,96B | #5 |
| USDC | $71,3B | $13,47B | #6 |
| SOL | $58,0B | $2,95B | #7 |
| TRX | $31,4B | $0,32B | #8 |
| FIGR_HELOC | $27,1B | $0,09B | #9 |
| HYPE | $21,95B | $2,45B | #10 |
What the numbers say about session strength and weakness
Bitcoin's share of total market capitalization, calculated from the stated values of $1.604T versus $2.758T, is about 58.2%. That remains a dominant market position. At the same time, BTC's 1.56% decline on $29.67B in volume points to active rotation rather than a full liquidity fade. Bitcoin's ATH in the data is $126,080, so the current price sits clearly below the historical peak.
Ethereum loses 2.16% to $2,297.92 on a $280.7B market cap and $11.79B in volume. ETH's ATH in the data is $4,946.05. On-chain metrics put ETH circulating supply at roughly 122.17 million tokens. In Bitquery large-transfer data, moves include 5,888.65 ETH and further batches above 2,000 ETH, confirming elevated large-wallet activity around the session.
BNB falls the hardest in the top 10 among major L1s: -5.71% to $709.15, on a $93.3B market cap. Notably, BNB's 7-day result remains positive (+1.95%), so today's selloff looks like a pullback within a still mixed weekly setup. XRP drops 4.93% to $1.26, and Solana 3.57% to $98.35.
💡 Worth knowing
HYPE at $91.74 and a $21.95B market cap generates 24h volume of $2.45B. That turnover is very high relative to market cap for a name at the end of the top 10 and helps explain the scale of the +13.69% one-day move and +20.83% weekly gain. HYPE's ATH in the data is $97.96, so the price is close to a local peak.
Sector map: DeFi on top, L2s and memecoins under pressure
Category trend data shows a clear strength split. In DeFi, Hyperliquid leads (+13.69%), while Uniswap falls 4.60% and Ethena 6.10%. In Layer 1 EVM, TRON is strongest (+0.42%) and BNB weakest (-5.71%), with Ethereum at -2.16%. In non-EVM, XRP (-4.93%), Solana (-3.57%), and Cardano (-4.01%) are down.
Layer 2 is under pressure: Arbitrum -7.76%, Mantle -2.70%, POL -1.12%. Memecoins are also softening: Dogecoin -3.11%, Shiba Inu -3.42%. In Gaming & NFT, declines include JasmyCoin at 10.13% and Pudgy Penguins at 5.28%. Oracles & Infrastructure: Chainlink -3.20%, Quant -5.87%, Filecoin -5.14%. Stablecoins remain steady: USDT -0.03%, USDC -0.01%.
🔑 Key takeaways
- Total market capitalization: $2.758T.
- BTC $79,781 (-1.56%), ETH $2,298 (-2.16%), BTC share about 58.2% of market cap.
- Strongest large-cap move: HYPE +13.69% (7d +20.83%).
- Weakest in the top 10: BNB -5.71%, XRP -4.93%, SOL -3.57%.
- USDT posts the highest 24h volume in the set: $52.95B.
CryptoPulsar market cycle: a mixed large-cap picture
The market cycle module shows readings around 26-32/50 for major assets, which historically maps to an ambiguous phase without clean upside momentum. SOL scores 31.8/50, XRP 30.8/50, BTC 30.7/50, ETH 28.5/50, BNB 26.6/50.
In the cycle description for Solana, high large-transfer activity is flagged (at least 100 transfers of 10k SOL or more in the analyzed window) along with DEX turnover of roughly $2.2B. RSI in the cycle model for SOL is 40.8 (neutral zone), MACD is assessed as bullish, but EMA 9 remains below EMA 21. The fear and greed index in these readings is 51, a neutral level.
For Bitcoin, the cycle points to about 1.00 million network transactions in the analyzed day (1,001,494) and mixed momentum signals: RSI in the daily model closer to oversold, with a fresher series reading clearly higher, MACD bullish in the model but with a negative histogram and EMA 9 under EMA 21. Funding and sentiment are described as neutral.
For Ethereum, the cycle highlights supply flowing toward exchanges in a short window (about 5.9k ETH in 4 hours, more deposits than withdrawals) and 47 large transfers in an hour. That is consistent with the Bitquery whale-transfer list, which includes 5,888.65 ETH among other moves. ETH cycle RSI is 41.7, with a fresher reading clearly higher; EMA 9 under EMA 21 remains a caution signal.
The data points to a two-track market: the broad large-cap segment is under pressure (BTC, ETH and peers), while selective names such as HYPE deliver outsized relative strength.