HYPE, the native token of the Hyperliquid ecosystem, has emerged as the most trending cryptocurrency on CoinGecko for the week of January 24–30. According to CoinGecko’s latest ranking, the token outperformed a wide range of assets including Bitcoin, Ethereum, Solana, and several high-profile altcoins in terms of user searches and engagement.
HYPE Leads CoinGecko’s Top 20 Trending Coins
CoinGecko’s data shows HYPE claiming the number one position among its Top 20 Trending Coins, with its market capitalization of approximately $6.9 billion at the time of the snapshot. While significantly smaller than major Layer-1 networks like Ethereum or Solana, HYPE’s leading position highlights its disproportionate level of attention relative to size.
The trending list, which tracks real-time interest rather than market cap alone, placed HYPE firmly at the top, followed by River and Nietzschean Penguin. Even legacy assets such as Bitcoin and Ethereum were well below HYPE on the trending list, despite their vastly larger market capitalizations.
Top 20 Trending Coins on CoinGecko 🦎
This week, $HYPE (@HyperliquidX) leads the pack, followed by $RIVER (@RiverdotInc), and $PENGUIN (@NietzscheanSol_).
Are you keeping an eye on these? pic.twitter.com/OFlZmceywJ
— CoinGecko (@coingecko) January 30, 2026
Trending rankings on CoinGecko signal heightened speculative interest, as they reflect what traders and investors are actively researching rather than what they already hold. Thus, HYPE’s dominance on the list suggests that market participants are closely monitoring its recent price behavior and ecosystem developments.
Why HYPE Is Capturing Market Attention
The surge in interest surrounding HYPE is closely tied to the heightened visibility of Hyperliquid’s decentralized perpetual trading platform. As volatility has picked up across crypto markets, traders have increasingly gravitated toward derivatives platforms offering deep liquidity, fast execution, and non-custodial access—areas where Hyperliquid has been gaining traction.
HYPE has also remained a frequent topic across crypto-focused social media, with traders discussing its price swings, volume dynamics, and broader role within the Hyperliquid ecosystem. In fast-moving markets, tokens that experience rapid price movements or narrative shifts often rise quickly in trending rankings, even if they remain smaller in absolute valuation.
HYPE’s position reflects this dynamic, with its price gaining over 50% over the past week, as traders appear focused on short-term opportunity and momentum rather than long-established fundamentals alone. This combination of strong market activity and sustained online engagement has helped propel the token to the top of CoinGecko’s trending charts.
What Traders Are Watching Next
With HYPE now firmly in the spotlight, market participants are watching to see whether the surge in attention translates into sustained trading volume and longer-term momentum. Assets topping CoinGecko’s trending charts often experience increased volatility, as speculative interest intensifies and short-term positioning accelerates.
Traders will also be monitoring whether the token can maintain its visibility as market conditions evolve, or if attention rotates toward other emerging tokens on the list. For now, HYPE’s leading position on CoinGecko shows it is one of the most closely watched assets in the crypto market this week.
Evans Kelvin
The CoinRemark Team
