HYPE, the native token of the decentralized crypto exchange Hyperliquid, has experienced a remarkable surge, reaching a new all-time high even as the broader digital asset market continues to grapple with a prolonged downturn. The token recently outpaced Dogecoin (DOGE) to claim the 10th position among the largest cryptocurrencies by market capitalization. This development prompted an inquiry into whether HYPE could potentially surpass Ripple’s XRP within the current year, with insights sought from three prominent AI-powered chatbots.
HYPE’s Ascent and Market Position
Earlier this week, HYPE’s price climbed to a historic peak of approximately $77, accompanied by a market capitalization reaching around $16 billion. Despite this significant appreciation, HYPE’s valuation remains considerably lower than XRP, which currently boasts a market capitalization of roughly $74 billion.
AI Perspectives on HYPE’s Potential to Overtake XRP
ChatGPT assessed the likelihood of HYPE surpassing XRP as low, citing the substantial market cap disparity. However, OpenAI’s platform did identify several potential catalysts that could drive HYPE’s valuation to such levels. These include the growing popularity of Hyperliquid, its potential expansion to rival major exchanges like Binance, and endorsements from influential figures within the industry.
The report also referenced Arthur Hayes, co-founder of BitMEX, who had a significant stake in HYPE. While Hayes reportedly sold his holdings, the blockchain analytics platform Lookonchain suggested he may have repurchased nearly 34,000 HYPE tokens for over $2 million, a claim Hayes has since denied.
ChatGPT further suggested that institutional interest could positively impact HYPE. Data indicates that inflows into spot HYPE exchange-traded funds (ETFs) have recently outweighed outflows, accumulating approximately $180 million in net inflows. This figure, however, falls short of the $1.44 billion attracted by XRP-based ETFs since their introduction in late 2025.
Perplexity echoed a similar sentiment, positing that a significant rise for HYPE is only conceivable within a “narrow sense.” The AI highlighted that beyond its market cap advantage, XRP benefits from a large and dedicated community, which could present a formidable obstacle to HYPE’s ascent. Perplexity elaborated, stating, “In 2026, HYPE can plausibly flip XRP on price momentum, narrative strength, or even short-term market cap at times, but XRP has a much larger base to overtake, so a full sustained flip is less likely without a major rotation in capital.”
Google’s Gemini offered a more cautious outlook, identifying pure mathematics as the primary challenge for HYPE, rather than its utility. Gemini characterized XRP as a “highly liquid, large-cap legacy asset” with a market cap that remains in the tens of billions of dollars even during market corrections, supported by “deep institutional plumbing and international remittance use cases.” Gemini concluded, “For HYPE to flip XRP, it would need to see an astronomical influx of capital, multi-billion-dollar daily trading volumes, and massive speculative retail FOMO – all while XRP would have to severely stagnate or decline.”
Leave a Reply