Hyperliquid (HYPE) Flips Sui (SUI) in Market Cap—Is This the Next Crypto to Watch?

Move over, Sui—Hyperliquid’s HYPE token just bulldozed past SUI in market cap, sparking debates about whether this newcomer has staying power or just another flash in the algorithmic pan.

The HYPE train leaves the station

Cynical take
: Another day, another token outperforming fundamentals—because in crypto, the ’tech’ is optional when the chart goes brrr.

Remittix could be the next HYPE

The HYPE token was launched in 2024 and has now surged by over 1,000% within a year. If any token is poised for a similar or bigger growth, experts believe it’s Remittix. The new Payment Finance (PayFi) token has been running riot in the crypto market since its presale began in late 2024, raising over $15.4 million from nearly 540 million sold tokens.

Considering that Remittix has been priced at less than 10 cents throughout its presale, the massive feat has seen it grow in demand among crypto whales looking for the next big thing in PayFi. Those who bought Remittix at the start of its initial coin offering (ICO) have seen their investments surge by over 420%. There’s also a strong Optimism that Remittix would explode after the project fully launches.

Remittix’s growth and adoption would be fueled by the project’s exciting solutions in PayFi, especially the Remittix Pay API that allows businesses to integrate crypto payments into their offerings and expand their support for international clients. With this solution, there won’t be a need for intermediaries or high fees when processing cross-border transactions.

HYPE leaps over established altcoins: Eyes the top 10 spot

The HYPE token recently became the 11th-largest cryptocurrency by market cap after reaching a new all-time high. The surge in the HYPE price and market cap drove the HYPE token beyond established projects like SUI, Chainlink (LINK), Avalanche (AVAX), and Stellar (XLM).

Source: CoinMarketCap

According to data from CoinMarketCap, the HYPE market cap stands at $12.36 billion, indicating the growing interest around HYPE among investors. One major factor driving the bullish HYPE sentiment is the recent news about a trader who placed a $1.1 billion bet on Bitcoin on the Hyperliquid decentralized exchange (DEX). Consequently, the HYPE price has increased by over 100% in the past month. However, a Hyperliquid price prediction of $100 remains in doubt, considering that the recent surge is mainly backed by social media hype.

SUI’s growth stalls after recent high

The SUI crypto had a good run, like most altcoins, within the past month, but a recent market correction has hit the SUI price, evident in its over 10% decline in the past week. After the sui price action was destabilised, the altcoin dipped from around $4.2 to $3.4, signifying the recent bearish trend among SUI investors.

Source: CoinMarketCap

Though SUI is now regaining momentum and looking to move out of the red zone, the recent SUI price movement has caused the altcoin to fall in the general crypto ranking, and SUI investors now watch with caution.

Conclusion

With exciting features that challenge existing PayFi projects like Ripple and Stellar, Remittix is set to be the next HYPE token and is on course to leapfrog many established altcoins. Buy RTX on presale for $0.0781 before it explodes.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix