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Hyperliquid jumps 11.07%, leading altcoin gains amid rising DeFi interest

Market News
17 May 2026
The Currency Analytics
View Source
Neutral
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Hyperliquid (HYPE) surged 11.07% to $46.06, boosting its market cap to $10.93 billion, driven by growing interest in decentralized finance (DeFi) projects. Other notable gainers include Venice Token, Zcash, Provenance Blockchain, and Toncoin, reflecting diverse growth across blockchain sectors. Meanwhile, Bitcoin Cash and Quant saw notable declines, highlighting ongoing market volatility. Investors are watching Bitcoin’s price and upcoming macroeconomic and regulatory events that could impact the crypto market further.

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