Interest around Hyperliquid’s HYPE coin is rising steadily as 2026 approaches, with market analysts outlining price expectations that stretch from a cautious $37 to a bold $123. These numbers are based on strong usage data and the platform’s design as a fast perpetual trading network. Because of this setup, many now view HYPE as the best crypto to buy for those looking at the next phase of DeFi growth through proven performance.

Recent on-chain figures show Hyperliquid holding close to $530–$550 million in total value locked while processing nearly $165 billion in monthly perpetual trading volume. Annual fees have moved beyond $1 billion, which supports the positive outlook. A 97% fee buyback system has already pulled more than 850 million HYPE coins out of supply, cutting available supply by about 26% each year. This structure gives HYPE features similar to equity-based systems rarely seen in DeFi.

Although HYPE is often described as the best crypto to buy among mature DeFi networks, another name is rapidly building momentum in the presale space. Zero Knowledge Proof (ZKP) is a privacy-first blockchain that completed its full infrastructure build before offering coins to the public. Analysts now link Zero Knowledge Proof (ZKP) with forecasts as high as 600x for early participants.

Below is a clear breakdown of why HYPE continues to lead DeFi value capture, what its future price levels could look like, and why Zero Knowledge Proof (ZKP) is being discussed as a strong alternative for those seeking higher upside.

Why Hyperliquid’s Core Metrics Look Strong

A closer look at Hyperliquid shows why HYPE stands apart from many other DeFi coins. One major factor is how efficiently the network turns locked value into trading activity and fees.

Volume-to-TVL strength: Each month, Hyperliquid processes about $165 billion in perpetual trades while holding near $550 million in TVL. This creates a volume-to-TVL ratio close to 300:1, far above the 2–3:1 range seen across much of DeFi.

Fee generation pace: Yearly fees are running above $1 billion, with more than $80 million collected in the last 30 days alone. This highlights how much revenue the network produces relative to its size.

Revenue per user growth: Average revenue per active trader has climbed from around $1,776 per month in late 2024 to almost $2,953 recently, showing deeper usage and better monetization.

These points help explain why analysts often label HYPE as the best crypto to buy for exposure to perpetual trading growth. The network already produces cash flow levels that appeal to larger market players.

How the 97% Buyback System Supports Long-Term Value

Another key reason HYPE attracts attention is its fee distribution model, which channels most network earnings back into buybacks.

• 97% of all collected fees are used to buy back HYPE
• More than 850 million HYPE coins have already been removed from circulation
• Current fee levels imply about a 26% yearly supply drop
• Over 11.4 million HYPE coins are staked by long-term holders

This setup links higher network usage directly to lower circulating supply. For those searching for the best crypto to buy with clear value flow, this buyback-based structure offers a simple and visible connection between platform growth and price support.

Why Zero Knowledge Proof (ZKP) Is Emerging as a Key Alternative

While HYPE is often linked with steady 2–3x growth, Zero Knowledge Proof (ZKP) follows a very different path. It focuses on early-stage expansion, active technology, and a presale auction model that analysts believe could support 600x outcomes.

Key reasons Zero Knowledge Proof (ZKP) is called the best crypto to buy:

$100 million spent before presale: Zero Knowledge Proof (ZKP) allocated $20 million to blockchain design, $17 million to build Proof Pods, and $5 million to secure the zkp.com domain, all before starting the presale auction. The infrastructure, network, and auction are live today.

Presale auction with daily pressure: The presale auction releases exactly 200 million coins every 24 hours using on-chain rules. Each day resets pricing logic, meaning earlier buyers always enter at lower effective levels.

600x analyst outlook: Market analysts suggest Zero Knowledge Proof (ZKP) could raise up to $1.7 billion, with early buyers potentially seeing 600x results due to live infra and controlled presale auction flow.

Active utility already running: Proof Pods priced at $249 are already delivering and shipping globally, allowing users to earn through verified AI computation. The testnet, explorer, and faucet tools are operational now, confirming real usage.

Strong support for zero-knowledge tech: Ethereum’s co-founder has repeatedly highlighted zero-knowledge cryptography as a core future technology. Zero Knowledge Proof (ZKP) is among the first to deploy this approach at scale with a working network.

$5 million reward campaign: A live $5 million giveaway will select 10 winners to receive $500,000 each in Zero Knowledge Proof (ZKP). Entry starts with $100, and daily participation compounds benefits over time.

These factors combine to position Zero Knowledge Proof (ZKP) as the best crypto to buy for those focused on early access, live infra, and high-growth models built around presale auctions.

Final Say

From a risk balance view, HYPE stands as the best crypto to buy for those preferring established DeFi systems backed by more than $1 billion in yearly fees and visible value capture.

On the other side, Zero Knowledge Proof (ZKP) appears as the best crypto to buy for those aiming at early-stage expansion supported by live infra, an active presale auction, and analyst expectations reaching 600x.

Both paths remain open today. HYPE offers exposure to proven DeFi activity, while Zero Knowledge Proof (ZKP) adds a daily countdown through its presale auction, making timing a key factor for participation.

Explore Zero Knowledge Proof:

Auction: https://auction.zkp.com/

Website: https://zkp.com/

X: https://x.com/ZKPofficial

Telegram: https://t.me/ZKPofficial