Are Zcash And Hyperliquid The Stars Of The 2026 Crypto Market?

Zcash (ZEC) and Hyperliquid (HYPE) are currently delivering some of the biggest returns in the cryptocurrency market. Hyperliquid (HYPE) has hit multiple all-time highs over the last few months. Zcash (ZEC), on the other hand, reclaimed the $1000 price level for the first time in nearly 10 years. Let’s discuss if the two cryptocurrencies are the stars of this year’s market cycle.

Zcash (ZEC) And Hyperliquid (HYPE) To Dominate the 2026 Cryptocurrency Market Cycle?

Zcash (ZEC) began its upward momentum after Grayscale launched its spot ZEC ETF (Exchange Traded Fund). ETFs have become a key price determiner in the cryptocurrency sector. A similar pattern was seen with Bitcoin (BTC) and Ethereum (ETH). Both assets climbed to new all-time highs in 2025 after increased ETF inflows.

Zcash (ZEC) is also a privacy-focussed cryptocurrency. People have become increasingly distrustful of their governments due to increased surveillance. Many have moved to cryptocurrencies, especially those with privacy options, to stay under the radar. The trend is expected to continue growing.

Hyperliquid (HYPE) saw increased price action after a rise in user activity on the Hyperliquid exchange. Traders flocked to the platform earlier this year to trade oil futures. Unlike other exchanges, the Hyperliquid exchange was open 24/7, which made it very attractive for traders. Hyperliquid’s (HYPE) latest rally began after President Trump’s cryptocurrency event at the White House. During the event, Trump stated that CFTC (Commodity Futures Trading Commission) Chair Michael S. Selig was working on Hyperliquid launching in the US. The anticipation of a US launch may have led to increased interest in the HYPE cryptocurrency, which is the exchange’s native token.

Also Read: Zcash Up 134%, Hits $1000 For The First Time In Nearly 10 Years

Both Zcash (ZEC) and Hyperliquid (HYPE) are likely rallying due to different reasons. Both assets could potentially see continued price rises over the coming months if investor confidence remains high.