Influencer compares HYPE market cap to SOL's at $20 in Oct. 2023

Amid a continued rally that saw Hyperliquid (HYPE) hit a new all-time high yesterday, the crypto community is taking note of the token's market capitalization. Crypto influencer Ansem, who has 869,000 followers on X, highlighted that HYPE's current circulating market cap is comparable to that of Solana (SOL) in October 2023, when SOL was trading at around $20. Ansem noted that Solana subsequently surged to $200 in less than six months. According to CoinMarketCap, HYPE is currently trading at $61.47, up 19.59%.