How Does the Crypto Market Overview Look in November 2025?

Top 10 cryptocurrencies by market cap in November 2025

As of November 2025, the cryptocurrency market has evolved significantly with several major shifts in market capitalization rankings. Hyperliquid (HYPE) has emerged as a standout performer, currently ranking 16th with a market cap of $10.42 billion. The token has demonstrated remarkable growth, with a staggering one-year price increase of 110,515.06%, rising from near-zero to $38.5.

The current market landscape shows the continued dominance of established projects alongside innovative newcomers:

Hyperliquid's impressive performance can be attributed to its high-performance L1 blockchain optimized for financial applications. With block latency under 1 second, it supports an entire ecosystem of permissionless financial applications where every order, cancellation, trade, and liquidation happens transparently on-chain. Its fully on-chain order book perpetuals exchange has attracted significant attention from institutional investors seeking advanced DeFi infrastructure, evidenced by consistent daily trading volumes exceeding $20 million in recent months.

Analysis of trading volumes and liquidity across major exchanges

HYPE token demonstrates substantial trading volume across exchanges, with 24-hour volumes reaching approximately $20 million as of November 2025. This indicates a healthy level of market activity for a token ranked 16th by market capitalization. Trading volume has shown significant fluctuations over recent months, with particularly heavy activity observed during price volatility periods.

Analysis of the daily trading data reveals interesting patterns in liquidity distribution:

The data demonstrates that gate exchange captures a significant portion of HYPE's trading volume. When examining specific high-volume days, there's a clear correlation between increased trading activity and price volatility. For instance, on November 4th, 2025, HYPE experienced its highest trading volume at over $3 million, coinciding with a 13.7% price fluctuation.

Market depth analysis shows adequate liquidity for typical trading sizes, though larger orders may experience slippage during periods of lower volume. The exchange's order book typically maintains sufficient depth to handle moderate trading pressure without excessive price impact.

Circulating supply vs total supply ratios for leading tokens

When evaluating token economics, the ratio between circulating supply and total supply provides critical insight into potential market dynamics and tokenomics health. For major cryptocurrencies, this ratio indicates how much of the total token supply is currently available in the market versus what remains locked or unreleased.

Examining Hyperliquid (HYPE) reveals interesting patterns compared to other leading tokens. With a circulating supply of approximately 270.77 million HYPE against a maximum supply of 1 billion, HYPE has a circulation ratio of 27.08%.

This relatively low circulation ratio for HYPE suggests significant potential for future token releases, which could impact price stability. By comparison, Bitcoin's high circulation ratio indicates mature distribution with limited new supply entering the market, contributing to its scarcity-driven value proposition. Projects with circulation ratios below 30%, like HYPE, often face more scrutiny regarding potential sell pressure from future token unlocks, particularly when large portions remain allocated to team members, investors, or foundation reserves.

Exchange coverage and accessibility of top crypto assets

The accessibility of top crypto assets across major exchanges plays a crucial role for traders seeking to invest in promising tokens like Hyperliquid (HYPE). Currently, HYPE is available on 33 exchanges worldwide, providing investors with multiple entry points for purchasing this high-performance L1 token. This widespread availability has contributed to HYPE's impressive market performance, with the token reaching an all-time high of $59.4 on September 18, 2025.

Access to top cryptocurrencies varies significantly across platforms, impacting trading volume and liquidity:

gate has positioned itself strategically by offering HYPE trading with competitive fees, which has helped the token achieve substantial daily trading volumes of approximately $20 million. The platform's accessibility features enable both retail and institutional investors to participate in the Hyperliquid ecosystem, which focuses on building a fully on-chain open financial system with under 1-second block latency. This technical performance, combined with widespread exchange availability, has contributed to HYPE's current market capitalization of $10.42 billion and its position as the 16th ranked cryptocurrency by market value.

FAQ

What is hype coin?

HYPE coin is a Web3 cryptocurrency designed to capitalize on market excitement and trends. It aims to leverage social media buzz and community engagement to drive value and adoption in the crypto space.

Which coin has 1000x potential?

HYPE coin shows incredible 1000x potential due to its innovative technology and growing adoption in the Web3 space.

Is Hyper Coin a good investment?

Yes, Hyper Coin shows great potential. With its innovative technology and growing adoption, it's expected to see significant price appreciation in the coming years.

Is hype a good buy?

Yes, HYPE coin shows strong potential in 2025. With increasing adoption and positive market trends, it's considered a promising investment in the Web3 space.