Crypto Market Surges 7.78% Led by Hyperliquid's Expansion

The cryptocurrency market began July 2025 with a notable surge, as several top digital assets experienced significant gains. Hyperliquid ($HYPE) led the pack with a 7.78% increase this week, driven by its recent announcement of expanding cross-margin and permissionless market features. This development has caught the attention of traders seeking alternatives to dYdX and GMX, thanks to Hyperliquid’s reputation for low-latency, high-performance DEX infrastructure. The token's momentum is further supported by a growing user base and a 227.94% gain over the past three months, suggesting that HYPE could test new local highs above its June peak if trading volumes remain healthy.

Following closely was Sui ($SUI) with a 7.42% rise, likely driven by the recent launch of Sui Kiosk NFT protocols and growing TVL in DeFi. The blockchain continues to attract GameFi and NFT developers thanks to its scalable Move-based architecture. Despite a 7.61% dip in the past month, the 3-month trend for SUI is still positive at 31.97%. If bullish sentiment continues and ecosystem growth accelerates, SUI could revisit its April highs.

Pepe ($PEPE), the frog-themed memecoin, posted a 7.34% weekly gain, outperforming other meme tokens like DOGE and SHIB. Whales appear to be rotating back into meme tokens, and social media chatter and high speculation levels on major exchanges have helped boost its visibility. The RSI and chart show early reversal signals, and if PEPE breaks the 0.000013 mark, a 50% short-term rally could be in play, though volatility remains high.

Arbitrum ($ARB) gained 7.04% this week, despite broader L2 fatigue. Investor attention turned to its upcoming Orbit Chain integrations and renewed community incentives via the Arbitrum DAO. Transaction activity is up, and gas usage remains strong, confirming user growth. Although its year-to-date performance remains weak, a breakout above $1.00 could trigger momentum traders, warranting cautious optimism.

Hedera (HBAR) gained 6.70% on the week, likely buoyed by enterprise developments and strategic partnerships, including talk of new CBDC pilots on the Hedera network. Its unique Hashgraph consensus and council-based governance structure continue to appeal to institutional players. HBAR’s price action suggests consolidation with upside potential, and if it clears the $0.10 psychological barrier, a mid-term rally toward $0.13–$0.15 could be realistic.

The momentum in the cryptocurrency market is not limited to these top performers. Other projects, such as TOKEN6900, Snorter Token, and Bitcoin Hyper, have also garnered attention for their strong retail momentum. These projects, along with the top performers, are indicative of the broader trend of increasing interest and investment in the cryptocurrency space. The surge in these digital assets suggests a growing confidence among investors, who are increasingly looking to diversify their portfolios with alternative investments.

The rise of these cryptocurrencies can be attributed to several factors, including technological advancements, regulatory developments, and market sentiment. The increasing adoption of blockchain technology and the growing acceptance of cryptocurrencies as a legitimate asset class have contributed to the positive outlook. Additionally, the regulatory environment, while still evolving, has shown signs of becoming more favorable, which has boosted investor confidence.

The performance of these top cryptocurrencies also reflects the broader trend of alternative investments gaining traction. As traditional investment options face challenges, investors are turning to alternative assets like cryptocurrencies to add diversity and potential for higher returns to their portfolios. This shift is driven by the desire for higher yields and the recognition of the potential for significant growth in the cryptocurrency market.

The surge in the cryptocurrency market also underscores the importance of staying informed and adaptable in the ever-changing landscape of digital assets. Investors who are able to identify emerging trends and capitalize on them early are likely to see the most significant gains. The performance of Hyperliquid, Sui, Pepe, and Arbitrum this week serves as a reminder of the potential for rapid growth in the cryptocurrency market, as well as the need for vigilance and strategic decision-making.