The cryptocurrency market continues to evolve rapidly, with new projects gaining traction alongside established giants. I
In its latest report covering the week of May 24–30, CoinGecko has revealed the top 20 trending coins, highlighting a mix of emerging ecosystems and dominant blockchain platforms.
Hyperliquid Tops the Chart
Hyperliquid (HYPE) claimed the top spot on CoinGecko’s trending list, boasting a market cap of $10.8 billion. The decentralized derivatives exchange has seen rising interest as traders seek faster, non-custodial trading environments with low latency and deep liquidity.
Sophon and Sui Round Out the Top Three
In second place is Sophon (SOPH), a next-generation AI-integrated blockchain protocol that has rapidly gained attention, now sitting at a market cap of $108.1 million. Its novel use cases and active development pipeline have positioned it as a strong speculative play.
Sui (SUI), backed by Move programming language and developed by ex-Meta engineers, secured the third spot. With a market cap of $11.7 billion, Sui continues to attract developers building DeFi, NFT, and gaming applications, contributing to its upward momentum.
Established Giants Hold Ground
Despite newer projects trending, major assets remain prominently featured:
Ethereum (ETH) ranked 7th with a market cap of $318.2B.
Bitcoin (BTC) came in at 9th with an impressive $2.1 trillion market cap.
Toncoin (TON) ranked 10th with $8.2 billion in valuation.
Other Trending Tokens
Several lesser-known projects also made the list:
Notcoin (NOT) — #8, $257.7M market cap
WalletConnect Token — #6, $249M market cap
Maple Finance, Cookie DAO, and Sonic (previously Fantom) also appeared, showcasing a resurgence of interest in decentralized finance infrastructure and community-driven ecosystems.
The presence of tokens like Pepe (PEPE) and SPX6900 further reflects the ongoing appetite for memecoins and high-risk, high-reward assets.
The Broader Takeaway
CoinGecko’s trending coins list underlines the bifurcated nature of today’s crypto market: while Bitcoin and Ethereum maintain dominance, smaller-cap tokens with innovative narratives or strong community backing are gaining meaningful attention. Whether driven by utility, speculation, or hype, these trends offer a snapshot of investor sentiment and potential market rotation ahead.
📊 Full list and market highlights available at: coingecko.com/en/highlights
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/top-20-trending-coins-for-late-may-according-to-coingecko/