Zcash Overtakes Hyperliquid in Market Cap Ranking
Zcash (ZEC)
Editor:
Eugene Serbin
u.today reports that Zcash (ZEC) is poised to overtake Hyperliquid (HYPE) as the ninth-largest cryptocurrency by market capitalization. As of 15 September 2026, ZEC trades at approximately $1,144, with a market cap of roughly $19.3 billion. Hyperliquid holds a slightly higher valuation of $19.87 billion, leaving a gap of about $570 million between the two assets.
ZEC would need to reach a price between $1,178 and $1,180 to surpass HYPE if capitalization remains constant. The privacy coin has risen from about $500 in August to a peak of $1,280 before consolidating above $1,000. Over the past seven days, ZEC increased by about 1.15 percent, while HYPE decreased by more than 6 percent.
Technical indicators show the RSI in the upper 50s, suggesting momentum has cooled from overbought territory. The immediate challenge lies around $1,160 to $1,200, with previous highs of $1,240–$1,280 coming back into focus. A break below $1,050–$1,080 could see a return to the $1,000 support level. Despite corrections, ZEC maintains a bullish structure above its major moving averages.
How the market reacted
Whalio's own Binance spot order flow for ZEC, measured when this story was written up on 15 September 2026. Not the outlet's figures.
Zcash is currently trading at $1,163.60, with a 1-hour buy ratio of 55.0% and a 4-hour buy ratio of 53.0%. These short-term figures are higher than the 24-hour buy ratio of 52.1%, indicating that buying pressure is building in the immediate term. The volume delta shows net inflows of +$711,648 over the last hour and +$1,278,808 over the last four hours. This positive volume delta means that buy volume is exceeding sell volume during these periods. Over the full 24-hour period, the volume delta is +$11,729,351, while the CVD at close is -$4,684,872. Net buying occurred for 13 out of 24 hours, with a total spot volume of $289,708,709 recorded.
The latest daily buy ratio of 52.9% sits at the 82nd percentile of the last 322 days, against a median of 50.2% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ZEC, averaged over the days leading up to the story.
The current 24-hour buy ratio of 52.1% is 2.0 percentage points higher than the 7-day average of 50.1%. This suggests that today is an unusually strong day for buyers compared to the recent weekly norm. Volume is currently at 0.97 times the weekly average, indicating near-normal trading activity levels. The price has changed by +2.1% over the last 8 days, with a total volume delta of +$12,269,556 for the period. Net buying was observed for 5 out of the 7 days in the preceding week.