Skip to the guide
BTCETHMarket cap (coins we track)BTC dominance (coins we track)

Solana vs Hyperliquid

CryptoKeyhole compares Solana and Hyperliquid on its own daily closes: over the past year Solana fell 45.2% and Hyperliquid rose 85.5%; Solana's daily moves were the calmer (annualised volatility 62% against 89%); their daily moves tracked each other loosely (correlation 0.52).

The past year, from the same start

SOL HYPEDaily closes from 9 Nov 2025 to 8 Nov 2026 (UTC), each rebased to 100.

Side by side

Price, size and supply, then returns, volatility and the deepest fall, each on the coin’s own daily closes.

SolanaHyperliquidNote
Price$86.54$74.47hourly close, 00:00 UTC
Market cap$51.15 billion$22.48 billionprice × circulating supply
Fully diluted value$55.15 billion$74.47 billionprice × maximum (or total) supply
Circulating supply591.1 million SOL301.8 million HYPE
Maximum supplyNone fixed1.000 billion HYPE
All-time high$261.97 18 Jan 2025$97.23 22 Sep 2026daily close
From the all-time high−67.0%−23.4%
Return, 7 days−8.5%−15.2%
Return, 30 days−20.7%−11.5%
Return, 90 days+13.9%+35.3%
Return, 1 year−45.2%+85.5%
Return, 3 years+91.1%Too short
Volatility, 1 year62%89%annualised, daily log returns
Deepest fall from a peak, 1 year−62.8%−49.8%daily closes

How they move together

Whether one coin’s good and bad days are the other’s too, measured on the days both have a close.

Correlation, 1 year
0.521 moves in lockstep, 0 unrelated, −1 opposite; daily log returns
Correlation, 90 days
0.63the same over the last 90 days
Beta of HYPE to SOL
0.74a 1% move in SOL came with 0.74% in HYPE on average, 1 year

If Hyperliquid had Solana's market cap

$169.49 per HYPE, 2.28x today's price

Solana's market cap of $51.15 billion divided by Hyperliquid's circulating supply of 301.8 million HYPE. A thought experiment, not a forecast: supply and demand would not stay the same.

Compare with more coinsAdd up to five coins, pick the period, and see drawdowns and the correlation of every pair.

Questions

Which has done better over the past year, Solana or Hyperliquid?

Hyperliquid: +85.5% against −45.2% for Solana, on daily closes to 8 Nov 2026.

Is Hyperliquid more volatile than Solana?

Hyperliquid's annualised volatility over the past year was 89%, against 62% for Solana.

Do Solana and Hyperliquid move together?

Their daily returns had a correlation of 0.52 over the past year and 0.63 over the last 90 days. A correlation near 1 means they mostly rise and fall on the same days; near 0 means their moves are unrelated.

How much bigger is Solana than Hyperliquid?

Solana's market cap of $51.15 billion is 2.28x Hyperliquid's $22.48 billion.

Where do these figures come from?

From CryptoKeyhole’s own US dollar price indexes of public exchange markets (daily closes at 00:00 UTC) and the supply our nodes count or, for coins whose chain we do not run, the project’s own published supply. Returns use each coin’s own closes; volatility, falls and correlation use the days both coins have a close.

Daily statistics as of the latest closed UTC day; prices are hourly closes. Last update 9 Nov 2026, 00:00 UTC.