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news1d ago

PENGU, ONDO, HYPE, and ZEC are Currently Trending

Pudgy Penguins, Ondo Finance, Hyperliquid, and Zcash are dominating CoinGecko's trending list, with HYPE leading the pack on strong weekly gains driven by institutional catalysts and new platform features.

PENGU, ONDO, HYPE, and ZEC are Currently Trending

Four Tokens Dominating CoinGecko's Trending List

Four tokens are drawing trader attention on CoinGecko's trending page: @pudgypenguins $PENGU, @OndoFinance $ONDO, @HyperliquidX $HYPE, and @Zcash $ZEC. Each has posted positive 24-hour returns, though their weekly trajectories tell different stories.

$PENGU is up 3.6% over the past 24 hours but remains down 12% on the week. With a circulating supply of 63 billion tokens, Pudgy Penguins carries a market cap of around $539 million. The project has been expanding its ecosystem, with PENGU now tradeable across Solana and BNB Chain via a unified interface, and a free-to-play browser game, Pudgy World, having launched in March 2026.

$ONDO has climbed 6% in the past 24 hours but is down 11% on a weekly basis. The token has drawn renewed attention from the broader real-world asset narrative. Real-world asset protocols recently outpaced the broader market following news of an SEC-proposed exemption, with ONDO jumping as institutional interest in tokenization continues growing.

HYPE Leads on Weekly Gains, ZEC Posts Modest Move

$HYPE is the standout performer of the group, up 6.7% in 24 hours and a strong 18% over seven days. The rally follows Trade.xyz launching the first pre-IPO perpetual market on the platform, offering synthetic exposure to SpaceX. Institutional tailwinds have also played a role. Bitwise Asset Management announced it will allocate 10% of management fees from its Bitwise Hyperliquid ETF to purchasing HYPE tokens, with the fund launching on the NYSE on May 15. Hyperliquid currently dominates around 70% of on-chain perpetual futures volume.

$ZEC rose 5.7% in the past 24 hours with a relatively modest 0.6% gain over the week, making it the most range-bound of the four. On-chain whale activity has also been noted in ZEC this week, with large buyers flagged alongside ETH and HYPE.

Other assets on traders' watchlists include $RON, $ZEST, and $ZANO.

Sources:
CoinGecko Trending Cryptocurrencies
Coinbase: Hyperliquid (HYPE) Price and News
CoinGecko: Pudgy Penguins (PENGU)

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UC Hope profile photoUC Hope

UC holds a bachelor’s degree in Physics and has been a crypto researcher since 2020. UC was a professional writer before entering the cryptocurrency industry, but was drawn to blockchain technology by its high potential. UC has written for the likes of Cryptopolitan, as well as BSCN. He has a wide area of expertise, covering centralized and decentralized finance, as well as altcoins.

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