Top 20 Trending Coins for Late May, According to CoinGecko
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 has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
