HYPE – the native token of the decentralized crypto exchange Hyperliquid – has been on a tear lately, hitting a new all-time high even as most digital assets continue to struggle in the prolonged bear market.
It recently surpassed Dogecoin (DOGE) to become the 10th-biggest cryptocurrency, so we decided to ask three of the most popular AI-powered chatbots whether flipping Ripple’s XRP is also plausible sometime this year. Here are their answers.
Low Probability
Earlier this week, HYPE’s price soared to a historic peak of around $77, while its market cap pumped to approximately $16 billion. Despite the substantial increase, it remains far below XRP, whose capitalization currently stands at around $74 billion.
Given the huge gap, ChatGPT described the scenario in which HYPE surpasses its rival as a low probability. At the same time, OpenAI’s platform outlined several catalysts that could help the asset explode to such levels. Some of those include the rising popularity of Hyperliquid and its future expansion to the point where it becomes a Binance competitor, and backing from prominent industry figures.
Recall that Arthur Hayes (co-founder of BitMEX) was heavily invested in the token, yet he recently sold all his positions. Shortly after, the blockchain-tracking platform Lookonchain suggested he might have spent over $2 million to buy back nearly 34,000 HYPE. However, Hayes rejected the claim.
According to ChatGPT, another factor that may have a positive influence is the institutional interest in the coin. Data show that inflows into spot HYPE ETFs have exceeded outflows recently, with cumulative net inflows of approximately $180 million. Still, this figure is far below the $1.44 billion that exchange-traded funds with XRP as the underlying token have attracted since their launch in late 2025.
Perplexity shared a similar theory, saying that such a rise by HYPE is only possible in “a narrow sense.” It noted that, in addition to its market-cap lead, XRP has a vast and devoted community, which could make a potential flip even harder.
“In 2026, HYPE can plausibly flip XRP on price momentum, narrative strength, or even short-term market cap at times, but XRP has a much larger base to overtake, so a full sustained flip is less likely without a major rotation in capital,” it added.
‘A Massive Uphill Battle’
Google’s Gemini was even less optimistic, claiming that the biggest hurdle for HYPE isn’t its utility but pure math. It praised XRP for being “a highly liquid, large-cap legacy asset,” whose market cap hovers in the tens of billions of dollars even during market corrections, “sustained by deep institutional plumbing and international remittance use cases.”
“For HYPE to flip XRP, it would need to see an astronomical influx of capital, multi-billion-dollar daily trading volumes, and massive speculative retail FOMO – all while XRP would have to severely stagnate or decline,” it concluded.
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