Cardano has dropped out of the top 10 cryptocurrencies by market capitalization, overtaken by Hyperliquid. Hyperliquid's token, HYPE, surged 21.22% over the past week to $43, while Cardano's ADA rose 16% to $0.29. This shift places Hyperliquid as the tenth-largest cryptocurrency with a market cap of $10.58 billion, surpassing Cardano's $9.85 billion. The broader crypto market showed signs of recovery, with major assets like Bitcoin and Ethereum posting gains. However, Hyperliquid outpaced the market, climbing from $36 to a high of $43.66 before settling at $41.17. Meanwhile, Cardano's ADA retraced to $0.2730, resulting in a 5.35% weekly gain compared to Hyperliquid's 14.36%. Cardano now faces pressure from Bitcoin Cash, which ranks 12th with a $9.14 billion market cap. A further increase in Bitcoin Cash's valuation could push Cardano down another spot. Despite the setback, Cardano's development team plans to launch Midnight on mainnet and Ouroboros Leios later this year, aiming to boost its ecosystem and regain market share.