The upcoming SpaceX IPO is generating significant excitement across both traditional markets and crypto. While SpaceX has no direct connection to any cryptocurrency, some investors are turning their attention to crypto sectors linked to innovation, AI, and next-generation financial infrastructure that could benefit from renewed market optimism.
In a recent market analysis, Altcoin Daily highlighted three cryptocurrencies, Hyperliquid, Bittensor, and Ethereum, as projects worth watching as anticipation around the SpaceX IPO continues to build.
Hyperliquid (HYPE): Leading the 24/7 Trading Revolution
Hyperliquid has become one of the fastest-growing projects in crypto this cycle. The decentralized perpetual futures exchange recently crossed $3 billion in open interest and continues to set new growth records.
RWA open interest on Hyperliquid reached a new ATH of $3B
HIP-3 has set a new OI record every month since its launch in October 2025 pic.twitter.com/a89wZZjyQg
— Hyperliquid (@HyperliquidX) June 2, 2026
The project gained additional attention after U.S. regulators approved the first regulated perpetual futures contracts, highlighting growing demand for around-the-clock trading. Hyperliquid already operates in a 24/7 market environment, giving it a head start as traditional finance moves in that direction.
Institutional interest is also growing. Coinbase recently became the official deployer of Hyperliquid’s USDC treasury wallet, reinforcing confidence in the platform.
Bittensor (TAO): Riding the AI Boom
Artificial intelligence remains one of the strongest investment themes globally, and Bittensor is emerging as one of crypto’s biggest AI-focused projects.
Unlike centralized AI companies, Bittensor allows users to participate directly in a decentralized AI network. Developers continue building applications on the platform, while several subnets are already handling meaningful real-world demand.
According to Jacob Robert Steeves, co-founder of Bittensor, “everyone can own Bittensor, build on it, and see how it works. It’s transparent in a way centralized AI platforms are not.”
As investors search for AI exposure beyond private companies like OpenAI, many see TAO as one of the strongest decentralized alternatives in the sector.
Ethereum (ETH): A Contrarian Play
Ethereum may not be attracting the same excitement as AI or trading-focused projects, but some investors see opportunity in its recent weakness.
More than 32.3% of Ethereum’s total supply is now staked, marking a new all-time high. At the same time, the data below shows that only a small portion of ETH holders are sitting on large profits, a level not seen since 2017.
Moreover, ETH could also benefit from regulatory developments. More than 200 crypto companies are backing the CLARITY Act, legislation that could bring greater certainty to the broader digital asset market.
For investors positioning ahead of a potential market recovery, HYPE, TAO, and ETH are emerging as three closely watched names as SpaceX IPO excitement continues to build.
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