As a matter of fact, only the frequency and the capacity matter. Speed matters to passengers but not to the amount of people you can move.
The hyperloop as proposed actually has fairly low throughput; conventional rail systems, particularly of inter-metro variety where high throughput is most important, best it easily. 28 passengers per capsule at a capsule every 30 seconds makes 3360 pph during rush hours. RER line A averages 30000 passengers per hour over the entire year, with rush hour capacity being much higher.
Why is speed relevant?
(People/Car)*(Car/Hour) = (People/Hour) = Throughput
At a constant frequency and higher speeds, you will simply have less trains on the track at the same time.
A bigger factor in practical capacity is loading and offloading people and switching near termini.
So yes, you could make the rail lighter, but in order to match the proposed passenger throughput, it would have to go 700mph. Good luck with that.