{"id":11601,"date":"2025-09-24T08:00:12","date_gmt":"2025-09-24T08:00:12","guid":{"rendered":"https:\/\/bitunikey.com\/news\/aster-price-gains-another-20-as-it-surpasses-hyperliquid-in-24-hour-perps-volume\/"},"modified":"2025-09-24T08:00:17","modified_gmt":"2025-09-24T08:00:17","slug":"aster-price-gains-another-20-as-it-surpasses-hyperliquid-in-24-hour-perps-volume","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/aster-price-gains-another-20-as-it-surpasses-hyperliquid-in-24-hour-perps-volume\/","title":{"rendered":"Aster price gains another 20% as it surpasses Hyperliquid in 24-hour perps volume"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Aster price continues to surge as decentralized finance growth pushes perpertual trading volume past Hyperliquid.<\/p>\n<div id=\"cn-block-summary-block_1f18f1a54f5603641819acde64ea1ce1\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Aster surged 20% to $2.04, briefly touching a new all-time high before a slight pullback.<\/li>\n<li>The token surpassed Hyperliquid in 24-hour perpetual DEX volume with $21.89B traded.<\/li>\n<li>Rising derivatives activity, DeFi adoption, and CZ\u2019s endorsement continue to drive momentum.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The token has climbed 20% in the past 24 hours to trade at $2.04, briefly touching a new all-time high of $2.12 on Sept. 23 before easing back by about 3.8%. The surge lifted its market capitalization to $3.37 billion, with a fully diluted valuation of $16.29 billion.<\/p>\n<p>Aster\u2019s (ASTER) Trading volume reached $2.58 billion, up 32.6% from a day earlier, reflecting a sharp rise in market activity. According to CoinGlass <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/ASTER\/futures\" target=\"_blank\" rel=\"nofollow\">data<\/a>, open interest increased 28.28% to $1.11 billion, while derivatives volume increased 32.54% to $8.94 billion.<\/p>\n<p>Stronger conviction among traders is suggested by the combination of increased trading volume and open interest, which suggests fresh money entering the market rather than simple position reshuffling.<\/p>\n<h2 class=\"wp-block-heading\">Aster\u2019s DeFI momentum<\/h2>\n<p>On-chain activity has mirrored this growth. DefiLlama <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/protocol\/aster?tvl=false&amp;events=false&amp;fees=true\" target=\"_blank\" rel=\"nofollow\">data<\/a> shows Aster leading all perpetual DEXs with $21.89 billion in 24-hour trading, more than double Hyperliquid\u2019s (HYPE) $9.72 billion. Spot DEX trading reached $544 million.<\/p>\n<p>Fees collected hit $7.12 million in one day, showing deeper engagement across its ecosystem. The platform\u2019s total value locked has now crossed $1.79 billion.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The rally has been supported by a mix of fundamentals and speculation. On Sept. 17, former Binance CEO Changpeng Zhao publicly praised Aster\u2019s launch, which sparked a rush into its pre-swap APX token, convertible 1:1 to ASTER. The token surged 452% within 48 hours.\u00a0<\/p>\n<p>In addition, on Sept. 19, Binance launched ASTER perpetuals with 50x leverage, increasing liquidity and igniting rumors of a potential spot listing. This gave rise to further momentum. <\/p>\n<p>Confidence has been further strengthened by utility expansions like governance voting, staking discounts, cross-chain collateral, and a $50 million fee buyback program.<\/p>\n<h2 class=\"wp-block-heading\">Aster price technical analysis<\/h2>\n<p>ASTER is trading close to the upper Bollinger Band on the one-hour chart, indicating that buyers are still in control. The first resistance level is currently the recent high of $2.12, while the immediate support is $1.78. Another important area to keep an eye on is the Bollinger midline, which is at $1.96.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Aster 1-hour chart. Credit: crypto.news<\/figcaption><\/figure>\n<p>The relative strength index is close to 62, indicating bullish momentum that has not yet reached overbought levels. Overheating may be indicated by a push above 70, while a decline below 55 would weaken the trend. The breakout is supported by rising volume, which adds weight to the bullish scenario.<\/p>\n<p>The next upward targets for ASTER are between $2.20 and $2.30 if it stays above $1.96. If $2.12 is not broken, there may be a pullback, with downside risk of retracing towards $1.78.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Aster price continues to surge as decentralized finance growth pushes perpertual trading volume past Hyperliquid. Summary Aster surged 20% to $2.04, briefly touching a new all-time high before a slight&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5464,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-11601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=11601"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11601\/revisions"}],"predecessor-version":[{"id":11602,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/11601\/revisions\/11602"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/5464"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=11601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=11601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=11601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}