Crypto: Aster is backing down, but his shot indicators remain bruise
Summarize this article with:

Aster, the new actor of perpetual trading, is experiencing a slight lull after a spectacular flight. Behind this withdrawal, the figures explode: record volumes, rising fresh and increasing domination over its hyperliquid rival. The fundamentals are constantly heating up.

Trader shocked in front of a screen displaying a brutal fall followed by an orange flambé from an Aster token.

In short

  • ASTER decreases slightly after a peak at $ 2.27, but its on-chain and volume indicators reach record levels.
  • The platform of perpetual future, supported by Changpeng Zhao, generated more than $ 571 billion in weekly volume, hyperliquid eclipses.
  • Despite the correction, the technical signals confirm a bullish momentum and a possible return to the highest historical.

Facade lulls against a dazzling expansion background

Aster has slightly bent at $ 2, when in September, he hit a weekly summit at $ 2.27. This technical withdrawal, however, masks an explosion of activity rarely observed in the crypto sphere.

The platform of future supported by Changpeng Zhao reaches 571 billion, far exceeding Hyperliquid, limited to 49 billion. Protocol costs reached 109 million, TVL climbed to 2.3 billion: ASTER explodes in deffi.

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Aster exceeds Hyperliquid and stands out as a market leader

The data compiled by DEFI LLAMA illustrate almost unreal growth. In the space of a month, Aster increased from 270 billion to $ 571 billion in weekly volume, an increase of more than 100 % in two weeks.

Over the past thirty days, the network has treated $ 758 billion, crushing competition. Hyperliquid, long considered a reference, saw its activity drastically drop, as is its income, fell under 20 million dollars.

This shift in the balance of power confirms a structural tilting: Aster is no longer an outsider. The indirect support of CZ and its ultra-fast trading mechanics today make it the new epicenter of the decentralized perpetual market.

Technical signals point to an imminent recovery

Graphically, ASTER has bounced from its hollow of October 1 at $ 1.50, crossing the major resistance of $ 1.97. Consequently, the token now evolves above its exponential mobile average at 50 periods, a sign of an intact bull momentum.

The technical indicators suggest a pursuit of the rally. If the course returns to the highest $ 2.27, the next target is around $ 2.42, its highest historic.

Despite the current breathing, the market shows signs of healthy consolidation, supported by a robust on-chain activity and organic growth in volumes. Aster, more than a simple fashion effect, stands out as the new stallion of decentralized trading in the emerging cryptocurrency.

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