Asterp prize continues to rise as decentralized financial growth squeezers pushes past hyperliquid.
Summary
- Aster rose by 20% to $ 2.04 and briefly touched a new of all time for a slight withdrawal.
- The token surpassed hyperliquid in 24-hour perpetual DEX volume by $ 21.89 billion.
- Rising derivative activity, Defi -acceptance and the approval of CZ continue to stimulate.
The token has risen 20% in the last 24 hours to act at $ 2.04, which briefly touches a new highest point of $ 2.12 on 23 September before he returned by around 3.8%. The increase increased its market capitalization to $ 3.37 billion, with a completely diluted appreciation of $ 16.29 billion.
Aster (Aster) trade volume reached $ 2.58 billion, an increase of 32.6% compared to a day earlier, which reflects a sharp increase in market activity. According to Coinglass factsOpen interest rose by 28.28% to $ 1.11 billion, while the derivative volume rose by 32.54% to $ 8.94 billion.
Stronger conviction among traders is suggested by the combination of an increased trading volume and open interest, which suggests that new money enters the market instead of a simple recasting of the position.
Aster’s Defi Momentum
Activity on the chain has reflected this growth. Defillama facts shows Aster who leads all perpetual DEXs with $ 21.89 billion in 24-hour trade, more than double hyperliquid’s (hype) $ 9.72 billion. Spot Dex Trading reached $ 544 million.
The collected reimbursements reached $ 7.12 million in one day and showed deeper involvement in his ecosystem. The total value of the platform has now been crossed $ 1.79 billion.
The rally is supported by a mix of Fundamentals and Speculation. On September 17, the former Binance CEO Changpeng Zhao publicly praised the launch of Aster, who led an almost in his pre-swap APX token, convertible 1: 1 to Aster. The token rose by 452%within 48 hours.
In addition, on September 19, Binance launched Aster -Perpetuals with 50x leverage, increased the increase in liquidity and the ignition of rumors about a potential spot list. This gave rise to further momentum.
Trust has been further strengthened by extensions of utilities such as voting governance, using discounts, cross-chain collateral and a $ 50 million recovery program.
Technical analysis of the Asterprijs
Aster exchanges close to the upper Bollinger band on the one-hour graph, indicating that buyers still have control. The first level of resistance is currently the recent high point of $ 2.12, while the immediate support is $ 1.78. Another important area to keep an eye on is the Bollinger -Middelijn, which is $ 1.96.
The relative strength index is almost 62, which indicates bullish momentum that has not yet reached overbought levels. Overheating can be indicated by a push above 70, while a fall below 55 would weaken the trend. The breakout is supported by increasing volume, which adds weight to the bullish scenario.
The following upward goals for Aster are between $ 2.20 and $ 2.30 if it remains above $ 1.96. If $ 2.12 is not broken, there may be a withdrawal, with a disadvantage of withdrawing to $ 1.78.
