ASTER tokens bounced from current native lows of $1.50, recovering the $1.70 degree. The asset recovered after Binance’s Changpeng ‘CZ’ Zhao acknowledged he believed the value dip was a brief shaking of weak palms.
ASTER recovered to $1.70, following a neighborhood low of $1.50. The token regained its upward momentum, after Changpeng ‘CZ’ Zhao acknowledged he believed the newest crypto market downturn is the same old shaking out of weak palms.
Markets at all times attempt to shake out the weak palms. The inspiration/assist is extra stable with out them. 🤷♂️
— CZ 🔶 BNB (@cz_binance) October 1, 2025
The restoration arrived after ASTER briefly worn out 30% of its worth, diminishing its market cap by $1B inside hours. The value drop occurred proper after Zhao spoke throughout an X area at @Shillin_villian, outlining the dangers and alternatives of the Aster DEX.
ASTER dipped to native lows of $1.50, earlier than recovering the $1.70 vary. | Supply: CoinGecko.
ASTER fell prey to FUD on having a sniped provide, wash buying and selling, or different non-organic actions. Nonetheless, Zhao additionally expressed long-term assist for the undertaking, in its bid to problem Hyperliquid and turn into a number one perp DEX.
Is ASTER undervalued?
In line with the current X Areas moderator Alex, ASTER has an especially excessive mindshare, but it’s underperforming. The undertaking has proven to be worthwhile from its preliminary buying and selling days, simply difficult different perp DEX.
The quantity of mindshare aster has whereas the token worth is shifting slowly may be very peculiar
Somethings off… This token is gonna ship
Its too worthwhile and its too beneath priced
One thing is holding it again… cant put my finger on it… however dont get shaken out
— Alex (@ShiLLin_ViLLian) October 1, 2025
The Aster perp DEX continues to supply charges of over $15M per day, with over $25M as of September 28, an all-time peak. As Cryptopolitan reported earlier, Aster gained vital publicity from its charge technology.
The buying and selling of ASTER nonetheless relies on decentralized markets, that are extra chaotic. Retail buyers are additionally not at all times wanting on the long-term worth of the Aster undertaking.
ASTER additionally trades on the open market, not like HYPE, which began out by itself native platform. Presently, ASTER depends on Bybit, Gate, and MEXC, although the token expects main listings in October.
Can Aster problem Hyperliquid?
Hyperliquid nonetheless produces over $3M in each day charges, and continues to draw high-profile whales. For Aster, the preliminary progress in mindshare can’t translate into monitoring whale positions, because of the construction of the DEX and its darkish liquidity swimming pools.
For now, Aster nonetheless lags behind Hyperliquid, which carries over $12B in complete open curiosity, whereas Aster continues to be at round $1.5B in open curiosity.
Aster can be nonetheless counting on level farming, and provides no different companies besides perp DEX buying and selling. Hyperliquid’s ecosystem has already added tokens, in addition to NFTs, and retains its first-mover benefit.
The approaching weeks might change the ratio, if Aster continues its speedy progress. Presently, the brand new perp DEX benefit suggests ASTER is undervalued, primarily based on the charge manufacturing. Nonetheless, for now Aster merchants have logged comparatively smaller earnings when in comparison with high Hyperliquid whales. Regardless of this, whale dealer James Wynn switched to selling his Aster signup code, although nonetheless buying and selling on Hyperliquid.
Hyperliquid can be not giving up, as its token retains some energy. HYPE recovered to $45.61 following the newest downturn, anticipating an even bigger potential breakout. HYPE has additionally been challenged by different initiatives with an identical mannequin, although their tokens have diminished over time.
