Aster surges 2000% in 7 days, has the real reason for its trading volume surpassing Hyperliquid been found?

The cryptocurrency market sees a dark horse again! The native token ASTER of the decentralized derivatives trading platform Aster has skyrocketed over 2000% in just 7 days since its listing, with a market capitalization exceeding $3.8 billion, and a Fully Diluted Valuation (FDV) reaching an astonishing $18 billion. This explosive rise has not only driven investors crazy but has also made Aster the new darling in the derivatives trading field, directly challenging the market dominance of Hyperliquid.

####From obscurity to top 40 in market capitalization: Aster's lightning rise

(Source: CoinMarketCap)

Although the Aster exchange has been operating for over a year, the real breakout point occurred after the launch of the ASTER Token on September 17. Within just a week, this once-obscure project has entered the top ranks of the Crypto Assets market capitalization, ranking 35th on CoinMarketCap and 47th on CoinGecko.

"This rate of rise is extremely rare in a mature crypto market," said cryptocurrency analyst Sarah Chen. "Typically, such drastic increases only occur with new projects that have a very small initial market capitalization, whereas Aster is already a mature exchange."

Today, the price of ASTER has risen nearly 20% again, with a trading price of about 2.30 USD. Even more impressive is that, according to DefiLlama's data, in just the past 24 hours, Aster's trading volume and turnover have surpassed Hyperliquid, with a trading volume reaching 534 million USD and a turnover exceeding 7 million USD.

####Advantages of Multi-Chain Strategy and CEX Ecosystem

One of the main features of the Aster platform is its multi-chain operational strategy, providing services across various blockchains such as Ethereum and Solana, while primarily being built on the CEX public blockchain. This multi-chain approach allows it to attract users from different blockchain ecosystems while fully leveraging the high efficiency and low cost advantages of the CEX public blockchain.

"Choosing to base Aster on a CEX public chain is a strategic decision," explained blockchain consultant Michael Wong. "CEX public chains have a large user base and a mature ecosystem, while the trading costs are much lower than Ethereum, which is crucial for a derivatives trading platform that requires frequent transactions."

####Technical indicators show strong upward momentum

From a technical analysis perspective, the ASTER Token demonstrates rare strong upward momentum. Key technical indicators include:

Relative Strength Index (RSI): Currently at 65, indicating strong buying pressure, with room for further rise before entering the "overbought" zone above 70.

Average Directional Index (ADX): Reached 34, confirming that the rising trend has been solidified.

Squeeze Momentum Indicator: In a "close" state, indicating that price volatility has erupted, and the current trend may continue in the short term.

"These technical indicators collectively point to a strong rising trend," said senior trading analyst Robert Lee. "Although the reliability of the technical indicators is limited due to the short listing time of ASTER, all signals currently point to the possibility of further increases."

However, Lee also warned investors to remain cautious: "Such a dramatic short-term rise is usually accompanied by an equally dramatic correction, especially when market sentiment begins to cool down."

####Market Prediction: Can ASTER Reach 4 USD?

On the prediction platform Myriad, users hold an optimistic view of ASTER's prospects. Currently, 87% of users predict that ASTER will maintain its position in the top 40 on CoinMarketCap this weekend—this figure has significantly increased from 35% a few days ago, reflecting a rapid rise in market confidence.

What is even more striking is that about 40% of users predict that the value of ASTER will continue to double, reaching 4 dollars per Token before November. If this prediction comes true, Aster's market capitalization will soar to 7 billion dollars, nearing the scale of the world's top 30 Crypto Assets.

"This market expectation reflects investors' strong confidence in the Aster ecosystem," noted cryptocurrency market researcher Jennifer Zhang. "However, to achieve this goal, Aster needs to continuously expand its user base and increase trading volume while avoiding any security or regulatory issues."

####CEX founder's strong endorsement: 10 tweets of support daily

Behind Aster's explosive rise is the strong support from the founders of large CEXs. It has been observed that he shares up to 10 tweets about Aster daily on X (formerly Twitter), and this "full-force" promotion has brought tremendous exposure and trust to the project.

"The endorsement of a CEX founder is invaluable for any crypto project," said social media analyst David Wang. "He has millions of loyal fans, many of whom follow his investment advice. When he promotes a project so frequently, the market response is usually very strong."

However, some analysts have expressed concerns about such intensive promotion. "Such a high frequency of promotion may attract the attention of regulatory authorities, especially in jurisdictions like the United States that have a strict attitude towards marketing by crypto influencers," warned crypto legal expert Lisa Chen.

####User Incentive Program: Key Factors for Success

Apart from celebrity endorsements, Aster's success is largely attributed to its innovative user incentive program. The platform has provided generous token airdrops to early users and has promised to offer more rewards in the future, while also launching a plan to use trading fee revenues for token buybacks.

Recently, Aster announced that the "Position Time Score" Rh points will be increased to five times the original, aimed at rewarding long-term holders. This strategic adjustment further optimizes its airdrop mechanism, attracting more genuine traders rather than short-term arbitrageurs.

"The incentive mechanism of Aster is very cleverly designed," explained DeFi researcher Mark Johnson. "It not only rewards trading volume but also rewards holding time and platform loyalty, which helps to build a more stable and sustainable user base."

####Market Outlook: Can Aster Maintain Its Lead?

Although Aster's short-term performance is impressive, it still faces many challenges for long-term success. The derivatives trading platform sector is highly competitive, with established players like Hyperliquid, dYdX, and GMX having solid market positions.

"Aster needs to prove that its rise is not just the result of short-term speculation," said crypto investment advisor Robert Chen. "The real challenge lies in establishing a sustainable competitive advantage, whether in terms of technological innovation, user experience, or liquidity."

Aster recently announced that it is developing its own Layer-1 blockchain, Aster Chain, which could be key to its long-term competitiveness. The chain will use zero-knowledge proof (ZKP) technology for transaction verification, maintaining on-chain verifiability while protecting user privacy.

"If Aster Chain successfully realizes its technical vision, it may redefine the standards of decentralized derivatives trading," predicted blockchain technology expert Michael Chen, "especially against the backdrop of institutional investors increasingly focusing on trading privacy, this innovation could become an important differentiating factor."

####Investor Advice: Opportunities and Risks Coexist

In the face of the amazing rise of ASTER, how should investors respond? Experts provide the following advice:

Stay rational: extreme price increases are usually accompanied by high volatility, and it is important to fully understand the project's fundamentals before investing.

Diversified investment: Even if you are optimistic about ASTER, you should not concentrate all your funds on a single asset.

Focus on technological development: The progress of Aster Chain will be a key indicator for assessing long-term value.

Beware of market sentiment: When social media buzz reaches its peak, it is usually a good time to be cautious.

Setting stop-loss: Considering the high volatility, it is crucial to set a reasonable stop-loss level.

"The crypto market is difficult to predict, especially for emerging assets like ASTER," summarized senior trader Sarah Johnson, "but with its current momentum, community enthusiasm, and strong technical roadmap, Aster does show potential to become a leader in the industry."

As the Aster ecosystem continues to develop, the market will closely watch whether it can transform short-term popularity into long-term success. Regardless of the outcome, Aster's rise has already become one of the most compelling stories in the crypto market for 2025.