Aster, the main competitor to Hyperliquid, has become one of the most talked-about tokens in the decentralized perpetual exchange (DEX) space, particularly amid 2025’s so-called “DEX war.”
Crypto analyst Michael van de Poppe has highlighted the token’s current trading zone, noting that the token has entered a make-or-break phase that could determine its short-term trajectory.
Launched only a few weeks ago, ASTER has already seen a meteoric rise of more than 2500%, catching the attention of retail traders. Following praise from Binance founder CZ on X, the token quickly hit an all-time high of $2.31.
Trading volumes are now competing with top perpetual DEXs, Aster’s debut looks like a breakout success story. Aster is just $3 million away from overtaking Tether in daily fee revenue.
If this happens, it would mark another major milestone for the young project.
Looking at Aster’s current trading zone, Van de Poppe noted that ASTER has repeatedly bounced from the same support area, earlier delivering gains of 15% and 35%.
The analyst highlighted the $2 level as crucial, it separates consolidation from potential expansion.
A confirmed breakout above this mark could push ASTER to new all-time highs, while a drop below the current support might pull it down toward $1.25, where buyers could step in again.
Adding more bullishness to the analysis, popular trader BitcoinHabebe, says ASTER is ideal for buying between $1.60 and $1.80. This range is called accumulation, where buyers slowly build positions before a price rise.
ASTER is showing these signs, and if momentum continues, the next target could be $3 or higher.
As of now, the Aster price is trading around $1.79, reflecting a slight drop seen in the last 24 hours.
An early whale who bought 5.07 million HYPE tokens nine months ago at $16.23 per…
Analysts have been running numbers on the Dogecoin price, and one scenario is nothing short…
The clock is ticking toward October 1, and the odds of a US government shutdown…
Chainlink, the industry-standard Oracle platform, is making it easier for banks and financial institutions to…
Chainlink, UBS, and SWIFT have created a new solution that lets banks manage tokenized fund…
The market is buzzing as major names show fresh momentum. Bitget Token (BGB) ripped past…