Aster jumps 10% on Hyperliquid optimism – Is $0.80 next?

Aster ($ASTER) continued its upward momentum, climbing more than 10% over 24 hours to reach around $0.65. The rally came as optimism grew around the potential for greater regulatory acceptance of decentralized perpetual futures exchanges.

The latest catalyst came after President Donald Trump said CFTC Chair Mike Selig was working toward bringing Hyperliquid into the U.S. market through a “fully compliant and legal” process. Since Aster competes directly with Hyperliquid, traders viewed the development as a potentially positive signal for the broader decentralized derivatives sector. Rising trading volume and funding rates further strengthened attention around the $0.67 and $0.80 price levels.

Could Hyperliquid’s U.S. Expansion Benefit Aster?

Trump’s remarks added to the positive sentiment already surrounding the crypto market. If Hyperliquid successfully establishes a compliant presence in the U.S., it could indicate a more supportive regulatory environment for decentralized derivatives platforms.

Aster, a perpetual futures DEX backed by Changpeng Zhao (CZ), could potentially gain from increased institutional interest, liquidity, and overall attention toward the sector. Zhao has also suggested that regulatory advantages provided to one platform should be accessible more broadly across the industry.

This creates an interesting market dynamic, with traders interpreting the regulatory progress of Aster’s competitor as a potential opportunity for $ASTER.

Rising Trading Volume Supports the Rally

Aster’s trading activity increased significantly alongside its price movement. Its 24-hour trading volume rose from approximately $55 million to $152 million, representing nearly three times the previous level. The surge suggests that the price increase was accompanied by stronger market participation rather than occurring on thin liquidity.

If elevated volume continues, $ASTER could have stronger momentum to test the $0.67 resistance level. However, traders will likely watch whether this activity remains consistent after the initial regulatory-driven excitement fades.

Is Aster Becoming Overheated?

Derivatives data also points toward growing bullish sentiment. Aster’s open-interest-weighted funding rate reached 0.0069%, indicating that long traders were paying short traders to maintain their positions. The positive funding rate reflects a moderate preference for bullish positions.

While this supports the current upward trend, a sharp increase in long positioning could create additional liquidation pressure if momentum reverses. Therefore, continued positive funding should be monitored alongside price and volume to determine whether the rally remains sustainable.

Can $ASTER Reach $0.80?

From a technical perspective, Aster rebounded from support near $0.60 and moved back above its 20-day, 50-day, and 100-day exponential moving averages. The token subsequently approached the 200-day EMA around $0.67, making this level an important technical barrier.

A strong close above $0.67, particularly with sustained trading volume, could strengthen the case for a move toward the $0.80 range high. Conversely, failure to break the resistance could send $ASTER back toward its recently reclaimed moving averages before another attempt at a breakout.

Hyperliquid’s potential U.S. expansion has provided a positive regulatory signal for decentralized derivatives. Whether Aster can convert that sector-wide optimism into sustained growth will depend on its ability to maintain trading activity, attract liquidity, and overcome key technical resistance levels.

Voice Of Osiz

Aster’s latest rally highlights how regulatory developments can influence sentiment across the decentralized derivatives market. The potential for Hyperliquid to enter the U.S. through a compliant framework could create broader opportunities for DEX platforms like Aster. Rising trading volume and positive funding rates indicate growing market participation and bullish positioning around $ASTER. From a Web3 perspective, this momentum shows the importance of regulatory readiness alongside strong product fundamentals. At Osiz Technologies, we help Web3 and crypto businesses strengthen their market presence with strategic blockchain and crypto solutions. As the decentralized derivatives sector evolves, platforms that prioritize compliance, scalability, liquidity, and user trust could be better positioned for sustainable growth. Aster’s performance will ultimately depend on whether it can turn the current market optimism into lasting adoption and ecosystem expansion.

Source: Cryptonews.net