Particle.news

Download on the App Store

CZ Endorsement Propels Aster’s Breakout as New Rival to Hyperliquid

Arkham data shows Aster as a top BSC‑USDT holder after Binance’s hot wallet.

Overview

  • Aster’s token posted gains reported between roughly 800% and 1,600% this week, with trackers showing the price above $1 and a peak market capitalization near $1.6 billion.
  • DeFiLlama and platform disclosures cited about $1.4–$1.5 billion in 24‑hour trading, TVL approaching $1 billion within days, and rapid onboarding that included hundreds of thousands of new wallets and up to roughly 2 million users reported.
  • Following CZ’s posts, Aster secured quick listings on Binance Alpha and Futures as well as MEXC, Gate.io, and HTX, expanding access and liquidity.
  • Arkham Intelligence identified an Aster wallet holding about $131 million in BSC‑USDT, second only to Binance’s roughly $236 million hot wallet balance.
  • Coverage frames Aster as a challenger to Hyperliquid, yet HYPE’s scale remains larger with market cap estimates near $19 billion and higher trading volumes despite Aster’s momentum and features like hidden orders and multi‑chain support.