But after this week’s price action and on-chain data, calling this a debate feels forced.
Let’s break it down properly 👇
👉 On the charts, the difference is brutal.
$HYPE printed a clean bounce from higher-timeframe support, respected its structure, and reclaimed key levels decisively.
Weekly downtrend pressure eased, buyers stepped in with intent, and price followed through.
$ASTER, on the other hand, is still stuck inside a weekly downtrend that’s been intact since Q3.
No meaningful reversal. No reclaim. Just lower highs and weak responses to market relief. Even this week’s bounce looked reactive, not constructive.
When one asset is reclaiming levels and the other is failing at trend resistance, that’s not “early”. That’s separation.
👉 The bigger story is under the hood. Hyperliquid’s move was driven by real usage.
Commodity perps alone pushed over $1.5B in daily volume, total daily volume crossed $2B, and open interest climbed toward $850M. That’s traders voting with size, not farming rewards.
Aster’s earlier surge came from incentives, airdrops, and aggressive expansion.
That worked… until it didn’t. As incentives cooled, volumes cooled with them. Buybacks increased, but price didn’t respond the same way.
Hyperliquid’s model is simpler and harder to fake.
> Single chain. > Transparent order books. > Fees flowing back into buybacks.
Organic growth after its airdrop, not because of it.
Could this change? Sure.
But only if CZ personally shifts the game again and whether through deeper integration, regulatory clarity, or something that fundamentally alters Aster’s perception.
Until then, price action, volume, and unit economics are aligned on one side.#BitcoinETFWatch
$ASTER this shit never ever pump at all Dip of the dippidity every day if it pump it pumps little to trap buyer and it dip more and more what a worst coin ive seen so far every time CZ bull post aster its dumping
Watching others lose a million and feeling nothing, then looking at my own loss of less than twenty thousand. Teachers, should I take some time to observe. $ASTER {future}(ASTERUSDT)