Can Aster Get Back To $1?

It’s been quite the rollercoaster for those who have been waxing lyrical about Aster since its token launch in 2025. After hitting an all-time high of $2.42 in September 2025, the project has slowly dwindled amid competition, and at the time of writing, the Aster token is trading in the mid-60-cent region.

Now, this is not a good luck for those who said it was a "Hyperliquid killer" six months ago. The price has taken an enormous hit, and the trading activity it has seen over the last few months has been nothing short of drab. It’s been a monotonous, almost horizontal line, with the price being squeezed between support lines.

Today, we’re going to examine whether Aster has what it takes to return to the $1 range, or whether it is a coin that peaked early and is on a long-term downward trajectory.

Handling the competition

A significant part of Aster’s price action has been driven by Changpeng Zhao's backing. The Binance founder, the richest person in the cryptocurrency industry, has made no secret of his pick for top DEX: Aster, and that he has invested millions of his own dollars into the project.

This was when positive sentiment was at fever pitch; Aster was handling a larger volume than Hyperliquid, and this was reflected in the token price, which was often in the $1.50 to $2.00 range.

Once the initial hysteria died down, many perps' traders, especially whales, shifted their focus back toward Hyperliquid, which has established itself as the gold standard in perps DEX trading. It’s a juggernaut of a project that has since moved into oil, commodities, gold, and prediction markets, adding an entirely new dimension to the concept of crypto gambling.

If we’re talking about more established routes of crypto gambling, then casino gaming still reigns supreme. Playing at a real online casino like Cafe Casino mirrors many of the conventional platforms that have been in the digital market for over a quarter of a century. It’s helped lay the foundations for prediction markets, but the bread and butter still revolve around classic online casino games.

Positive factors to weigh up

If you look at Hyperliquid and Aster through an unbiased lens, it appears there is only one winner. Although Hyperliquid quickly emerged as the gold standard following its remarkable token launch in November 2024, which airdropped billions of dollars' worth of its token ($12 billion at current prices of around $40 per token, to be precise), Aster did steal back some of this narrative in late 2025.

However, the pendulum has once again swung, with Hyperliquid’s oil trading market alone handling more than triple the entire OI of Aster combined. It’s a damning metric. The key thing to understand here is that Aster still has three positive factors in its favor: higher maximum leverage across many assets, AMMs with hidden order features, and CZ’s investment as a long-term one rather than a short-term scalp.

We’ve seen how many companies market themselves on social media, often interlocking their channels across multiple prominent feeds and using them as a source of news to generate engagement, as you can see in the link below. When used correctly, it can have a significant positive impact on project pricing, particularly in the crypto space.

Ultimately, all it takes to send Aster back to $1 is a few positive tweets from CZ and a collective positive sentiment that encourages people to invest in and trade it. It’s never going to be Hyperliquid, but that doesn’t mean there isn’t room for competition.

With higher leverage and hidden order books sometimes the preference of the biggest whales in the space, it’s not impossible that Aster could go back to $1 and beyond – if all these things go in their favor, and the broader market sentiment becomes more positive.

Final thoughts

There is room for some competition, but with recent valuations putting Hyperliquid in the $7.7 billion range, and likely to climb to eleven-figure territory between now and the end of the decade, it is a tough task for Aster to get to a stage whereby they are outperforming Hyperliquid’s OI metrics, even over a 24 hour period like they did back in late 2025.

Although the market dynamics were stronger then, BTC was rebounding, general sentiment was good, and there wasn’t the geopolitical shift we have seen since March 2026 which has spooked the markets.

So long as Changpeng continues to hold his Aster, add to it during dips, and encourage a strong social media sentiment, then there’s no reason that Aster won’t be able to regain that $1 price.

However, another all-time high is another question entirely, and unless something drastic happens to Hyperliquid and something resoundingly positive happens to Aster, these market dynamics are likely to remain as they are. To end on a positive note, many analysts believe $1 Aster will happen again, but whether it is six weeks or six years from now is anyone’s guess.

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