Ex-Binance CEO Changpeng Zhao, famously known as CZ, has jokingly shared on an X post that his feed is full of Aster and BNB posts. Meanwhile, the two cryptocurrencies have gained massive attention over the last 24 hours.
Aster, for instance, has surged by over 83% over the last 24 hours alone. BNB, on the other hand, has smashed a new all-time high of $1,080 today, continuing its impressive bullish rally.
Aster and BNB Take the Crypto Spotlight
In his most recent post on X, CZ highlighted the hype revolving around Aster and BNB. These two tokens have been in the spotlight for the last few days, but recently, investor attention for the two has heated up even more, sparking a joke from CZ.
“My entire feed: Aster, BNB, Aster, BNB, Aster…” CZ wrote on X highlighting the huge attention around the two coins. However, he jokingly promoted a Giggle Academy, a free education platform with over 2,000 books. A move he claimed was aimed at shifting the attention from Aster and BNB.
https://twitter.com/cz_binance/status/1969637991640678682
His statement came after Miles Deutscher, a crypto analyst, highlighted that the risk appetite still exists in the crypto market, while calling for investors to remain focused.
Nonetheless, ASTER is still taking the spotlight across the crypto market. Over the last 24 hours alone, the coin has surged by over 83%. Additionally, it has put up a show on other metrics as investors scramble to have a piece of the pie.
ASTER Surpasses Bitcoin in 24-hour Perp Volume
On the backdrop of the massive attention, ASTER – the token for a top next-gen DEX with low fees, deep liquidity, multichain support, high leverage and yield, has outperformed Bitcoin in 24-hour perpetual trading volume.
According to recent data, the coin has recorded $867.75 million in the 24-hour perpetual volume on Hyperliquid. Meanwhile, Bitcoin has only managed $832.33 million of the same metric, meaning Aster takes the lead.
Ethereum, HYPE, Solana, Pump and even BNB also trail behind with $634.48M, $390.52M, $389.35M, $199.60M and $134.70M, in 24 hour perp volume over the last 24 hours, respectively.
Furthermore, ASTER has also flipped Hyperliquid in DEX volume. The DEX has recorded a total of $742.02 million in 24 hour DEX volume, as per data by DefiLlama. Hyperliquid only managed a total of $462.25M in DEX volume over the same period. For Aster, the data shows that it has outperformed Hyperliquid by 55%.
ByBit Announces ASTER Spot Listing, Investors Flood In
Top crypto exchange ByBit has announced that it will list ASTER on its spot trading platform following the growing interest from investors. However, while the exchange did not provide an actual date for the listing, the listing could be massive for the coin.
“$ASTER is coming soon to the BybitSpot trading platform with @Aster_DEX! Aster is a next-generation decentralized exchange offering both Perpetual and Spot trading, designed as a one-stop onchain venue for global crypto traders. Stay tuned for more!” ByBit wrote on X.
Such a listing could drive more adoption for the coin. In fact, the coin has already received significant demand with top figures investing in the coin. For instance, Lookonchain reported that Mr. Beast “deposited 114,483 $USDT into #Aster.”
Other investors such as ogle, an advisor at Trump’s World Liberty Financial, is also bullish on ASTER. As per the Lookonchain post, Ogle reopened a 3x leveraged long on $ASTER. This investor is now sitting on an unrealized profit of $357K.
BNB Smashes All-Time High at $1,080
As mentioned by CZ, BNB is also in the spotlight alongside Aster. The coin, which is strongly backed by Changpeng Zhao hit a new all-time high of $1,080 today as reported by BNB Chain.
https://twitter.com/BNBCHAIN/status/1969678418116821148
However, recent data shows that the Binance Coin has since retraced. According to data by CoinMarketCap, BNB is currently trading at $1,057, up by over 6% over the last 24 hours. The coin’s current market cap sits at $146.83 billion, cementing its place on the 5th spot on the coin ranking by market capitalization lists.
[…] impressive price performance, Aster is also making headlines as the decentralized exchange with the highest Perpetual trading volume […]
[…] Aster has already gained traction in the decentralized perpetual trading industry, now one of the most competitive in crypto. The high debut and steep increase in price have attracted both institutional and retail investors who seek exposure to high-growth DeFi products. The speculative increases in the token are due to the general interest in decentralized exchanges over centralized ones. […]