Today we will make a comprehensive evaluation to understand the new generation DEX logic and the future of HYPE and Aster. Cryptocurrencies have experienced very interesting days since 2021, and Hyperliquid was born as the fruit of these interesting days. Aster came into our lives as his rival. So why is Hyperliquid (HYPE) gaining so much attention, or why are people hopeful for its future?
Hyperliquid (HYPE) and the Birth of Aster
We can say that Hyperliquid (HYPE), launched by Jeff Yan, is the result of the oath taken by investors while Democrats were vomiting anger against cryptocurrencies after the 2022 FTX crash. Many investors swore not to trade on centralized exchanges in those days, and Jeff lived through those difficult days.
Founding Hyperliquid Labs in 2023, Jeff began offering people the centralized exchange experience where their crypto money stays with them. asters It was born as a Hyperliquid competitor that provides similar conditions and includes some additional features. Jeff said, “Like FTX, no one will be able to sell you fake cryptocurrencies, you have completely safe control of your cryptocurrencies.”
Hyperliquid (HYPE) and the Future of Aster
People experienced the FTX trauma, and those new to crypto had heard about what happened in 2022. Therefore, a new segment of investors was born who use DeFi platforms to enter crypto instead of centralized exchanges. Added to these are the old investors keeping up with DeFi.
in years of DeFi We were talking about how the problem is that the user experience sucks. Even experienced investors had difficulty executing complex trades. However, Aster and Hyperliquid offer people an interface similar to that of centralized exchanges and are easy to use. For this reason hyperliquid It reached over $2.73 trillion in futures trading volume this year. Spot volume exceeded $110 billion in total. Its annual revenue is $1.22 billion.
Yes, the main thing we need to pay attention to is his huge annual income. Most cryptocurrencies do not generate such income, and this is the most important detail that makes the future of HYPE Coin bright. HYPE and Aster are protocols that really make money, attract interest, produce benefits, that is, they work. That’s why they promise so much in the long term. American audio company Dolby, the Dolby we all know, generated $1.35 billion in revenue this year, and employs 2,000 people. Hyperliquid did this with 11 employees.
HYPE and Aster Predictions
The birth of these protocols, their first days, how fast they grew, the history of futures transactions and Hyperliquid We can drown in many details, such as the revolution he made in 2023. But what investors need is whether a protocol is making money and gaining traction. These are both available on HYPE and Aster. These are the important things.
We’ve talked about the OBO here before, but for now the right shoulder seems to be protected as support. So we may not see a deeper bottom below $20. People over $30 HYPE Coin He was trying to compete, but the negativity in the general market sentiment had a bad effect on him too. If this is a retracement from the bottom, we would expect $27.8 to be gained in the short term. Next, the key resistance at $35 will be targeted. A break here would not be surprising, but if BTC remains strong the price could return to $50.
CZ’s support is great for Aster and it has seen good volume despite being a very new coin. The protocol is going well and open positions are normal but the token is weakening. Aster CoinFor ‘s benefit generation, the team can do more and focus on burns because Aster has reached the new ATL level. Testing $0.66, Aster should soon gain the support at $0.91. Then we should see a break of $1.39 for the new ATH.
The opportunity here is that in the scenario where Aster survives, it will give a big profit opportunity with the resistance break, as it does not make an ATH breakthrough after the horizontal movement after the launch. It has generally moved sideways after listing, but what is expected with such altcoins is that it will make a larger peak at some point, returning above $2.5. When this horizontal and downward movement ends, we can see a rapid movement to $ 2.5 and above.
