Aster Surges 10% on Hyperliquid Regulatory Optimism

Aster's price surged by over 10% in just 24 hours, reaching $0.65. This rally is largely attributed to growing optimism around decentralized perpetual futures exchanges following President Donald Trump's comments on Hyperliquid's potential U.S. entry.

The CFTC Chair Mike Selig is reportedly working to bring Hyperliquid into the U.S. in a 'fully compliant and legal fashion,' as stated by Trump. This development has traders treating it as a sector-wide catalyst, with Aster directly competing with Hyperliquid.

Aster's trading volume nearly tripled from $55 million to $152 million, placing $0.67 and $0.80 under focus as potential price targets.