{"id":61583,"date":"2025-10-22T14:29:34","date_gmt":"2025-10-22T14:29:34","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/aster-price-outlook-after-solana-co-founder-unveiled-a-rival-perp-dex\/"},"modified":"2025-10-22T14:29:34","modified_gmt":"2025-10-22T14:29:34","slug":"aster-price-outlook-after-solana-co-founder-unveiled-a-rival-perp-dex","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/aster-price-outlook-after-solana-co-founder-unveiled-a-rival-perp-dex\/","title":{"rendered":"ASTER price outlook after Solana co-founder unveiled a rival perp DEX"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/Aster-price-outlook-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/Aster-price-outlook-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/Aster-price-outlook-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/10\/Aster-price-outlook-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>The ASTER price is currently struggling near $1 amid heavy selling pressure.<\/li>\n<li>A short squeeze above $1.39 could spark a sharp rebound.<\/li>\n<li>Solana\u2019s Percolator DEX threatens Aster\u2019s market dominance.<\/li>\n<\/ul>\n<p>The ASTER price is under pressure as new competition brews in the decentralized perpetual exchange market.<\/p>\n<p>Solana co-founder Anatoly Yakovenko has unveiled \u201cPercolator,\u201d a new L1-native perpetual DEX designed to run directly on the Solana blockchain.<\/p>\n<p>This development introduces a powerful new contender into an already tense market dominated by Aster and <a href=\"https:\/\/coinjournal.net\/news\/hyperliquid-price-forecast-hip-3-upgrade-and-ceos-transparency-crusade-fuel-bullish-momentum\/\">Hyperliquid<\/a>.<\/p>\n<p>Aster, once celebrated for its dominance in the on-chain derivatives space, now faces a critical turning point.<\/p>\n<p>The timing of Solana\u2019s move couldn\u2019t be more disruptive, coming as Aster grapples with a sharp price drop and declining user activity.<\/p>\n<h2>Solana\u2019s Percolator shakes up the market<\/h2>\n<p>Yakovenko\u2019s new project, Percolator, is still in its early development phase but has already attracted widespread attention.<\/p>\n<p>Built directly on the Solana blockchain, it promises fast, low-cost perpetual trading without relying on external layer-2 networks.<\/p>\n<p>Early <a href=\"https:\/\/github.com\/aeyakovenko\/percolator\">GitHub data<\/a> shows key modules for funding rates, account validation, and position management are already in place, with stress-testing expected soon.<\/p>\n<p>The Solana ecosystem\u2019s reputation for high throughput and low transaction fees gives Percolator a strong foundation to compete with existing players.<\/p>\n<p>If it delivers on performance, the DEX could pull liquidity and traders away from Aster and Hyperliquid.<\/p>\n<p>That potential shift adds pressure to Aster, which is already battling to retain users amid shrinking trading volumes and outflows.<\/p>\n<h2>ASTER price fights to stay above $1<\/h2>\n<p>At the time of writing, Aster is holding slightly above the $1 psychological support after two days of declines.<\/p>\n<p>Technical indicators suggest the token is on shaky ground.<\/p>\n<p>The MACD has crossed below its signal line, signaling weakening momentum, while the RSI sits near 31 \u2014 close to oversold levels.<\/p>\n<figure id=\"attachment_342662\" aria-describedby=\"caption-attachment-342662\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-342662 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/10\/Aster-price-analysis.png\" alt=\"Aster price analysis\" width=\"1735\" height=\"704\"\/><figcaption id=\"caption-attachment-342662\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/coinmarketcap.com\/currencies\/aster\/\">CoinMarketCap<\/a><\/figcaption><\/figure>\n<p>A breakdown below $1 could send the token toward the next key support at $0.94, while a rebound could see a retest of $1.27.<\/p>\n<p>Aster\u2019s market data paints a worrying picture.<\/p>\n<p>The token trades at $1.01, down more than 34% over the past month. Its market cap has slipped to about $2 billion, with daily trading volume at $805 million.<\/p>\n<p>Aster\u2019s Total Value Locked (TVL) has also contracted to $1.805 billion at press time, reflecting waning engagement from traders and liquidity providers.<\/p>\n<figure id=\"attachment_342663\" aria-describedby=\"caption-attachment-342663\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-342663 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/10\/Aster-TVL.png\" alt=\"Aster\u2019s Total Value Locked (TVL) \" width=\"1596\" height=\"532\"\/><figcaption id=\"caption-attachment-342663\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/defillama.com\/protocol\/aster\">DefiLlama<\/a><\/figcaption><\/figure>\n<h2>Sentiment sours as usage crumbles<\/h2>\n<p>Over the past week, Aster has experienced $326 million in TVL outflows and a dramatic collapse in daily trading volume to just $78 million.<\/p>\n<p>That compares poorly with Lighter and Hyperliquid, which still handle over $10 billion in daily trades.<\/p>\n<p>This falloff in activity has raised concerns that traders are fleeing the protocol amid doubts about the sustainability of its incentive-driven growth.<\/p>\n<p>Technical momentum remains bearish, with the formation of a MACD death cross and an Aroon Down reading near 93% reinforcing the downward bias.<\/p>\n<p>Aster now trades in a weak demand zone between $1.03 and $1.14 \u2014 an area that historically offers little support.<\/p>\n<p>If selling continues, analysts warn that the token could slide toward $0.70 or even $0.50.<\/p>\n<h2>Can a short squeeze save ASTER\u2019s price?<\/h2>\n<p>Despite the gloom, some traders see a potential rebound setup forming.<\/p>\n<p>The Money Flow Index (MFI) has dropped sharply from 80 to 38, suggesting retail investors are exiting.<\/p>\n<p>However, derivatives data show that roughly 80% of positions remain short.<\/p>\n<p>If the ASTER price climbs above $1.39, about $34 million in short positions could be liquidated on Binance alone, triggering a short squeeze.<\/p>\n<p>A bullish RSI divergence adds weight to this scenario, showing sellers may be losing control.<\/p>\n<p>If momentum shifts, a break above $1.39 could send prices toward $1.88 and $2.22.<\/p>\n<p>But if the token falls below $1.05 or $0.92, the recovery setup would collapse, deepening the bearish trend.<\/p>\n<p>For now, investors are watching whether Aster can stabilize and regain momentum before Percolator reaches full launch.<\/p>\n<p>If Solana\u2019s new DEX lives up to expectations, it could redefine the competitive balance across the entire decentralized derivatives landscape \u2014 and determine where the ASTER price heads next.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/aster-price-outlook-after-solana-co-founder-unveiled-a-rival-perp-dex\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) The ASTER price is currently struggling near $1 amid heavy selling pressure. A short squeeze above $1.39 could spark a sharp rebound. Solana\u2019s Percolator DEX threatens Aster\u2019s market dominance. The ASTER price is under pressure as new competition brews in the [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":61584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/61583"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=61583"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/61583\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/61584"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=61583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=61583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=61583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}