{"id":63930,"date":"2025-12-02T18:37:11","date_gmt":"2025-12-02T18:37:11","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/altcoins-today-grayscales-link-etf-debuts-hype-and-aster-soar-up-to-13\/"},"modified":"2025-12-02T18:37:11","modified_gmt":"2025-12-02T18:37:11","slug":"altcoins-today-grayscales-link-etf-debuts-hype-and-aster-soar-up-to-13","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/altcoins-today-grayscales-link-etf-debuts-hype-and-aster-soar-up-to-13\/","title":{"rendered":"Altcoins today: Grayscale\u2019s LINK ETF debuts; HYPE and ASTER soar up to 13%"},"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\/07\/Altcoin-news-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/Altcoin-news-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/Altcoin-news-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/Altcoin-news-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Grayscale has launched the first US spot LINK ETF today.<\/li>\n<li>HYPE rallies after Sonnet shareholders authorize Hyperliquid DAT\u2019s merger.<\/li>\n<li>ASTER gains more than 13% on a new collaboration with WLFI.<\/li>\n<\/ul>\n<p>Cryptos rebounded on Tuesday as the value of all tokens increased by more than 6% to $3.06 trillion.<\/p>\n<p>Bitcoin has reclaimed $90,000 as Ethereum trades above $3,000.<\/p>\n<p>This article evaluates three altcoins, Chainlink, HYPE, and ASTER, that remained in the spotlight today for various reasons.<\/p>\n<h2>Grayscale\u2019s spot Chainlink ETF goes live<\/h2>\n<p>Grayscale has officially <a href=\"https:\/\/coinjournal.net\/news\/grayscale-to-launch-first-us-spot-chainlink-etf-through-trust-conversion\/\">converted its Chainlink Trust to an ETF today<\/a>, introducing the first-ever US exchange-traded fund.<\/p>\n<p>The debut has met considerable anticipation among the cryptocurrency community as many view Chainlink\u2019s oracle infrastructure as crucial to tokenized real-world assets (RWA) and decentralized finance (DeFi).<\/p>\n<p>Commenting on GLINK\u2019s debut, Grayscale\u2019s ETF official Inkoo Kand <a href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/12\/02\/3197932\/0\/en\/Grayscale-Chainlink-Trust-ETF-Ticker-GLNK-Launches-on-NYSE-Arca-as-New-Spot-ETP.html\">said<\/a>:<\/p>\n<blockquote>\n<p>Chainlink\u2019s decentralized oracle network is setting the market standard for verifiable data and cross-chain connectivity that underpins tokenization and DeFi across public blockchains. With GLINK, investors can gain exposure to this foundational infrastructure in the familiar ETP wrapper.<\/p>\n<\/blockquote>\n<p>Meanwhile, GLINK will simplify institutional access to Chainlink, allowing traditional investors to interact with crypto without directly handling the token.<\/p>\n<p>LINK reacted positively to the ETF news, gaining more than 12% to trade at $13.32.<\/p>\n<h2>HYPE gains 10% after key milestone<\/h2>\n<p>HYPE soared more than 10% over the past 24 hours after Sonnet confirmed a crucial structural breakthrough.<\/p>\n<p>According to today\u2019s, December 2, <a href=\"https:\/\/www.sonnetbio.com\/news-media\/press-releases\/detail\/132\/sonnet-biotherapeutics-holdings-inc-announces-stockholder\">press release<\/a>, the company\u2019s shareholders have approved the decision to introduce Hyperliquid Decentralized Autonomous Treasury (DAT).<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Sonnet BioTherapeutics Holdings, Inc. Announces Stockholder Approval of Proposed Business Combination with Hyperliquid Strategies Inc<a href=\"https:\/\/t.co\/tzF9O6EgSM\">https:\/\/t.co\/tzF9O6EgSM<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24SONN&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SONN<\/a> <a href=\"https:\/\/t.co\/cOT6JSp2ai\">pic.twitter.com\/cOT6JSp2ai<\/a><\/p>\n<p>\u2014 Sonnet Bio (@SonnetBio) <a href=\"https:\/\/twitter.com\/SonnetBio\/status\/1995862618674774506?ref_src=twsrc%5Etfw\">December 2, 2025<\/a><\/p>\n<\/blockquote>\n<p>The plan involves Sonnet merging with Rorschach I LLC to form a unified entity called Hyperliquid Strategies.<\/p>\n<p>Most importantly, the new firm plans to raise $1 billion to buy HYPE.<\/p>\n<p>The massive bet signals unwavering institutional trust in the altcoin.<\/p>\n<p>HYPE is hovering at $33.03 after gaining over 10% within the past 24 hours.<\/p>\n<h2>ASTER rallies after WLFI alliance<\/h2>\n<p>Aster\u2019s native coin also recorded impressive price actions, gaining over 13% within the last 24 hours.<\/p>\n<p>The upside momentum coincided with a strategic collaboration with Donald Trump-affiliated World Liberty Financial.<\/p>\n<p>Aster founder and CEO Leonard <a href=\"https:\/\/x.com\/Leonard_Aster\/status\/1995812365820969202\">announced<\/a> the alliance at the fintech and crypto conference in Dubai.<\/p>\n<p>Under this agreement, the decentralized exchange will integrate WLFI\u2019s USD1 \u2013 a move designed to enrich the stablecoin\u2019s adoption.<\/p>\n<p>The altcoin is trading above the $1 psychological level after gaining over 13% on its daily price chart.<\/p>\n<p><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-351737\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/12\/ASTER-Chart.jpg\" alt=\"\" width=\"1045\" height=\"494\"\/><\/p>\n<p>ASTER eyes further rallies, but declining 24-hour trading volumes highlight weakness.<\/p>\n<p>Meanwhile, the broader crypto market remained elevated today, recovering from sharp dips in the past few sessions.<\/p>\n<p>Bitcoin has gained over 7% on its daily price chart, while Ethereum increased by 10%.<\/p>\n<p>Quantitative tightening ending and <a href=\"https:\/\/coinjournal.net\/news\/vanguard-reverses-course-opens-door-to-bitcoin-ethereum-xrp-and-solana-etfs\/\">renewed ETFs interest<\/a> fuel the current upside momentum.<\/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><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/altcoins-today-grayscales-link-etf-debuts-hype-and-aster-soar-up-to-13\/\">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 ) Grayscale has launched the first US spot LINK ETF today. HYPE rallies after Sonnet shareholders authorize Hyperliquid DAT\u2019s merger. ASTER gains more than 13% on a new collaboration with WLFI. Cryptos rebounded on Tuesday as the value of all tokens increased [&hellip;]<\/p>\n","protected":false},"author":3947362363,"featured_media":63931,"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\/63930"}],"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\/3947362363"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=63930"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/63930\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/63931"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=63930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=63930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=63930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}