Recent Digital currency Crypto market Updates Today, September 23: HYPE vs ASTER Persist with 3000X Crypto Leverage | BTC, ETH, XRP Struggling Against USD
At present, the crypto landscape is becoming quite intriguing. Aster and Hype persist in their struggle for supremacy in the crypto DEX arena, while Bitcoin and XRP are feeling the weight of a robust USD. Over the last 24 hours, Aster Crypto surged nearly 15% to $1.72, whereas Hype maintained its position just below $50.
Simultaneously, BTC USD remained practically unchanged at $113K, while XRP USD experienced a slight increase of approximately 2% to $2.86, yet both assets are perceived as relatively weak in the current macro environment. As capital rotation occurs, it is becoming evident that Aster could dominate the DEX landscape.
Data from DeFiLlama indicates that Aster reached a total value locked (TVL) of $1.4 billion within less than a week, contrasting with Hype which attained $2.3 billion over a span of 12 months. In terms of trading volumes, Aster recorded $550 million while Hype observed $783 million. Aster is showcasing a commendable performance for a newly launched digital currency.
(source – HYPE vs ASTER, Defillama)
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While Hype emphasizes its 40x leverage options on Bitcoin ▲0.45%, Aster Crypto has distinguished itself with leverage options up to 1001x and more advanced features, such as concealed order books, appealing to whales desiring to avoid hunting, along with native yield collateral. Furthermore, Aster goes so far as to offer a staggering 3000x leverage on HYPE pairs.
By community request, you can now long or short $HYPE with up to 300x leverage on Aster.https://t.co/reoT3Kbxe3
Listing is not an endorsement of the project. Past performance does not guarantee future results. Do not trade assets you are unfamiliar with and do not understand… pic.twitter.com/3AFcrDmlVf
— Aster (@Aster_DEX) September 22, 2025
CoinGlass indicates an uptick in open interest for Aster pairs, signaling a rise in confidence among traders dealing with high leverage in crypto.
(source – ASTER Open Interest, Coinglass)
DISCOVER: AVAX Next after ASTER?
Fluctuations in USD, XRP USD Stability Could Depend on DEX Trends like Aster versus Hype
As BTC USD is confronted with $1.5 billion in liquidations this week and XRP USD draws ETF interest with inflows surging 762%, these significant assets are struggling to generate excitement compared to the DEX narrative coins.
On X, one individual bluntly stated:
“CZ blew up FTX just because SBF chirped at him and Do Kwon just because of his actions.”
Whether coincidence or not, CZ’s YZi Labs price floor for Aster raises concerns. With significant gains since its inception and billions in trading volume, Aster and CZ seem to be on a collision course.
Should alt available volume continue to circulate, anticipate Aster to advance ahead of Hype. As BTC USD and XRP USD confront unpredictable macro pressures, the real excitement may be found in perpetuals, where Aster is swiftly becoming a focal point.
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ASTER Crypto Just Blasted Past $11 Billion In Volume
No. 1 in perp DEX trading volume during the past 24 hours with over $11+ billion on Aster.
ASTER MODE. pic.twitter.com/gjPAtE7AJF
— Aster (@Aster_DEX) September 23, 2025
Binance Launches HEMI: What is Hemi Crypto And How To Catch Memecoin Early?
When hearing HEMI, especially in conjunction with Binance crypto support, it’s an news that warrants attention. Binance is enhancing its portfolio with the launch of HEMI, a modular Layer‑2 distributed ledger project intended to integrate Bitcoin’s protection with Ethereum’s programmability.
(source – Hemi TL;DR, HEMI)
As noted by DefiLlama, various press communications, social media discussion, and data platforms like CoinGecko, there appears to be potential for HEMI to become a noteworthy Layer‑2 and/or Bitcoin-DeFi project.
(source – CoinGecko)
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Read the complete story here.
Why Did Crypto Drop Today? Dodge Dip With New Presale to Buy Offering 953% APY Locking tokens
The market experienced a significant downturn within the past 24 hours, leaving traders shaken and inciting a surge of FEAR, UNCERTAINTY, DOUBT across X and Telegram groups. Bitcoin fell to $112K, erasing over $1.8Bn in leveraged positions, while ETH and leading altcoins like Solana and XRP suffered even larger declines.
This abrupt dump pushed the Crypto Fear & Greed Index into the “fear” zone, negating many gains from the previous week. However, while day-traders panic-sell, whales and institutional investors are already positioning themselves for the next opportunity, transitioning into high-yield prospects such as a new presale offering 958% APY earning yield rewards ahead of what is termed Uptober.
Read the complete story here.
Is Avalanche Crypto The Next Crypto Treasury Darling?
AgriFORCE Growing Systems is undergoing a rebranding to AVAX One, a subdivision of Avalanche Crypto, and making a shift towards Web3, with the goal of accruing $550 million for an Avalanche-centric treasury. The initiative aims to develop a $700 million AVAX position while integrating fintech operations with blockchain technology.
What’s going on? Why is AVAX ▲12.05% skyrocketing?
AVAX is gaining traction in the mainstream, with traditional finance institutions, governments, and large corporations all eager to develop their own layer 1 for a variety of reasons, including tokenizing real-world assets and stablecoins. Avalanche, as reported by its users, is the sole protocol enabling such activities, with people gradually recognizing this leading to increasing FEAR OF MISSING OUT.
“Avalanche has maintained a laser focus on on-chain finance and established top-tier partnerships,” mentioned Hivemind founder Matt Zhang.
Read the complete story here.
The post Latest Market Update Today, September 23: HYPE vs ASTER Continue with 3000X Crypto Leverage | Bitcoin, Ethereum, XRP Weak Against USD appeared first on 99Bitcoins.
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