Bitcoin pauses, Aster rises 2000% in one week

While the major cryptocurrencies are mostly pausing during the weekend in 2025 (likely due to increased institutional investment), altcoins are still skyrocketing. Pump, the coin of the Pump.fun network that allows you to launch your own memecoin, set a new ATH yesterday.

Aster, the new cryptocurrency of the Aster platform, which aims to compete with Hyperliquid, gained some 2000% in just a few days.

Weekend break

Before the introduction of Bitcoin ETFs in January 2024, volatile Bitcoin and Ether trading normally continued over the weekend.

But ever since then, institutional money has also been pumped into the largest digital currencies, and price jumps during the weekend have become quite rare – whereas in 2020-2021, you could still see a 5% jump on some Saturday.

Aster

Altcoins however, are still performing well. This week, the rise in Aster, the coin from the new AsterDex platform, was particularly notable. It aims to compete with Hyperliquid, another crypto platform for more experienced digital currency traders.

https://twitter.com/cz_binance/status/1969084937014780313

Apparently, there was high demand for a digital currency for the AsterDex platform, as a 2000% gain in just a few days is a performance typically only done by newly launched memecoins.

The endorsement of former Binance CEO ChangPeng Zhao likely also contributed to Aster’s gains.