HYPE Token Falters as CZ-Backed Aster Overtakes Hyperliquid

HYPE token is struggling to maintain momentum as Hyperliquid faces mounting pressure from Aster, a fast-rising decentralized exchange (DEX) that has quickly gained traction with backing from Binance founder Changpeng Zhao (CZ). With plunging trading volume on Hyperliquid, its native token HYPE has also faced waning demand. This has caused it to trend mostly sideways in recent sessions, with bears trying to regain full market control.   HYPE’s Breakdown Deepens Over the past 24 hours, Aster ranks second in total fees generated, just behind Tether, while Hyperliquid has slipped to eighth place source: https://beincrypto.com/hype-price-falls-aster-overtakes-hyperliquid/