Биткоин упал ниже $110,000, Aster обошла Hyperliquid по торговым объемам Translation: Bitcoin Falls Below $110,000, Aster Surpasses Hyperliquid in Trading Volumes

The price of the first cryptocurrency failed to maintain the $110,000 mark, while the CZ-backed exchange Aster surpassed Hyperliquid in trading volume, and Plasma launched its mainnet along with other notable events from the past week.

By the end of the work week, the digital gold had dropped below the $110,000 threshold. Over the weekend, the asset traded around the levels reached during the decline, potentially discovering a new consolidation range.

In the span of seven days, the first cryptocurrency saw a decrease of over 5%.

Most major altcoins experienced even deeper declines. The price of Ethereum plummeted by 10%, yet it managed to hold the psychological level at $4,000. Solana’s quotes fell by 16%, without breaching the $200 mark.

Dogecoin and Cardano also noticeably fell in value, dropping by 14.8% and 12.6%, respectively.

The total market capitalization of cryptocurrencies dipped below $4 trillion, settling around $3.8 trillion. Bitcoin’s dominance strengthened to 56.4% amid a more significant downturn in altcoin prices.

According to CoinMarketCap, the altcoin season index retreated from the critical threshold of 75 points to 66.

The cryptocurrency fear and greed index fell from neutral values to 37 points, signifying moderate fear.

On September 24, the decentralized exchange Aster surpassed Hyperliquid in daily trading volume of perpetual contracts, hitting $20.8 billion compared to $9.7 billion for its competitor.

By the end of the week, the gap widened, with trading volumes on Aster and Hyperliquid reaching $42.8 billion and $4.6 billion, respectively.

The BNB Chain-based DEX also outperformed its main rival in terms of commission revenue generation.

Aster was born out of the merger of APX Finance and Astherus in March. The platform garnered attention within the crypto community following the launch of its namesake token on September 17.

A key catalyst for its popularity was a post by Binance founder Changpeng Zhao (CZ) congratulating the DEX on the release of its native coin.

There have been speculations within the community that the entrepreneur initiated the creation of a decentralized platform within the BNB Chain ecosystem in response to Hyperliquid’s success.

CZ partially confirmed these suspicions, acknowledging that several former Binance employees are part of the Aster team. YZi Labs, a venture subsidiary of Binance, holds a minority stake in the platform.

CZ himself stated that he serves as an advisor for Aster. He added that the DEX certainly competes with Binance but ultimately benefits the BNB Chain ecosystem.

In one of his tweets, Zhao noted that «now everyone wants to be a Perp DEX.»

«More players will accelerate the market’s growth. A rising tide lifts all boats,» he wrote.

Ethereum co-founder Vitalik Buterin stated that the Peer Data Availability Sampling (PeerDAS) technology will be a key component for scaling the network. It will be included in the upcoming Fusaka upgrade.

PeerDAS will enable nodes to verify block data availability without fully downloading it. Nodes will receive small fragments and use erasure coding to reconstruct the remaining information. Buterin described this approach as unique.

For certain operations in the initial version of PeerDAS, complete data will still be required. However, only one honest node will suffice, making the system resilient to attacks.

The L1 blockchain Plasma, focused on stablecoins, launched its mainnet and native token XPL.

The project offers commission-free transfers of USDT thanks to its proprietary PlasmaBFT consensus mechanism.

Developers position Plasma as a solution for global money transactions. The blockchain is compatible with the Ethereum Virtual Machine (EVM) and supports over 100 DeFi integrations at launch, including Aave, Ethena, Fluid, and Euler.

At the time of writing, the total value locked (TVL) on the platform reached approximately $4.9 billion. This growth positioned Plasma sixth overall, surpassing Base.

The project also announced the launch of its own neobank, Plasma One, which is expected to provide yields above 10% per year, supported by DeFi protocols within the Plasma ecosystem.

Uniswap Labs introduced The Compact v1, a tool built on ERC-6909 smart contracts, designed to address cross-chain fragmentation.

The solution creates «a developer-oriented common framework for building customizable and composable systems.»

«The Compact enables secure cross-chain settlements through a system of reusable resource locks and programmable commitments,» the blog states.

The mechanism relies on sponsor deposits; they contribute tokens to the contract, creating Resource Locks represented in ERC-6909 format. These locks remain under the control of the sponsors but can support multiple Compacts—verifiable commitments with specified conditions allowing other participants access to the assets.

We discussed with deputy Maxim Evstrapov from the «Party of the Dead» how necroeconomics differs from the economy of the living, the workings of the Proof-of-Death algorithm, and why capitalism carries a distinctly religious character.

We also examined the platform specifically created for stablecoins, Plasma.

In the traditional digest, we summarized the key events of the week in the field of cybersecurity.