Altcoin Season Watch: Aster’s +40% Week, Hyperliquid Pressure, XPL Perps

Altcoin season has unfolded with Aster, Hyperliquid, and XPL each attracting flows for different reasons. Aster has gained from listings and whale moves, Hyperliquid remains tied to derivatives, and XPL has risen through perpetuals before spot access, illustrating the rotation of speculative capital.