diff --git a/editor/plugins/asset_library_editor_plugin.cpp b/editor/plugins/asset_library_editor_plugin.cpp
index 60b5f017d2c..3d161dc5b9c 100644
--- a/editor/plugins/asset_library_editor_plugin.cpp
+++ b/editor/plugins/asset_library_editor_plugin.cpp
@@ -578,7 +578,6 @@ void EditorAssetLibrary::_notification(int p_what) {
 		case NOTIFICATION_READY: {
 
 			error_tr->set_texture(get_icon("Error", "EditorIcons"));
-			reverse->set_icon(get_icon("Sort", "EditorIcons"));
 			filter->set_right_icon(get_icon("Search", "EditorIcons"));
 			filter->set_clear_button_enabled(true);
 
@@ -612,7 +611,6 @@ void EditorAssetLibrary::_notification(int p_what) {
 			library_scroll_bg->add_style_override("panel", get_stylebox("bg", "Tree"));
 			downloads_scroll->add_style_override("bg", get_stylebox("bg", "Tree"));
 			error_tr->set_texture(get_icon("Error", "EditorIcons"));
-			reverse->set_icon(get_icon("Sort", "EditorIcons"));
 			filter->set_right_icon(get_icon("Search", "EditorIcons"));
 			filter->set_clear_button_enabled(true);
 		} break;
@@ -645,23 +643,27 @@ void EditorAssetLibrary::_install_asset() {
 }
 
 const char *EditorAssetLibrary::sort_key[SORT_MAX] = {
-	"downloads",
+	"updated",
+	"updated",
+	"name",
 	"name",
 	"cost",
-	"updated"
+	"cost",
 };
 
 const char *EditorAssetLibrary::sort_text[SORT_MAX] = {
-	"Downloads",
-	"Name",
-	"License", // "cost" stores the SPDX license name in the Godot Asset Library.
-	"Updated"
+	"Recently Updated",
+	"Least Recently Updated",
+	"Name (A-Z)",
+	"Name (Z-A)",
+	"License (A-Z)", // "cost" stores the SPDX license name in the Godot Asset Library.
+	"License (Z-A)", // "cost" stores the SPDX license name in the Godot Asset Library.
 };
 
 const char *EditorAssetLibrary::support_key[SUPPORT_MAX] = {
 	"official",
 	"community",
-	"testing"
+	"testing",
 };
 
 void EditorAssetLibrary::_select_author(int p_id) {
@@ -928,8 +930,8 @@ void EditorAssetLibrary::_search(int p_page) {
 		args += "&category=" + itos(categories->get_item_metadata(categories->get_selected()));
 	}
 
-	if (reverse->is_pressed()) {
-
+	// Sorting options with an odd index are always the reverse of the previous one
+	if (sort->get_selected() % 2 == 1) {
 		args += "&reverse=true";
 	}
 
@@ -1381,12 +1383,6 @@ EditorAssetLibrary::EditorAssetLibrary(bool p_templates_only) {
 	sort->set_h_size_flags(SIZE_EXPAND_FILL);
 	sort->connect("item_selected", this, "_rerun_search");
 
-	reverse = memnew(ToolButton);
-	reverse->set_toggle_mode(true);
-	reverse->connect("toggled", this, "_rerun_search");
-	reverse->set_tooltip(TTR("Reverse sorting."));
-	search_hb2->add_child(reverse);
-
 	search_hb2->add_child(memnew(VSeparator));
 
 	search_hb2->add_child(memnew(Label(TTR("Category:") + " ")));
diff --git a/editor/plugins/asset_library_editor_plugin.h b/editor/plugins/asset_library_editor_plugin.h
index 6a3158889e3..7e934ac6cba 100644
--- a/editor/plugins/asset_library_editor_plugin.h
+++ b/editor/plugins/asset_library_editor_plugin.h
@@ -190,7 +190,6 @@ class EditorAssetLibrary : public PanelContainer {
 	OptionButton *categories;
 	OptionButton *repository;
 	OptionButton *sort;
-	ToolButton *reverse;
 	Button *search;
 	HBoxContainer *error_hb;
 	TextureRect *error_tr;
@@ -216,10 +215,12 @@ class EditorAssetLibrary : public PanelContainer {
 	};
 
 	enum SortOrder {
-		SORT_DOWNLOADS,
-		SORT_NAME,
-		SORT_COST,
 		SORT_UPDATED,
+		SORT_UPDATED_REVERSE,
+		SORT_NAME,
+		SORT_NAME_REVERSE,
+		SORT_COST,
+		SORT_COST_REVERSE,
 		SORT_MAX
 	};