DEX token ASTER surged as Binance founder Changpeng Zhao (CZ) bought roughly 2 million of them, sending a wave of speculative demand throughout the market.
Traders interpreted the acquisition as a sign of confidence from one in all crypto’s most influential figures, and ASTER climbed almost 20% in response.
The underlying venture behind ASTER is a rebranded spinoff platform that merged from older tokens (together with APX) and relaunched with a token-generation occasion in September 2025. ASTER’s max provide is 8 billion tokens, with over half allotted to group incentives corresponding to airdrops and strategic distribution.
The platform packages itself as a hybrid decentralized change providing perpetuals and spot buying and selling throughout a number of chains, with options like hidden orders and excessive leverage.
CZ’s public endorsement — the place he described ASTER’s launch as a “robust begin” — added gas to the rally. On-chain information cited by analysts present ASTER’s pockets amassed massive sums of USDT and have become one of many largest on BNB Chain exterior of Binance itself.
Though the soar is actual, the chance of retreat is equally tangible. Excessive token provide, intense competitors (particularly from rivals like HYPE), and a narrative-heavy increase reasonably than clear, sustained elementary breakthroughs imply merchants ought to stay vigilant of value spikes.
