Aster
Aster (ASTER) is trading around the $1.00 support as bullish volume weakens, increasing the chance of a deeper pullback if buyers don't return. Traders are watching for a decisive volume-driven move to confirm direction.
Aster DEX announced completion of $214 million in total buybacks, signaling continued support for its token; separately, Tether said it aided authorities in seizing $12 million tied to a transnational scam. Both moves highlight market support and stronger compliance action in crypto.
ASTER surged almost 9% in the past 24 hours, emerging as one of the top-performing altcoins while Bitcoin trades around $104,860. Broader altcoins were mixed, with Ethereum, BNB and Solana slipping modestly as investors hunt mid-cap gains.
ASTER surged about 8% in the last 24 hours while Bitcoin steadied near $104,000; TRUMP logged the largest drop over the same period. Market participants note a rotation into select altcoins as BTC volatility eases.
Aster (ASTER) is losing momentum as trading volume dries up and buyers step back, leaving the token fighting to keep the $1 support. Technical indicators point to a likely corrective move unless demand returns quickly.
Aster's buyback cadence jumped 50% to about $7,500 per minute and the token's burn rate doubled, fueling renewed bullish momentum. Markets watch whether this deflationary push can clear the critical $1.17 resistance and secure the $1 support level.
Aster DEX on BNB Chain lowered the ARUSDT perpetual contract tick size from 0.01 to 0.001 (effective 09:00 UTC Monday). The finer price increment improves order-book precision, tightens spreads and opens up more possibilities for scalpers and short-term strategies — but traders should watch fees and order churn.
BNB Chain validators have proposed halving gas fees and cutting block times to enhance speed and reduce transaction costs, aiming for a $0.005 fee per transaction. Meanwhile, Aster DEX leads in revenue, surpassing HyperLiquid with a soaring token market cap.