ASTER worth jumps previous $2 as whales purchase 3M tokens value $5.9M, fueling bullish momentum and hypothesis of a Binance itemizing.
ASTER token is displaying power in a consolidating crypto market, posting a 14% acquire within the final 24 hours.
The value has surged previous $2, rebounding from $1.5 on October 1. This transfer means that the second part of the ASTER rally could also be underway, in accordance with market analysts.
Crypto analyst Lark Davis said, “ASTER is breaking out of a bull-flag sample,” which regularly indicators extra upside in technical setups. Davis added that $2.40 is the following resistance stage. If the token clears this, its subsequent Fibonacci goal may very well be round $2.96.
Whale Accumulation Indicators Robust Investor Curiosity
A big investor has amassed 2.74 million ASTER tokens value $5 million prior to now 24 hours. This whale nonetheless holds $1 million USDT on Aster DEX, which can be used to accumulate extra tokens.
Whale 0x2459 spent 5M $USDT to purchase 2.74M $ASTER once more at this time and at present holds 3.07 $ASTER($5.95M).https://t.co/bJEaFqew27 pic.twitter.com/4wTZqEkasJ
— Lookonchain (@lookonchain) October 3, 2025
With this newest exercise, the investor now owns a complete of three.07 million ASTER, valued at roughly $5.86 million. This transfer follows hypothesis round a possible Binance itemizing, which some consider could enhance ASTER’s liquidity and buying and selling quantity.
Institutional curiosity seems to be rising as ASTER continues to realize market share throughout decentralized buying and selling platforms. Whereas the broader market slows, large-scale shopping for exercise could proceed to assist ASTER’s present pattern.
ASTER Leads Perpetual Protocol Quantity in September
In September, Perpetual Protocol recorded its highest month-to-month buying and selling quantity, crossing $1.226 trillion. ASTER performed a significant function, contributing $493.61 billion of that whole quantity. It was the top-traded asset on the platform throughout this era.
🔹 Perpetual buying and selling volumes hit a report $1.05T in September, up 48% MoM.
🔸 @Aster_DEX surged to $493B, overtaking @HyperliquidX’s $281B, whereas @Lighter_xyz posted $165B marking a brand new period in perp competitors as novel infra gamers rise.The place do you see this race heading subsequent? pic.twitter.com/fX4Kdeec6C
— Home of Chimera (@HouseofChimera) October 3, 2025
ASTER has now surpassed different main belongings like Hyperliquid, which dropped to $282.5 billion from August’s $398 billion. Most of ASTER’s quantity got here from its buying and selling on Perpetual swaps, the place it recorded $420 billion in exercise.
The token’s recognition on Perpetual Protocol is backed by sturdy neighborhood engagement and fast development. ASTER is constructed on BNB Chain and supported by YZi Labs, which has been concerned in rising its buying and selling ecosystem.
Chain Launch Might Enhance Ecosystem
Aster is planning to launch its personal ZK-based Layer 1 community, named Aster Chain. This chain is designed to assist its increasing buying and selling ecosystem. The purpose is to enhance velocity, scale back prices, and appeal to extra customers to its DEX platform.
If profitable, the Aster Chain may drive extra buying and selling exercise and enhance the usage of the ASTER token throughout the platform. This growth aligns with the current rise in quantity and the continuing accumulation by massive buyers.