Aster completes Stage 4 ASTER buyback, spending $5.5 million on-chain while maintaining transparency, supply controls, and long-term token strategy.
Aster has completed a significant token buyback amid ongoing crypto market volatility. Stage 4 was executed last week by the decentralized exchange. Besides, the decision was meant to facilitate the market structure of ASTER. As a result, the on-chain transparency continued to be centralized. In the meantime, traders were keen on wallet action and the price indicators.
Aster Accelerates Token Buyback Amid Market Volatility
Aster spent 5.5 million USDT during the period of 15 December 21. Overall, 6,555,799.91 ASTER were bought back. The average price of a buyback was close to $0.84. Notably, all interactions were on-chain. Hence, the process of verification was publicly available at the time.
The Stage 4 buyback was part of a larger $32million execution. Aster raised the speed of buyback since December 8. The expenses were normally about $4 million per day. As a result, the accelerated tranche was closed in eight days. This was one of the accelerated repurchase periods of the project.
Related Reading: Aster Token Slides Despite Accelerated Buyback Push and Supply Discipline Plans | Live Bitcoin News
Aster claims that the buyback was financed by protocol fee revenue. The purchase of tokens was directly in the open market. This had the consequence of no external financing. This design was targeted at strengthening sustainability. In addition, it harmonized users and long-term interests.
On-chain transparency was a fundamental attribute. The address of the executing wallet was revealed in public. This led to an increase in the trust of the community. Transparency minimized the speculation on the timing of execution.
The strategy was also led by supply management. Aster established partial token burns. Further, token balances will be locked. These tokens are locked to incentive ecosystems. Thus, the circulating supply can be decreasing slowly. Prolonged scarcity is declared as a goal.
ASTER Price Pressure Persists Despite Ongoing Buyback Policy
In spite of increased purchasing, ASTER was subject to continuous selling. ASTER price was trading close to $0.71 at publication. The volume turnover in the 24 hours was about $151 million. In the meantime, the token fell by an average of 0.08 percent per day.
The Aster team realized the adverse price movement. Nonetheless, it focused on external market aspects. Buybacks cannot solely counter macro volatility, as is stated. Thus, the strategy is long-term oriented. Expansion of utility is the priority.
Officially, Stage 4 is finished on December 21, 2025. However, the policy of the buyback persists. Stage 5 parameters are pending. The group pointed out that there would be more announcements. Therefore, investors are waiting to receive revised details of execution.
In perspective, Aster emphasized product development. The project intends to roll out Aster Chain. This Layer 1 network will aim at the first quarter of 2026. The management anticipates increased utility to facilitate value. Thus, buybacks are in addition to more comprehensive expansion.
On the whole, the Stage 4 buyback indicated that Aster is keen on transparency. On-chain execution strengthened credibility during volatile times. At the same time, a price pressure was maintained, supply controls improved. In turn, long-term positioning does not change. The market has become very keen on future stages.
Source: https://www.livebitcoinnews.com/aster-completes-stage-4-buyback-with-5-5m-on-chain-purchase/
