The post ASTER Jumps 9% Ahead of Layer 1 Launch appeared on BitcoinEthereumNews.com. Aster (ASTER) trades at $0.6993, rising 7.63% over the past 24 hours as momentumThe post ASTER Jumps 9% Ahead of Layer 1 Launch appeared on BitcoinEthereumNews.com. Aster (ASTER) trades at $0.6993, rising 7.63% over the past 24 hours as momentum

ASTER Jumps 9% Ahead of Layer 1 Launch

Aster (ASTER) trades at $0.6993, rising 7.63% over the past 24 hours as momentum builds ahead of its planned layer 1 mainnet launch in March. The move follows increased trading activity and renewed attention on the project’s infrastructure rollout.

The decentralized perpetual exchange, endorsed by Binance founder Changpeng Zhao, confirmed that it will deploy Aster Chain’s mainnet as part of its 2026 roadmap. 

The transition will move the network from testing into full production after several testnet phases. The public testnet went live in early February 2026 and attracted more than 50,000 participants following earlier whitelisted trials in late 2025.

Infrastructure Expansion Drives Strategy

Aster designed its dedicated layer 1 blockchain to support its on-chain trading products and provide tools for developers. The network will include integrated fiat on- and off-ramps, aiming to streamline user access. The roadmap outlines community-driven upgrades to the decentralized exchange, governance features powered by the native token, staking mechanisms, and broader on-chain participation.

The team also plans to expand into synthetic markets tied to real-world assets, including stock perpetual contracts. This approach would extend its offerings beyond crypto-native derivatives. 

Can this infrastructure shift position Aster among the leading on-chain derivatives platforms?

Perpetual Futures Market Growth

Perpetual futures contracts allow traders to maintain leveraged positions without expiration dates. Instead of rolling contracts forward, traders pay funding rates to hold positions indefinitely. This structure fueled significant growth across decentralized exchanges in 2025.

Cumulative perpetual DEX trading volume nearly tripled last year, rising from roughly $4 trillion to more than $12 trillion by year-end. About $7.9 trillion of that activity occurred within the calendar year alone. 

Monthly volumes crossed the $1 trillion mark in October, November, and slightly below in December, signaling sustained demand for decentralized derivatives.

Source: DefiLlama via X

This surge coincided with increased regulatory scrutiny on centralized exchanges. As a result, traders sought non-custodial platforms that offer leveraged exposure without relinquishing asset control. Aster’s move toward a dedicated application-specific blockchain aligns with a broader industry shift toward custom infrastructure designed for high-throughput trading.

DEX Volume Sparks Price Momentum

On February 10, ASTER climbed more than 10% to around $0.66 after its decentralized exchange processed over $3 billion in 24-hour volume. The price move outpaced a largely flat broader crypto market. At the same time, overall trading volume for the token rose 27%, reflecting increased participation.

Source: My Token via X

High on-chain activity often correlates with stronger token demand, especially when the token supports governance and staking functions. However, market participants have flagged a scheduled token unlock on February 17, which could introduce short-term supply pressure.

Technical Structure Shows Early Shift

From a technical perspective, ASTER recently broke above a five-month descending trendline after holding support near $0.59. Rising trading volume and open interest confirmed the breakout, suggesting a potential structural shift. The next technical level sits near $0.72, which aligns with a prior resistance zone.

Source: Trading View via X

Daily chart analysis shows price approaching a key supply area. Momentum indicators point to building strength, yet analysts note that confirmation requires sustained trading above the breakout region. Without follow-through, price could revisit support levels within the broader trend.

For now, ASTER trades near local highs as infrastructure milestones approach and derivatives activity accelerates. Traders and investors will watch both the March mainnet launch and volume trends to gauge whether the current recovery evolves into a sustained reversal.

Source: https://coinpaper.com/14526/aster-price-prediction-aster-jumps-9-ahead-of-layer-1-launch-3-b-dex-volume

Market Opportunity
Aster Logo
Aster Price(ASTER)
$0.7089
$0.7089$0.7089
-0.56%
USD
Aster (ASTER) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

Polygon Tops RWA Rankings With $1.1B in Tokenized Assets

The post Polygon Tops RWA Rankings With $1.1B in Tokenized Assets appeared on BitcoinEthereumNews.com. Key Notes A new report from Dune and RWA.xyz highlights Polygon’s role in the growing RWA sector. Polygon PoS currently holds $1.13 billion in RWA Total Value Locked (TVL) across 269 assets. The network holds a 62% market share of tokenized global bonds, driven by European money market funds. The Polygon POL $0.25 24h volatility: 1.4% Market cap: $2.64 B Vol. 24h: $106.17 M network is securing a significant position in the rapidly growing tokenization space, now holding over $1.13 billion in total value locked (TVL) from Real World Assets (RWAs). This development comes as the network continues to evolve, recently deploying its major “Rio” upgrade on the Amoy testnet to enhance future scaling capabilities. This information comes from a new joint report on the state of the RWA market published on Sept. 17 by blockchain analytics firm Dune and data platform RWA.xyz. The focus on RWAs is intensifying across the industry, coinciding with events like the ongoing Real-World Asset Summit in New York. Sandeep Nailwal, CEO of the Polygon Foundation, highlighted the findings via a post on X, noting that the TVL is spread across 269 assets and 2,900 holders on the Polygon PoS chain. The Dune and https://t.co/W6WSFlHoQF report on RWA is out and it shows that RWA is happening on Polygon. Here are a few highlights: – Leading in Global Bonds: Polygon holds 62% share of tokenized global bonds (driven by Spiko’s euro MMF and Cashlink euro issues) – Spiko U.S.… — Sandeep | CEO, Polygon Foundation (※,※) (@sandeepnailwal) September 17, 2025 Key Trends From the 2025 RWA Report The joint publication, titled “RWA REPORT 2025,” offers a comprehensive look into the tokenized asset landscape, which it states has grown 224% since the start of 2024. The report identifies several key trends driving this expansion. According to…
Share
BitcoinEthereumNews2025/09/18 00:40
Where to Buy BFS Crypto? Arkham Abandons the CEX Model, North Korean Malware Targets Traders, and DeepSnitch AI’s Moonshot Launch Is About to Come and Go in Early 2026

Where to Buy BFS Crypto? Arkham Abandons the CEX Model, North Korean Malware Targets Traders, and DeepSnitch AI’s Moonshot Launch Is About to Come and Go in Early 2026

A fair few headlines have broken on February 11 that, taken together, paint a vivid picture of where crypto is headed and what it still needs to fix. Arkham Exchange
Share
Captainaltcoin2026/02/12 23:30