News View Non-AMP

What’s Driving the ASTER Token Hype? CZ-Backed Crypto Explodes 400%

Published by
Zafar Naik and Qadir AK

Crypto Twitter is on fire today, and all eyes are on ASTER ($ASTER). The token, tied to the multi-chain decentralized exchange Aster, exploded in value just hours after its launch and airdrop. 

Traders and analysts are calling it a “generational FOMO” moment.

What’s the hype about? Let’s dive in. 

Airdrop Launch Sparks Rally

ASTER went live at $0.0089, and within hours, it soared to $0.50 before settling near $0.45. Usually, airdrops trigger big sell-offs, but ASTER defied the pattern.

The rally didn’t stop there. On its first day, $ASTER surged a staggering 1,650%, generating over $310 million in trading volume. The Aster DEX also saw its TVL climb to $1.005 billion, bringing in more than 330,000 new wallets in just a single day.

Currently, the token trades around $0.5901, up 263.1% in the last 24 hours, with an all-time high of $1.27 and a low of $0.09971, highlighting the extreme volatility and strong early interest in the project.

CZ Binance Backs ASTER

The rally got another boost when former Binance CEO Changpeng Zhao (CZ) tweeted about ASTER. “Well done! Good start. Keep building!” he wrote, sharing a price chart.

With support from CZ-linked Yzi Labs and other Binance affiliates, Aster already carries credibility. The community is excited. 

One user, @deg_ape, tweeted: “$ASTER is giving me literal generational FOMO 🥶 … at this moment, #Aster should be no brainer to ape in.”

Multi-Chain DEX Ready to Compete

ASTER is a multi-chain DEX with both spot and perpetual markets. The platform runs on BNB Chain, Ethereum, Solana, and Arbitrum. It also offers advanced features like Hidden Orders and MEV protection, appealing to serious traders.

In just a few months, ASTER has seen:

  • $500B+ trading volume
  • $400M TVL locked
  • $50M+ revenue
  • 2M+ users

For comparison, its competitor Hyperliquid (HYPE) has an annual revenue run rate approaching $1B. ASTER’s early traction shows the project has serious growth potential.

Analysts See Big Potential

Analysts are already speculating about a 10X rally. Key triggers could include token withdrawals going live, a possible Binance listing, and other Tier-1 exchange listings.

@DigitsCapital highlighted the main catalysts: “2 Catalysts I am looking for with $ASTER are 1. Obvious Binance listing … 2. Announcement of some type of buyback mechanism from fees. They have accumulated $50M+ in fee revenue thus far!”

At a $977 million market cap, ASTER still trades below rivals, leaving room to grow. Some are calling it the “Chinese Hyperliquid,” suggesting the token could reach $15B FDV, still smaller than HYPE’s $55B valuation.

What’s Next

ASTER remains in price discovery mode, so volatility is expected. But with CZ’s backing, a growing user base, and multi-chain capabilities, the project has all eyes on it.

Crypto Twitter is locked in on it. For early investors, the FOMO is real.

FAQs

What is ASTER and why is it gaining so much attention?

ASTER is the native token of Aster, a multi-chain decentralized exchange with spot and perpetual markets, backed by Binance affiliates and CZ.

How much did ASTER’s price increase after launch?

ASTER surged over 1,600% from $0.0089 to near $0.50 on launch day, defying common airdrop sell-off patterns.

How has Binance’s CZ influenced ASTER’s popularity?

CZ’s public support via tweets and backing by YZi Labs boosted credibility, sparking huge trading volume and user adoption.

What are the future growth prospects for ASTER?

Analysts foresee potential 10X rallies with upcoming Binance listings, withdrawal activations, and buyback mechanisms increasing demand.

Zafar Naik and Qadir AK

Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Recent Posts

XRP News: SBI Ripple Asia Makes New Move in XRP Ledger Finance

SBI Ripple Asia has signed an agreement with Doppler Finance to explore new financial products…

December 25, 2025

Bitcoin Santa Rally Alert: Analysts Say BTC May Rise in Final Days of 2025

Christmas week is here, and Bitcoin investors are waiting to see if the market delivers…

December 25, 2025

Can XRP Price Hit $10 in 2026?

As 2025 comes to an end, the crypto market looks very different from last year.…

December 25, 2025

AVAX At $12.24 Vs Digitap ($TAP) — Banking Utility Beats L1 Speculation As Best Crypto to Buy 2026

Avalanche’s AVAX token is trading at $12.24, marking a more than 60% drop in value…

December 24, 2025

This $0.035 DeFi Crypto Is Entering a 20% Repricing Window, Here’s Why Investors See 500% Upside

In crypto markets, price does not always move in smooth trends. It often jumps in…

December 24, 2025

Top Eight Altcoins to Buy Now for 2026

As investors look ahead to 2026, many are asking a basic question: Which altcoins have…

December 24, 2025