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ASTER Becomes #1 DEX with $12B Volume – Still 53% Below Peak!

BeInCrypto
ASTER surged to become the top decentralized perpetuals exchange with $12B volume, fueled by Phase 4 launch and Coinbase roadmap inclusion.

Summary

The ASTER token experienced a significant surge, becoming the world's top-ranked decentralized perpetuals exchange (perps DEX) with $12 billion in trading volume. This optimism is driven by the launch of Phase 4, "Aster Harvest," which allocates 1.5% of the total ASTER supply over six weeks, and the increased buyback rate to $7,500 per minute. Furthermore, Coinbase adding ASTER to its listing roadmap provides a major publicity boost and potential institutional capital gateway. Despite these positive developments and technical indicators suggesting a bullish breakout from consolidation patterns, the ASTER price remains 53% below its previous all-time high. Whales have also accumulated $53 million in tokens, signaling confidence, but the $1.29–$1.35 zone will be crucial for testing sustained upward momentum.

(Source:BeInCrypto)