The decentralized exchange (DEX) token ASTER experienced a significant price increase after Binance founder and CEO Changpeng Zhao (commonly known as CZ) acquired approximately 2 million ASTER tokens. This high-profile transaction sparked heightened market attention, resulting in a nearly 20% jump in the token’s value.
ASTER is the native token of a recently rebranded derivatives platform that emerged from a merger involving legacy tokens such as APX. The project underwent a token-generation event in September 2025 as part of its relaunch. ASTER’s total maximum supply is set at 8 billion tokens, with a substantial portion—more than 50%—reserved for community-focused incentives, including airdrops and strategic allocations.
The platform distinguishes itself as a hybrid decentralized exchange supporting both perpetual contracts and spot trading across multiple blockchain networks. It boasts features catering to advanced traders, such as hidden order types and support for high leverage positions.
Following CZ’s purchase, which included public remarks calling ASTER’s relaunch a “strong start,” the token attracted considerable buying interest. On-chain analytics observed a notable accumulation of USDT in ASTER-related wallets, which have become some of the largest on the Binance Smart Chain outside Binance’s own holdings.
Despite the immediate price surge catalyzed by CZ’s involvement, market participants are advised to remain cautious. The token faces competitive pressure from other projects like HYPE and must demonstrate ongoing fundamental progress beyond initial enthusiasm. Additionally, ASTER’s extensive token supply and reliance on narrative-driven momentum introduce risks that traders should carefully consider.
Ultimately, ASTER’s rally highlights the influence of prominent figures within the crypto space and underscores how high-profile endorsements can swiftly impact market behavior. Observers will watch closely to see if ASTER can sustain its growth through continued development and adoption.
