Overview

• ASTER is trading near $1.62 after a 16% daily rise, recovering from a drop to $1.33 that followed an initial surge to roughly $1.94.
• Technical signals are mixed, with Chaikin Money Flow showing strong inflows and a bullish hammer seen near support as price consolidates around $1.58–$1.71.
• Aster’s DEX posted $793 million in 24‑hour volume on September 21 per DefiLlama, briefly surpassing Hyperliquid on daily activity.
• The project has YZi Labs support and a public endorsement from CZ, with rapid listings on exchanges such as Bitget and Bybit and availability across BNB Chain, Ethereum, Solana, and Arbitrum.
• Distribution remains active with 704 million tokens allocated in an airdrop running into October 17, while reports of six wallets controlling over 96% of supply and notable whale profits highlight ongoing concentration and volatility risks.