$ASTER Breaks All-Time High on L1 Testing News
On Sept 24, ASTER printed a fresh ATH at $2.26, accelerating a one-week surge of roughly +2,000%. The move followed public statements by CEO Leow Luen Jie that Aster Chain—the project’s in-house Layer-1 - is currently being tested.
Read more about ASTER here
Why the rally now
According to those posts, Aster Chain targets sub-second finality, native perpetuals integration, low transaction costs, and a buyback program—a feature set traders read as a roadmap to deeper liquidity and better execution. Momentum compounded as the news circulated across major crypto feeds.
Market snapshot
At the intraday high, implied market capitalization was ~$3.7–$4.0B. Price discovery remains volatile; no public mainnet date or detailed technical docs have been released yet.
Quick refresher: What is Aster
Aster DEX is a hybrid spot + perpetuals decentralized exchange. The APX → ASTER 1:1 swap rebranded the earlier APX Finance effort into a multichain, high-performance trading stack with “Simple” and “Pro” modes and advanced order types.
What to watch next
Traders and builders are watching for verifiable deliverables:
- Public testnet / repos and validator specs for Aster Chain.
- Concrete details on perps integration at the protocol level.
- Buyback mechanics (funding source, cadence, transparency).
- Security disclosures (audits, economic-attack modeling).
Until those land, price action is highly sensitive to headlines and social flow.
How to follow (and stay safe)
Only use official channels to verify token contracts and announcements. Treat any unverified contract addresses or “early links” on social media as high risk. If you prefer full custody while you track the story, manage assets in a non-custodial wallet.
Try Atomic Wallet — store and swap assets with your keys, on desktop and mobile.
Limited-Time Promo: Double Rewards on $ASTER in Atomic Wallet
Swap $ASTER in Atomic Wallet and get 2× AWC cashback automatically. The promo runs Sept 24, 2025 (12:00 UTC) → Sept 30, 2025 (21:00 UTC) and applies to any swap that includes $ASTER - no forms or codes needed; rewards are credited after the swap.
