#asterNetwork Aster (ASTER) has been making waves in the crypto market, particularly after its token generation event (TGE) launch, which saw its price surge over 500% to $0.52. This significant growth has been accompanied by a substantial increase in total value locked (TVL), reaching $1 billion and solidifying Aster's position as a major player in the decentralized perpetuals exchange space.
*Key Developments:*
- *Aster's TVL Surge*: Aster's TVL briefly crossed $2 billion before stabilizing at around $1.9 billion, demonstrating its growing popularity.
- *Binance Listing*: Binance has confirmed the listing of Aster (ASTER) for spot trading, introducing ASTER/USDT, ASTER/USDC, and ASTER/TRY pairs. This listing has contributed to the token's recent price surge.
- *Airdrop Campaign*: Aster has launched its Stage 3 airdrop campaign, "Aster Dawn," which distributes rewards to users who participate in trading volume, staking, or yield-bearing collateral.
- *Buyback Program*: Aster's buyback program has lifted confidence and stabilized its price, with indicators like the RSI and CMF signaling rising inflows and improving accumulation.
*Market Performance:*
- *Current Price*: $1.07
- *Resistance Levels*: $1.09, $1.21
- *Support Levels*: $1.00, $0.93
- *Trading Volume*: $867.75 million in 24-hour perpetual volume, surpassing Bitcoin's volume
*Future Outlook:*
- *Short-term Prediction*: Aster's price is expected to remain volatile, with potential resistance at $1.09 and support at $1.00.
- *Long-term Prediction*: Analysts predict Aster's price could reach $2.25-$2.40 if buying pressure continues, with potential targets of $3.25 and beyond $ASTER