19.09.2025 00:30
Sources from the internet report a dramatic uptick in the price of Aster, formerly identified as APX, which experienced a phenomenal ascent of over 360% in a single day on September 18th. This impressive surge was intricately linked to the commencement of the project's airdrop initiative and a notable mention by CZ, a prominent figure in the crypto space.
The precipitous rise in the token's value was directly preceded by the initiation of its airdrop program, an event scheduled to conclude on October 17th. This distribution encompasses an estimated 704 million tokens, constituting roughly 8.8% of the total supply, and is earmarked for qualifying participants. Beneficiaries include individuals enrolled in Aster's Spectra Stage 0 and 1 programs, holders of Aster Gems, and users who have traded on Aster Pro. Further amplifying the momentum, CZ's public commendation of the Aster team significantly enhanced the project's profile. This official endorsement, coupled with the token distribution, acted as a powerful catalyst for the price escalation.
Beneath the surface of this market excitement, Aster's underlying fundamentals have demonstrably strengthened. According to data from DeFi Llama, the platform's perpetual futures market has recorded an astounding trading volume exceeding $12 billion this month, a significant leap from $9.78 billion in August and $8.5 billion in July. Concurrently, revenue streams have experienced a substantial expansion. Fees generated in the current quarter total $8.82 million, a remarkable increase from a mere $1.8 million during the corresponding period in the previous year. While Aster generated a modest $11,660 in revenue in Q3 2024, this figure has now surged to an impressive $5.4 million. Furthermore, the total value locked (TVL) within the protocol has attained a record high of $1.85 billion, a monumental growth from $141 million recorded in January.
Looking ahead, market observers anticipate that the current rally may persist, particularly as Aster expands its availability on additional exchanges, notwithstanding its primary trading venue remaining its proprietary platform. However, the imminent profit-taking by airdrop recipients is expected to introduce some degree of selling pressure. Much like other recently debuted cryptocurrencies such as WLFI, Spark, and Avantis, a robust initial surge is frequently followed by a period of…
