- ASTER price consolidates near $1.70 and is supported by a daily spot volume of $2.1 billion.
- With resistance at a lifetime high near $2.00 and support at $1.48, ASTER’s price structure remains largely bullish.
- An upcoming token unlock could introduce short-term volatility.
While several leading coins face downside pressure, Aster’s native token is showing modest gains around $1.70.
The token rose about 13% in the last 24 hours and an astounding 1,980% over the past week at the time of writing, driven by robust trading activity that pushed perpetual (perp) DEX volume to $11 billion in a single day.
Aster’s growth as a decentralized finance (DeFi) platform is a major factor behind the bullish momentum.
Perp volume hits $11 billion, ASTER holds $1.70
ASTER traded near $1.70 after pulling back from intraday highs around $1.97 on major exchanges.
The current price reflects a 13% gain in the last 24 hours, outperforming many top coins following Monday’s market sell-off.
The token remains more than 1,870% above its all-time low of $0.084 recorded on September 17, 2025.
Price consolidation puts ASTER among the top performers for the day.
Notably, the decentralized exchange recorded an eye-catching $11 billion in perp trading volume.
Spot trading volume also rose, increasing more than 8% to $2.1 billion.
No. 1 in perp DEX trading volume during the past 24 hours with over $11+ billion on Aster. 👀
ASTER MODE. pic.twitter.com/gjPAtE7AJF
— Aster (@Aster_DEX) September 23, 2025
Support for multiple chains and the Aster Genesis Stage 2 rewards program, which allocates over 50% of tokens to community airdrops, have driven significant user engagement.
Participation was further boosted by a $100,000 rewards campaign on Bybit, lifting deposits and spot trading activity.
Aster has also benefited from endorsements and attention from prominent industry figures, including Binance CEO Changpeng Zhao.
Market interest and the token’s parabolic run caught the attention of a whale holding 7.14 million ASTER worth more than $10.5 million.
According to on-chain monitoring, the whale accumulated tokens via two wallets.
The whale deposited 4.5 million Tether (USDT) to the exchange and withdrew 7.14 million ASTER tokens.
On-chain data suggested the holder was sitting on roughly $6 million in unrealized gains.
What’s next for ASTER price?
ASTER is testing resistance around $1.75 with upside potential toward $1.90 and the key psychological level of $2.00.
A decisive break above this range could open the path to new highs, especially if broader crypto market sentiment turns supportive.
Near-term risks are rising, however, as profit-taking could coincide with a scheduled token unlock.
Millions of ASTER tokens set to enter circulation may exert selling pressure, particularly from airdrop claimants, which could strain price momentum.
On the upside, $1.58 is a critical support level to watch. A sustained drop below that level could see prices decline toward $1.48, where bulls may attempt to regroup.
Despite these risks, consolidation around current levels remains a plausible scenario.
If the market absorbs the selling and adoption of Aster’s zero-knowledge DEX infrastructure continues, a clear breakout above $2.00 could mark the start of a stronger bullish leg.