- ASTER token is wobbling toward a critical support zone at $1.03–$1.00.
- A drop below $1 could trigger further decline toward $0.90.
- This outlook persists despite a buyback plan announced by the Aster team on Friday.
Aster DEX, the decentralized exchange backed by YZi Labs and associated with Binance co‑founder Changpeng Zhao, has announced a significant buyback initiative aimed at supporting its native token, ASTER.
Announced earlier today, the plan proposes allocating 70–80% of Season 3 fees to ASTER buybacks, with the exact allocation depending on market conditions.
Despite this bold move, market data and technical indicators indicate that ASTER faces considerable risk of slipping below the psychologically important $1 level.
Aster team rolls out major token buyback plan
ASTER is currently trading around $1.06 and showing losses.
The DEX token has been under notable selling pressure in recent weeks and months.
On Friday, the cryptocurrency failed to sustain early gains and retreated.
Daily highs were capped in the $1.12–$1.15 area, and subsequent selling pressure followed the team’s announcement of the buyback program.
Buyback Announcement:
ASTER is currently targeting 70-80% of S3 fees for $ASTER buybacks, exact allocation will depend on market conditions and final results will be released following conclusion of S3.
As a growing project, and in these uncertain market conditions, it’s…
— Aster (@Aster_DEX) October 24, 2025
Why is ASTER falling today?
Aster plunged amid negative headlines on Thursday. Today’s price action reflects a fragile market, with technical indicators pointing to potential downside risk.
Notably, ASTER has lost more than 55% of its value since the September peak of $2.42.
The rally that once helped the exchange challenge— and at times surpass— Hyperliquid in volume has dissipated. Although 24‑hour trading volume remains substantial, it has slipped below $800 million.
Market sentiment has become more strained amid broader crypto weakness.
On Friday, hotly anticipated U.S. consumer price index data for September was released by the Bureau of Labor Statistics.
Despite an initial lift alongside equities, Bitcoin, Ethereum and most cryptocurrencies showed weak follow‑through.
The U.S. CPI print, which signaled cooling inflation, failed to spark sustained upside momentum across the crypto sector.
Even as the Dow Jones Industrial Average jumped more than 530 points at the time of writing, Bitcoin could not break above $111,000 and ETH pared gains from near $4,000.
ASTER’s price reflected similar weakness despite the buyback announcement.
Is ASTER headed below $1?
Technical indicators highlight that the current price sits at a critical support zone.
A break below $1.03 would likely consolidate losses in the $0.93–$0.97 range, and ASTER could slide to $0.90.
On the upside, solid resistance exists in the $1.12–$1.15 area; a decisive break above $1.24 could kick‑start momentum toward $1.52 and then $1.60.
Price chartAster by TradingView
ASTER’s ability to hold above $1 is crucial for any bullish scenario. Successful execution of the buyback program and broader market stabilization will be key to attracting buyers.
Institutional support for the token and the project’s multi‑chain architecture could also provide a foundation for recovery.
However, prevailing uncertainty in the wider crypto market may deter short‑term holders and keep downside risk elevated.