- ASTER price consolidates near $1.70, supported by daily trading volume of $2.1 billion.
- With resistance at the all-time high of $2.00 and support at $1.48, ASTER’s outlook remains largely bullish.
- An upcoming token unlock could trigger increased volatility.
While several top cryptocurrencies face downward pressure, Aster’s native token has posted modest gains around $1.70.
The token’s price rose about 13% in the past 24 hours and an impressive 1,980% over the past week, driven by strong trading activity that pushed daily DEX volume to $11 billion.
ASTER’s platform growth in decentralized finance (DeFi) is a key factor behind the bullish momentum.
Perps volume hits $11 billion while ASTER holds $1.7 billion in spot volume
ASTER has held near $1.70 after pulling back from highs of $1.97 on major exchanges.
The current price reflects a 13% rise in the last 24 hours, outperforming many top coins following last Monday’s market rout.
Since its all-time low of $0.084 on September 17, 2025, the token has surged more than 1,870%.
During the price consolidation, ASTER ranks among the day’s best performers.
Notably, the decentralized exchange platform recorded an extraordinary perpetuals trading volume of $11 billion.
Spot trading volume also climbed 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
The project’s multi-chain support and Aster’s Genesis Stage 2 rewards program — which allocates over 50% of tokens for community airdrops — have driven significant user engagement.
Bybit’s $100,000 reward pool campaign also boosted participation, lifting deposits and spot trading activity.
Meanwhile, Aster has benefited from endorsements and interest from influential figures in the industry, including Binance’s Changpeng Zhao.
The token’s parabolic upside potential attracted large interest: one whale acquired 7.14 million ASTER—worth more than $10.5 million—by moving funds across two wallets, according to on-chain tracker Lookonchain.
The whale deposited $4.5 million in Tether (USDT) to the Aster exchange and withdrew 7.14 million ASTER tokens. On-chain data indicate the whale currently sits on an unrealized profit of approximately $6 million.
What’s next for ASTER price?
ASTER is testing resistance around $1.75, with upside targets near $1.90 and the psychological $2.00 level.
A decisive breakout above this range could pave the way for new highs, particularly if broader crypto market sentiment turns supportive.
Short term risks are mounting, however, as profit-taking may coincide with an impending token unlock.
Millions of ASTER tokens scheduled to enter circulation could increase selling pressure, especially from airdrop recipients, and weigh on price momentum.
On the downside, $1.58 emerges as a critical support level. A sustained break below that could see the price slide toward $1.48, where bulls may attempt to regroup.
Despite these risks, consolidation around current levels remains a plausible scenario.
If the market can absorb sell pressure and adoption of ASTER’s zero-knowledge-proof-based DEX infrastructure continues, a decisive move above $2.00 could mark the start of a stronger upward leg.