Aster (ASTER), the newly launched native token of decentralized exchange Aster, has recorded a strong debut. Its price surged over 360% to reach $0.528 on Thursday. Notably, the surge follows the project’s token upgrade from APX to ASTER, which went live on September 17, 2025. The launch also marked the commencement of the token generation event (TGE). APX Token Upgrade page is now live! 🔁 APX holders (@APX_Finance) can now deposit $APX onto Aster Spot trading account and upgrade APX to $ASTER based on the amount you wish to exchange. 🔗 https://t.co/pIkvQqXlTx Once upgrade is completed, you will receive $ASTER in your Spot… https://t.co/7SRk74PJBO — Aster (@Aster_DEX) September 17, 2025 Token Upgrade and Launch APX holders can now deposit their tokens into their Aster Spot trading accounts and upgrade them to ASTER in any chosen amount. Once the upgrade process is complete, the new tokens are credited directly into the user’s Spot trading account. The upgrade represents a significant milestone for the project as it transitions its ecosystem onto the BNB Chain. Alongside the upgrade, Aster has launched an airdrop campaign that opened on September 17 and will run until October 17, 2025. A total of 704 million ASTER tokens, equivalent to 8.8% of the total supply, will be available to eligible participants. Claimed tokens are sent directly to the Aster Spot wallet with no gas fees or approvals required. Unclaimed tokens will be reallocated for future community rewards. Airdrop Eligibility and Token Allocation To qualify for the airdrop, users must meet one of several participation criteria. These include earning Rh or Au Points during Aster Spectra’s Stage 0 or Stage 1 campaigns or receiving Aster Gems through community events. Users can also qualify by trading on Aster Pro after Stage 1 and securing loyalty points. The size of the airdrop highlights Aster’s community-first strategy, with 53.5% of the 8 billion maximum supply allocated to rewards. Other allocations include 30% for ecosystem and community development and 7% for the treasury. An additional 5% is reserved for the team, while 4.5% is set aside for liquidity and listings. ASTER Performance and Market Impact Since the launch, Aster has reported substantial ecosystem traction. Over the past 24 hours, the platform recorded trading volumes of $345 million. Its total value locked (TVL) also climbed from $660 million to $1.005 billion. Additionally, the network welcomed over 330,000 new wallets, signaling rapid adoption. Cumulatively, Aster’s platform volume is approaching $1.5 billion. Remarkably, the surge in activity has aligned with optimism about ASTER’s role in the ecosystem. The token functions as both a governance and utility asset, giving holders the ability to participate in decision-making. It also offers trading fee discounts on spot and perpetual markets and supports long-term protocol sustainability initiatives. Future Utility and Buyback Program To celebrate the TGE, Aster announced that a portion of its protocol revenue will be dedicated to buybacks using Foundation allocations. These funds will also support governance reward distribution, reinforcing the token’s role in aligning incentives between users and the protocol. Looking ahead, these initiatives reflect a broader vision for ASTER’s future. Its role in decentralizing governance, incentivizing participation, and sustaining long-term development is expected to remain central to the project’s roadmap.  As a result, the combination of high community involvement, robust tokenomics, and a strong market debut has strengthened ASTER’s position. It is now seen as one of the notable new entrants in the decentralized finance (DeFi) sector on the BNB Chain. The post Here’s Why Aster (ASTER) is Up Over 360% Today appeared first on Cointab.Aster (ASTER), the newly launched native token of decentralized exchange Aster, has recorded a strong debut. Its price surged over 360% to reach $0.528 on Thursday. Notably, the surge follows the project’s token upgrade from APX to ASTER, which went live on September 17, 2025. The launch also marked the commencement of the token generation event (TGE). APX Token Upgrade page is now live! 🔁 APX holders (@APX_Finance) can now deposit $APX onto Aster Spot trading account and upgrade APX to $ASTER based on the amount you wish to exchange. 🔗 https://t.co/pIkvQqXlTx Once upgrade is completed, you will receive $ASTER in your Spot… https://t.co/7SRk74PJBO — Aster (@Aster_DEX) September 17, 2025 Token Upgrade and Launch APX holders can now deposit their tokens into their Aster Spot trading accounts and upgrade them to ASTER in any chosen amount. Once the upgrade process is complete, the new tokens are credited directly into the user’s Spot trading account. The upgrade represents a significant milestone for the project as it transitions its ecosystem onto the BNB Chain. Alongside the upgrade, Aster has launched an airdrop campaign that opened on September 17 and will run until October 17, 2025. A total of 704 million ASTER tokens, equivalent to 8.8% of the total supply, will be available to eligible participants. Claimed tokens are sent directly to the Aster Spot wallet with no gas fees or approvals required. Unclaimed tokens will be reallocated for future community rewards. Airdrop Eligibility and Token Allocation To qualify for the airdrop, users must meet one of several participation criteria. These include earning Rh or Au Points during Aster Spectra’s Stage 0 or Stage 1 campaigns or receiving Aster Gems through community events. Users can also qualify by trading on Aster Pro after Stage 1 and securing loyalty points. The size of the airdrop highlights Aster’s community-first strategy, with 53.5% of the 8 billion maximum supply allocated to rewards. Other allocations include 30% for ecosystem and community development and 7% for the treasury. An additional 5% is reserved for the team, while 4.5% is set aside for liquidity and listings. ASTER Performance and Market Impact Since the launch, Aster has reported substantial ecosystem traction. Over the past 24 hours, the platform recorded trading volumes of $345 million. Its total value locked (TVL) also climbed from $660 million to $1.005 billion. Additionally, the network welcomed over 330,000 new wallets, signaling rapid adoption. Cumulatively, Aster’s platform volume is approaching $1.5 billion. Remarkably, the surge in activity has aligned with optimism about ASTER’s role in the ecosystem. The token functions as both a governance and utility asset, giving holders the ability to participate in decision-making. It also offers trading fee discounts on spot and perpetual markets and supports long-term protocol sustainability initiatives. Future Utility and Buyback Program To celebrate the TGE, Aster announced that a portion of its protocol revenue will be dedicated to buybacks using Foundation allocations. These funds will also support governance reward distribution, reinforcing the token’s role in aligning incentives between users and the protocol. Looking ahead, these initiatives reflect a broader vision for ASTER’s future. Its role in decentralizing governance, incentivizing participation, and sustaining long-term development is expected to remain central to the project’s roadmap.  As a result, the combination of high community involvement, robust tokenomics, and a strong market debut has strengthened ASTER’s position. It is now seen as one of the notable new entrants in the decentralized finance (DeFi) sector on the BNB Chain. The post Here’s Why Aster (ASTER) is Up Over 360% Today appeared first on Cointab.

Here’s Why Aster (ASTER) is Up Over 360% Today

Aster (ASTER), the newly launched native token of decentralized exchange Aster, has recorded a strong debut. Its price surged over 360% to reach $0.528 on Thursday.

Notably, the surge follows the project’s token upgrade from APX to ASTER, which went live on September 17, 2025. The launch also marked the commencement of the token generation event (TGE).

Token Upgrade and Launch

APX holders can now deposit their tokens into their Aster Spot trading accounts and upgrade them to ASTER in any chosen amount. Once the upgrade process is complete, the new tokens are credited directly into the user’s Spot trading account. The upgrade represents a significant milestone for the project as it transitions its ecosystem onto the BNB Chain.

Alongside the upgrade, Aster has launched an airdrop campaign that opened on September 17 and will run until October 17, 2025. A total of 704 million ASTER tokens, equivalent to 8.8% of the total supply, will be available to eligible participants. Claimed tokens are sent directly to the Aster Spot wallet with no gas fees or approvals required. Unclaimed tokens will be reallocated for future community rewards.

Airdrop Eligibility and Token Allocation

To qualify for the airdrop, users must meet one of several participation criteria. These include earning Rh or Au Points during Aster Spectra’s Stage 0 or Stage 1 campaigns or receiving Aster Gems through community events. Users can also qualify by trading on Aster Pro after Stage 1 and securing loyalty points.

The size of the airdrop highlights Aster’s community-first strategy, with 53.5% of the 8 billion maximum supply allocated to rewards. Other allocations include 30% for ecosystem and community development and 7% for the treasury. An additional 5% is reserved for the team, while 4.5% is set aside for liquidity and listings.

ASTER Performance and Market Impact

Since the launch, Aster has reported substantial ecosystem traction. Over the past 24 hours, the platform recorded trading volumes of $345 million. Its total value locked (TVL) also climbed from $660 million to $1.005 billion.

Additionally, the network welcomed over 330,000 new wallets, signaling rapid adoption. Cumulatively, Aster’s platform volume is approaching $1.5 billion.

Remarkably, the surge in activity has aligned with optimism about ASTER’s role in the ecosystem. The token functions as both a governance and utility asset, giving holders the ability to participate in decision-making. It also offers trading fee discounts on spot and perpetual markets and supports long-term protocol sustainability initiatives.

Future Utility and Buyback Program

To celebrate the TGE, Aster announced that a portion of its protocol revenue will be dedicated to buybacks using Foundation allocations. These funds will also support governance reward distribution, reinforcing the token’s role in aligning incentives between users and the protocol.

Looking ahead, these initiatives reflect a broader vision for ASTER’s future. Its role in decentralizing governance, incentivizing participation, and sustaining long-term development is expected to remain central to the project’s roadmap. 

As a result, the combination of high community involvement, robust tokenomics, and a strong market debut has strengthened ASTER’s position. It is now seen as one of the notable new entrants in the decentralized finance (DeFi) sector on the BNB Chain.

The post Here’s Why Aster (ASTER) is Up Over 360% Today appeared first on Cointab.

Market Opportunity
1 Logo
1 Price(1)
$0.022869
$0.022869$0.022869
-3.89%
USD
1 (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Will XRP Price Increase In September 2025?

Will XRP Price Increase In September 2025?

Ripple XRP is a cryptocurrency that primarily focuses on building a decentralised payments network to facilitate low-cost and cross-border transactions. It’s a native digital currency of the Ripple network, which works as a blockchain called the XRP Ledger (XRPL). It utilised a shared, distributed ledger to track account balances and transactions. What Do XRP Charts Reveal? […]
Share
Tronweekly2025/09/18 00:00
Stablecoin Payments: South Korean Card Giants Launch Crucial Second Task Force for Digital Currency Integration

Stablecoin Payments: South Korean Card Giants Launch Crucial Second Task Force for Digital Currency Integration

BitcoinWorld Stablecoin Payments: South Korean Card Giants Launch Crucial Second Task Force for Digital Currency Integration SEOUL, South Korea – February 2025
Share
bitcoinworld2026/01/05 10:55