Aster (ASTER) has emerged as a top trending token on CoinGecko, with its value surging over 2,400% since its 0 project’s popularity is fueled by its Season 2 points program and key endorsements from industry figures, including former Binance CEO Changpeng Zhao (CZ). ASTER Climbs Rankings The crypto data aggregator reported via X that XLP has achieved the top spot on CoinGecko after a recent airdrop valued at about $10,000 was distributed to 1 behind on the rankings are the perpetual tokens ASTER and 2 is the native token of a decentralized perpetual futures exchange by the same name that’s challenging Hyperliquid’s dominance in the 3 runs on multiple blockchains, including Ethereum and Solana, but it primarily exists on the BNB 4 is trading at around $1.78 today, down by 15.3% in the last 24 hours, but remains up by over 181% over the last 5 its launch on September 17, the coin’s value has surged by over 2,400%, pushing its market capitalization above $2.9 billion and securing the 50th position on 6 has been around for over a year, but activity on the platform exploded following the launch of its native 7 then, the exchange has overtaken Hyperliquid in key 8 data shows that it reported $35.86 billion in daily perpetual trading volume, surpassing its rival’s $17.16 9 strong performance has attracted new traders who see the platform’s liquidity as a competitive advantage.
On-chain data reveals that whales have been accumulating ASTER steadily since last week, with more than $48 million invested in the token. Separately, another large holder recently pocketed $7 million in profits from an initial outlay of $300k. Why Aster Is Exploding in Popularity Part of the excitement is coming from the project’s community push around Season 2 of its points farming 10 campaign rewards users for trading, referrals, and margin 11 analyst Shawn shared on X that only 4% of tokens are released in this round, but participation is already 30 times higher than in Season 12 has also received backing from prominent figures in the crypto industry, including Binance founder Changpeng Zhao (CZ), who has publicly endorsed the project and promoted it on his X 13 platform is also supported by YZi Labs, Zhao’s private investment firm, which provides mentorship, technical support, and marketing exposure.
Additionally, crypto trader James Wynn has promoted Aster as a superior product to its competitor 14 noted that its counterpart is facing a “slow and painful death” as the newer perpetuals DEX gains ground in the industry.
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