Share this article
ASTER Zooms 20% as Binance's CZ Purchases 2M Tokens
ASTER is a rebranded derivative platform token with a max supply of 8 billion, focusing on community incentives and decentralized exchange features.
Updated Nov 2, 2025, 3:19 p.m. Published Nov 2, 2025, 3:15 p.m.
What to know:
- DEX token ASTER surged nearly 20% after Binance founder Changpeng Zhao purchased 2 million tokens, sparking speculative demand.
- ASTER is a rebranded derivative platform token with a max supply of 8 billion, focusing on community incentives and decentralized exchange features.
- Despite the rally, traders should be cautious due to high token supply, competition, and a narrative-driven price increase.
DEX token ASTER surged as Binance founder Changpeng Zhao (CZ) purchased approximately 2 million of them, sending a wave of speculative demand across the market.
Investors interpreted the purchase as a signal of confidence from one of crypto’s most influential figures, and ASTER climbed nearly 20% in response.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The underlying project behind ASTER is a rebranded derivative platform that merged from older tokens (including APX) and relaunched with a token-generation event in September 2025. ASTER’s max supply is 8 billion tokens, with over half allocated to community incentives such as airdrops and strategic distribution.
The platform packages itself as a hybrid decentralized exchange offering perpetuals and spot trading across multiple chains, with features like hidden orders and high leverage.
CZ’s public endorsement — where he described ASTER’s launch as a “strong start” — added fuel to the rally. On-chain data cited by analysts show ASTER’s wallet amassed large sums of USDT and became one of the largest on BNB Chain outside of Binance itself.
Although the jump is real, the risk of retreat is equally tangible. High token supply, intense competition (especially from rivals like HYPE), and a narrative-heavy boost rather than clear, sustained fundamental breakthroughs mean traders should remain vigilant of price spikes.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
State Street and Galaxy to Launch Tokenized Liquidity Fund on Solana in 2026
The fund will run on Solana at launch and use PYUSD.
What to know:
- State Street and Galaxy plan to launch SWEEP in early 2026, using PYUSD for around-the-clock investor flows on Solana.
- Ondo Finance committed about $200 million to seed the tokenized liquidity fund, which will later expand to other chains.
- The firms say the product brings traditional cash-management tools onto public blockchains for qualified institutions.
Top Stories
