The ASTER DEX token surged when Binance founder Changpeng Zhao (CZ) purchased approximately 2 million of them, sparking a wave of speculative demand across the market.
Investors interpreted the purchase as a sign of confidence from one of the most influential figures in cryptocurrencies, and ASTER rose nearly 20% in response.
The underlying project behind ASTER is a rebranded spin-off platform that was merged from older tokens (including APX) and relaunched with a token generation event in September 2025. ASTER’s maximum supply is 8 billion tokens, with more than half allocated to community incentives such as airdrops and strategic distribution.
The platform is presented as a decentralized hybrid exchange that offers perpetual and spot trading on multiple chains, with features such as shadow orders and high leverage.
Public support from CZ, where he described the launch of ASTER as a “strong start”, added fuel to the rally. On-chain data cited by analysts shows that ASTER’s wallet accumulated large sums of USDT and became one of the largest on the 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 strong narrative momentum rather than clear and sustained fundamental advances mean traders must remain vigilant for price increases.
