ASTER Token Faces 3.64% Drop Amid Token Unlocks and $1.779B Trading Surge

ASTERUSDT experienced a 3.64% price decline in the last 24 hours, closing at 0.689 USDT according to Binance. This downward movement is likely driven by a combination of factors, including concerns over upcoming monthly token unlocks that could add selling pressure, as well as recent technical debates and a year-to-date decline of 47% noted by market participants. Despite strong trading activity—highlighted by a 24-hour perpetual contract volume of $1.779 billion and robust spot and futures trading volumes—the market remains cautious, with technical traders closely monitoring the $0.70 support level and potential breakout scenarios.

Aster maintains a significant market presence with a current market capitalization of approximately $1.72 billion, a circulating supply of about 2.50 billion ASTER, and high liquidity on exchanges such as Binance and Bybit. Recent project updates, including the Aster Chain Testnet launch and a roadmap for 2026, have generated community optimism, but price action is currently shaped by both infrastructure progress and the potential impact of new token releases.