Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
ASTER Momentum Builds as Whales Bet Big on $3 Breakout

ASTER Momentum Builds as Whales Bet Big on $3 Breakout

CryptonewslandCryptonewsland2025/10/08 11:06
By:by Patrick Kariuki
  • ASTER breaks key resistance as whales invest $5M, signaling bullish confidence.
  • Trading volume surpasses $490B, making ASTER the top perpetual trading platform.
  • Binance listing rumors boost optimism, with analysts targeting a $3 to $4 breakout.

The ASTER market is heating up again as whales return to the scene. A $5 million buy order just turned heads, adding fuel to an already bullish setup. Traders are calling this the spark before a potential $3 rally. Confidence is rising across the market, and analysts believe Aster could be gearing up for its biggest move yet. Momentum is building, and the charts tell a story of strength.

$ASTER ranks #1 with $493B trading volume in the past 30 days.

In just the last 7 days, it saw $415B volume compared to Hyperliquid’s $70B, nearly 6x more. pic.twitter.com/mRCydUp8eA

— Satoshi Club (@esatoshiclub) October 2, 2025

Whales Drive Price Action as Aster Breaks Resistance

ASTER trades near $1.93 after breaking free from a falling channel pattern . The token reclaimed the 0.5 Fibonacci level at $1.97, turning that zone into strong support. Resistance sits at $2.08 and $2.23—levels tied to key Fibonacci retracements. Traders see these levels as the final barriers before a sharp climb toward $3. Technical analysts project $3 as the next short-term target.

Some even suggest a possible $9.69 long-term level if Aster mirrors HYPE’s performance. This comparison has fueled optimism among retail and institutional players alike. The project launched on BNB Chain on September 17, 2025, and quickly caught fire. Aster recorded an incredible $493.6 billion in trading volume over the past 30 days. That number crowns it as the top perpetual trading platform by volume.

In the last 24 hours as of writing, ASTER handled $82 billion in trades. Competitors lag far behind. Hyperliquid followed with $70 billion in weekly trades, while EdgeX and Lighter trailed with smaller totals. Aster’s growth speed feels almost meteoric, pushing the platform to over $1 trillion in total trading volume within two weeks.

Exchange Speculation Adds More Fuel to the Fire

Blockchain data revealed several transfers of Aster tokens to Binance-linked wallets. The pattern started with small test deposits and quickly scaled to millions. Such activity often appears before major exchange listings. Speculation now centers on a potential Binance spot listing by October 4, 2025. Neither Binance nor Aster has confirmed the news, but traders remain alert.

A listing would increase liquidity and attract retail traders, potentially accelerating price discovery. Analysts also highlight technical setups pointing toward a $4 target once Aster clears $1.87 resistance. Chart patterns indicate that major selling pressure has faded. Strong support zones continue to hold despite recent market volatility.

BSCScan data tracks active wallet movement, and social chatter shows traders anticipating an official update soon. The Aster community feels more confident than ever, seeing this moment as the calm before a breakout storm. If momentum continues, Aster could soon rewrite its price history and strengthen its position as a leader in decentralized trading.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

From yen rate hikes to mining farms shutting down, why is bitcoin still falling?

The recent decline in bitcoin prices is primarily driven by expectations of a rate hike by the Bank of Japan, uncertainty regarding the US Federal Reserve's rate cut trajectory, and systemic de-risking by market participants. Japan's potential rate hike may trigger the unwinding of global arbitrage trades, leading to a sell-off in risk assets. At the same time, increased uncertainty over US rate cuts has intensified market volatility. In addition, selling by long-term holders, miners, and market makers has further amplified the price drop. Summary generated by Mars AI This summary was generated by the Mars AI model, and the accuracy and completeness of its content are still being iteratively updated.

MarsBit2025/12/16 04:27
From yen rate hikes to mining farms shutting down, why is bitcoin still falling?

The Economist: The Real Threat of Cryptocurrency to Traditional Banks

The crypto industry is replacing Wall Street's privileged status within the American right-wing camp.

ForesightNews 速递2025/12/16 04:23
The Economist: The Real Threat of Cryptocurrency to Traditional Banks

Grayscale's Top 10 Crypto Predictions: Key Trends for 2026 You Can't Miss

The market is transitioning from an emotion-driven cycle of speculation to a phase of structural differentiation driven by regulatory channels, long-term capital, and fundamental-based pricing.

BlockBeats2025/12/16 03:57
Grayscale's Top 10 Crypto Predictions: Key Trends for 2026 You Can't Miss

From Yen Interest Rate Hike to Mining Farm Shutdown, Why Is Bitcoin Still Falling

The market is down again, but this may not be a good buying opportunity this time.

BlockBeats2025/12/16 03:55
From Yen Interest Rate Hike to Mining Farm Shutdown, Why Is Bitcoin Still Falling
© 2025 Bitget