The ASTER token experienced a breakout week, becoming the top decentralized perpetual exchange (DEX). The project achieved an ASTER trading volume of $12 billion. Optimism is growing following the official announcement of its Phase 4 and its inclusion on the Coinbase listing roadmap.
The project announced the start of Phase 4, titled “Aster Harvest.” This phase allocates an additional 1.5% of the total ASTER supply. This allocation will be distributed evenly over six weekly epochs. At the same time, Aster DEX increased its buyback rate to $7,500 per minute. This measure signals a strong commitment to price stability. Furthermore, Coinbase added ASTER to its roadmap, which could open the door to future institutional capital flows if a listing occurs.
ASTER’s growth demonstrates its dominance in the perpetual futures segment. This sector is considered the “backbone” of next-generation DeFi. Despite this volume milestone, ASTER’s current price remains 53% below its all-time high. This suggests significant recovery potential if the current momentum can be sustained.
Is ASTER’s dominance the start of a new bull cycle?
From a technical perspective, analysts note multiple bullish signals. A breakout from a “Falling Wedge” pattern is reported after 50 days of consolidation. Likewise, the price is consolidating within an ascending triangle. Confidence appears renewed, as Aster whales accumulated $53 million in tokens recently. The buyback program and the Coinbase factor could act as dual catalysts for a new growth cycle.
Although ASTER briefly surged above $1.16 (a 12% rise), the price was trading at $1.06 at the time of publication. This represents a 3.9% correction in 24 hours. The $1.29–$1.35 zone will serve as the crucial test for the token. If ASTER breaks this resistance, it could confirm the breakout and invalidate the previous bearish structure. The ASTER trading volume and technical indicators suggest it is well-positioned.
