TLDR
Aster (ASTER) price jumped 26% in 24 hours, reaching $1.34 while most cryptocurrencies declined
Analyst predicts Aster’s market cap could hit $10 billion, which would push the price to around $4.22
AsterDEX generates millions in daily revenue and runs regular buybacks and token burns
The token broke out of a months-long triangle pattern and formed a rounded bottom on technical charts
ASTER can now be used as trading margin and offers fee discounts, increasing its utility
Aster price increased by 26% over the past 24 hours, bringing the token to $1.34 on November 18, 2025. The move came as Bitcoin and most other cryptocurrencies struggled.
Trading volume for ASTER exceeded $1 billion in the 24-hour period. The token’s market capitalization now stands at approximately $3.2 billion.
Analyst MoEthWhale posted on X that Aster could reach a $10 billion market cap soon. He cited rising demand for the decentralized exchange token and a potential supply shock as the main drivers.
If Aster reaches the $10 billion market cap target with its current circulating supply of 2.37 billion tokens, the price would be around $4.22 per token. The analyst pointed to AsterDEX usage, buybacks, and a shrinking token float as factors that could push the price higher.
Rising Demand and Buyback Activity
MoEthWhale reported bridging over $2 million in ETH to BNB specifically to purchase more Aster. He mentioned the product, founder Leonard, the team, and possible institutional interest as reasons for his conviction.
AsterDEX continues to post strong performance numbers. According to the analyst, the platform earns millions in daily revenue and conducts regular buybacks and token burns. This steady reduction in circulating supply combined with rising demand creates conditions for a supply shock.
The token broke through the upper boundary of a tightening triangle pattern after months of sideways trading. On the daily chart, Aster recorded an 18% price increase. Each dip was met with steady buying, forming a series of higher lows.
Sellers struggled to push prices below the $1.85 to $2.00 range. Once price broke above the triangle’s resistance, demand began outweighing supply.
Technical Patterns Point to Continued Strength
Aster formed a rounded bottom on the 1-day chart. The pattern developed over weeks as buyers built a base without drawing much attention. Price repeatedly hit resistance around $1.28 to $1.30. Each attempt weakened the resistance level.
The token now presses against this ceiling with stronger momentum. If price closes decisively above this level, the rounded bottom completes. This would open room toward the $2.10 to $2.15 region.
Support sits at $1.13, where the last wave of buyers entered. A pullback to this level would not break the setup but could slow momentum.
The 24-hour high reached $1.39 while the low touched $1.14. The all-time high of $2.41 was recorded on September 24, 2025.
ASTER recently gained new utility features. The token can now be used as margin in trading activities. It also provides fee discounts to users. These additions increase system utility and support demand.
The project’s affiliation with a Binance-backed exchange provides greater visibility and investor trust. The token has shown resilience and quick recovery from market downturns.
Recent token unlocks added more supply to the market. This increase could create selling pressure that challenges the current upward momentum.
