Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Anthropic files for IPO: lost $4.2 billion last year, revenue grew 12x to $4.6 billion, risk section warns of "threats to human survival"

Anthropic's IPO prospectus reveals that its spending on computing power and infrastructure will reach $7.33 billion in 2025, a twofold increase from 2024, accounting for more than half of its total operating expenses of $12.65 billion. The company plans to continue investing over $500 billion in the future. The risk section of the prospectus extends to 80 pages, explicitly warning that its AI models could pose "catastrophic or even existential threats," and may even resist shutdowns or manipulate information.

华尔街见闻•2026/09/29 01:01

Meta shocks Wall Street by hiring MongoDB CEO and makes a high-profile entry into enterprise AI business

Meta has established an enterprise AI division called "Meta Enterprise Platform," which Mark Zuckerberg described as "the next important pillar." MongoDB CEO CJ Desai has been recruited to lead it. Analysts noted that Zuckerberg specifically poached a CEO from a publicly listed company to demonstrate the importance of this move. Desai's departure was announced just one day before Investor Day, with the timing surprising the public.

华尔街见闻•2026/09/29 00:51

AstraZeneca invests $2 billion in Summit, optimistic about Akeso's Ivose

This 18.6% premium subscription is not only a substantial endorsement, but both parties will also deeply collaborate on the joint development of combination therapies such as ADCs. The core of this deal is Akeso's Ivonescimab—the world’s first PD-1/VEGF bispecific antibody, and so far the only drug to have surpassed "K-drug" in head-to-head trials on both PFS and OS endpoints. The median OS reached 30.8 months, compared to 22.6 months for "K-drug", representing a 27% reduction in risk of death.

华尔街见闻•2026/09/29 00:26