ASTER price is consolidating near $1.7 and is supported by a daily trading volume of $2.1 billion.
With resistance at an all-time high near $2 and support at $1.48, ASTER’s price is largely bullish.
Upcoming token unlock could introduce volatility.
While several top coins are struggling with downside pressure, Aster’s native token is posting slight gains near $1.7.
The token’s price was up 13% in the past 24 hours, and a staggering 1,980% in the past week at the time of writing, driven by robust trading activity that had daily perps DEX volume hitting $11 billion.
ASTER’s growth as a platform in the decentralised finance (DeFi) space is key to bulls’ momentum.
Perps volume hits $11 billion as ASTER holds $1.7
ASTER’s price has held around $1.7 after retreating from its highs of $1.97 across major exchanges.
The current price reflects a 13% surge in the last 24 hours, outpacing top coins after Monday’s bloodbath.
The token remains well over 1,870% up since its all-time low of $0.084 on September 17, 2025.
Price consolidation sees ASTER rank among the best performers on the day.
Most notably, the decentralised exchange platform has recorded a staggering $11 billion in perps trading volume.
Spot trading volume also spiked, increasing by over 8% to $2.1 billion.
No. 1 in perp DEX trading volume during the past 24 hours with over $11+ billion on Aster. 👀
ASTER MODE. pic.twitter.com/gjPAtE7AJF
— Aster (@Aster_DEX) September 23, 2025
Multi-chain support and Aster’s Genesis Stage 2 rewards program, which allocates over 50% of tokens to community airdrops, has driven significant user engagement.
Bybit’s $100k reward pool campaign also boosted participation, with deposits and spot trading rising.
Meanwhile, Aster has benefitted from the endorsements of influential figures in the space, including Binance’s Changpeng Zhao.
ASTER price and its potential for parabolic gains have seen a whale double down on the token with 7.14 million ASTER tokens worth over $10.5 million.
The whale scooped the tokens via two wallets, Lookonchain noted.
The whale deposited 4.5 million Tether (USDT) into the Aster exchange and withdrew 7.14 million.
On-chain data showed the bull sat on an unrealised profit of $6 million.
What’s next for the ASTER price?
ASTER is testing resistance at $1.75, with upside potential toward $1.90 and the key $2.00 psychological mark.
A breakout above this range could open the door to fresh highs, particularly if sentiment across the broader crypto market turns supportive.
Near term, however, risks are building as profit taking coincides with an upcoming token unlock.
With millions of ASTER tokens set to enter circulation, selling pressure—particularly from airdrop claimants—could weigh on price momentum.
On the downside, $1.58 is emerging as the critical support level. A sustained break lower could see prices slip toward $1.48, where bulls may attempt to regroup.
Despite these risks, consolidation around current levels remains possible.
Should the market absorb selling and broader adoption of ASTER’s zero-knowledge proof–powered DEX infrastructure continue, a decisive break above $2 could mark the beginning of a stronger bullish leg.
