$ASTER is trading at $0.6415, up a solid 12.40% today. The daily chart shows a clear recovery bounce from recent lows around $0.41, pushing price above both the 7-day MA at $0.5660 and the 30-day MA at $0.6281.
RSI(14) at 52.67 sits comfortably in neutral to bullish territory, rising steadily and showing no signs of overbought pressure yet.
$ASTER emerged from the merger of Astherus and APX Finance in late 2024, rebranding to Aster for a unified, user-first vision. Backed by YZi Labs (CZ’s investment firm), it has quickly grown into a major player in DeFi perps, often compared to Hyperliquid but with multi-chain reach and yield on collateral innovation. Recent updates like aggressive token buyback programs (Stage 6 active), public testnet for its own Layer-1 Aster Chain, and strong revenue metrics keep driving interest.
$ASTER shows strong recovery signs today. With its innovative features, backing, and growing traction in the competitive DeFi perps market, it stands out as a high conviction play for the next leg up. Watch for a sustained hold above $0.64 to confirm the trend.
This is not a financial Advice.
