Aster (ASTER) Price Surges Over 30% After CZ’s $2.5 Million Investment Sparks Massive Buying Frenzy

Binance
Coinpedia - Fintech & Cryptocurreny News Media


Thank you for reading this post, don't forget to subscribe!

Aster price is witnessing a dramatic price rally today, soaring over 30% in just hours after Binance co-founder Changpeng Zhao (CZ) disclosed his personal investment of around 2.09 million ASTER tokens, valued between $2 million and $2.5 million. This surprise revelation quickly ignited investor enthusiasm and triggered a spike in trading activity. With prices jumping from $0.91 to $1.26, ASTER has become one of the most talked-about altcoins today, as traders speculate on the potential for a sustained breakout.

Will Aster Price Reach $2 in November 2025?

The token broke past resistance levels near $1.00, with a parabolic spike toward $1.26, backed by record-high trading volumes exceeding $2 billion. The steep expansion of trading activity indicates aggressive buying interest and speculative momentum, as short-term traders attempt to capitalise on the hype. However, analysts warn that such endorsement-driven spikes can lead to volatility and temporary overvaluation.

aster priceaster price

Ever since the start, the ASTER price has been draining after a bullish rise to the ATH, experiencing significant upward pressure. Although the price remains under the bearish influence, the latest rise in volume reflects the increased traders’ attention. However, the stochastic RSI is heading towards the lower threshold along with MACD, which shows a drop in buying pressure. Despite this, the MACD has entered the positive range in the short term, and as long as these levels remain within this range, the probability of a strong rebound is higher. 

Therefore, the price may sink below $1 to squeeze out the selling pressure and initiate a rebound to enter the resistance zone. Once it clears, a rise to $2 could become imminent. 

Conclusion

The sudden surge in Aster’s price underscores the powerful impact of high-profile endorsements in the crypto market. While CZ’s investment boosted investor confidence and market participation, sustainability remains uncertain without fundamental growth. Traders should watch for potential corrections if short-term profit-taking sets in. Nevertheless, if ASTER manages to maintain strong volume and consolidate above $1.20, it could signal a shift toward broader adoption and a more stable uptrend in the coming sessions.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.



Source link