Why is Astar (ASTR) Price Up By 48%? Traders Cash In On This Major Exchange Listing

In a remarkable surge, Astar has witnessed a 48.07% increase in the last 24 hours, currently trading at $0.112. This surge has set the crypto community abuzz, prompting a closer look at the driving factors behind this impressive rally.

ASTR’s price movement has seen a dynamic range in the past 24 hours, fluctuating between a low of $0.0743 and a high of $0.1572.

The 24-hour trading volume has experienced an extraordinary uptick, spiking by 3285.02% to an impressive $454,896,889.

Source: CoinStats – Start using it today

Astar Network has positioned itself as a catalyst for developers, offering a robust platform for the creation of decentralized applications (dApps) and layer 2 solutions. By delivering interoperable web 3.0 infrastructure, financial incentives, incubation programs, and dedicated technical support, Astar has become a pivotal player in the evolving blockchain landscape.

One of the primary drivers behind Astar’s recent surge is its strategic listing on Upbit Korea. This move has expanded Astar’s market reach and visibility, attracting a wave of new investors and traders. The crypto community is closely monitoring the implications of this listing on Astar’s future trajectory.

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The surge in Astar’s trading volume further underscores the heightened interest and activity surrounding this blockchain project. As more market participants engage with Astar on the heels of its Upbit listing, the increased liquidity and trading activity contribute to its notable price upswing.

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Vignesh Karunanidhi
Vignesh Karunanidhi

Seasoned crypto writer with deep passion for blockchain and cryptocurrency