Aster is on fire today. The ASTER price is up more than 21% today, making it the top gainer on the market. At writing, ASTER is trading around $1.87, and daily trading volume is up 15%, showing that traders are piling in fast.
One of the biggest drivers behind this move is the 1:1 token migration from APX to ASTER, set to finish on October 1. This migration is shifting about $390 million in total value locked straight into ASTER. Binance gave the project an extra boost when CZ called Aster the “#2 BSC-USDT holder” on X.
That kind of attention is pushing APX holders to swap their tokens, which adds steady buying pressure. It’s worth noting, though, that when the migration wraps up, some early holders might cash out, which could bring a wave of volatility later.
Perpetual Listings and Leverage Boost Speculation
Another reason for today’s rally is ASTER’s new leverage listings. Since September 19, ASTER has been available for 25x–50x leveraged trading on Binance Futures and OrangeX, and that’s attracting heavy speculative capital.
The token’s 24-hour trading volume has jumped to $2.1 billion, with about $700 million coming from derivatives.
JUST IN:
— RUNΞ (@RuneCrypto_) September 23, 2025
Aster $ASTER has flipped Hyperliquid $HYPE in 24h revenue pic.twitter.com/84chFIohDe
On the chart, ASTER price is comfortably holding above the $1.52 pivot level, which traders are watching as key support. With more leverage in play, momentum can build quickly, though if the market turns, liquidations could hit hard.
On-chain data from Arkham shows that a wallet linked to MrBeast bought $114,000 worth of ASTER on September 21, sparking big FOMO among retail traders. Since then, the number of ASTER wallets has surged to 36,000, with 330,000 new wallets created in just four days.
Popular trader Lena_Dunham also noted that ASTER price has already delivered a 4x move and has spent two days consolidating, a classic sign that it might be ready for another push higher. Add in the growing chatter that CZ wants a bigger slice of the action, and you’ve got even more fuel for the rally.
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Chart Signals and Next Levels
The ASTER chart is showing a clean uptrend. After bouncing off the $1.52 support zone, the price is now testing resistance around $2.00 and $2.40.
The MACD indicator is curling upward, hinting at growing bullish strength. If buying pressure holds, traders are eyeing $2.40 as the next breakout target.
Aster price breakout is being powered by Binance-backed token migration, new high-leverage trading options, and whale plus social media excitement.
The momentum is strong, but it’s smart to stay cautious; profit-taking or forced liquidations could create sharp swings. For now, though, ASTER looks set to remain one of the market’s most exciting tokens.
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