CryptoMediaClub
Wednesday, August 5, 2026
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Aster Crypto Explodes: Buyback and Burn News Sends Hyperliquid Rival Up 10%

17.06.2026
A A
0
121
VIEWS
ShareShare

Aster DEX just handed its tokenomics a structural overhaul, and its crypto token rockets. The announcement redirecting 99% of daily platform fees into automatic ASTER buybacks sent the token up over 10% on the day.

Under the upgraded model, Aster executes TWAP buybacks across each day, settling on-chain to a public wallet. For every token repurchased, an equal amount is permanently burned from reserves, starting with team allocations.

[Tokenomics Update] $ASTER Buyback and Burn Steps Up to 198%
Aster is upgrading its buyback so the platform's own activity both rewards stakers and sets $ASTER on a deflationary path.
Starting from 12:00 PM UTC today, 99% of Aster's daily platform fees buy back $ASTER. An equal…

— Aster 🥷 (@Aster_DEX) June 17, 2026

All bought-back tokens flow directly into Loyalty Rewards, stacked atop the existing 300,000 $ASTER base pool and distributed proportionally to veASTER lock weight. The protocol has already completed over $214 million in cumulative buybacks, reclaiming more than 143.38 million ASTER (7.11% of supply) in under a month.

Aster has drawn consistent comparisons to Hyperliquid as institutional capital rotates toward on-chain derivatives infrastructure, making this tokenomics upgrade more than a housekeeping move. It’s a direct competitive signal.

Discover: The Best Crypto to Diversify Your Portfolio

Can ASTER Crypto Break $1?

Before the crypto announcement, ASTER was trading in a tight range, consolidating under $0.7 after a brief spike to $0.76 months ago, a level it failed to hold. The token broke a short-term downtrend line in the lead-up to the announcement, posting a 12% rally in less than 2 hours, but resistance near $0.75 has rejected the price twice.

aster logoAster (ASTER)24h7d30d1yAll time

Support is long gone; it was clustered in the $0.63 demand zone, where every sell pressure has been absorbed. The 30-period moving average sits near $0.65, acting as a short-term floor. RSI hovering near 61 signals moderate bullish momentum.

For its crypto holders, daily buybacks of $2–3 million would compress supply steadily, and unlock pressure from the locked airdrop wallet might be absorbed. If all those happen, ASTER could clear $1 to open a path toward $1.50 once again.

Discover: The Best Token Presales

Bitcoin Hyper Eyes Early-Stage Entry as ASTER Tests Structural Resistance

ASTER’s 10% pop on strong tokenomics news underscores a familiar dynamic: the market rewards supply-side discipline, but established tokens with billions of market cap face a different risk/reward than early-stage entries. At this market cap, the multiple is compressed. The asymmetry has already been partially priced. That’s exactly where traders with a different time horizon start looking elsewhere.

Bitcoin Hyper ($HYPER) is a Bitcoin Layer 2 presale building what it bills as the first-ever BTC L2 with Solana Virtual Machine (SVM) integration, targeting sub-second finality on top of Bitcoin’s security layer. The pitch directly addresses Bitcoin’s three structural constraints: slow throughput, high fees, and limited programmability.

Hard numbers: presale price sits at $0.0136, total raised has crossed $32.8 million, and staking carries a high APY for early lockers. The Decentralized Canonical Bridge handles native BTC transfers without custodial wrapping. The DEX token game might be too late to enter, and Bitcoin layer 2 could be the next narrative.

Research Bitcoin Hyper before the next stage closes.

The post Aster Crypto Explodes: Buyback and Burn News Sends Hyperliquid Rival Up 10% appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

XRP News: Ripple Takes Equity Stakes in Zilo and Licuido to Fix Idle Tokenized Assets
All news

XRP News: Ripple Takes Equity Stakes in Zilo and Licuido to Fix Idle Tokenized Assets

05.08.2026
0

In the latest XRP News, Ripple announced strategic equity investments in two UK-based firms, Zilo and Licuido, on August 3,...

Read moreDetails
Google Gemini AI Predicts the Price of Bitcoin by The End of 2026

Google Gemini AI Predicts the Price of Bitcoin by The End of 2026

04.08.2026
Crypto Markets Steady: BTC Defies Sell Pressure at $63.5K While Layer 3 Project LiquidChain Attracts Capital

Crypto Markets Steady: BTC Defies Sell Pressure at $63.5K While Layer 3 Project LiquidChain Attracts Capital

04.08.2026
Strategy Hasn’t Bought Bitcoin in 6 Weeks and Just Sold at a Loss Again: What Does Saylor’s New Framework Actually Mean?

Strategy Hasn’t Bought Bitcoin in 6 Weeks and Just Sold at a Loss Again: What Does Saylor’s New Framework Actually Mean?

04.08.2026
Korean Buyers Are Stacking XRP 2-to-1 Against Sellers: XRP Price Prediction Says 80-Day Downtrend About to Break?

Korean Buyers Are Stacking XRP 2-to-1 Against Sellers: XRP Price Prediction Says 80-Day Downtrend About to Break?

04.08.2026
Load More
Next Post
Elon Musk’s wealth has now surpassed Bitcoin market cap amid SpaceX’s continued rally

Elon Musk’s wealth has now surpassed Bitcoin market cap amid SpaceX’s continued rally

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Medical Doctor Confesses to Paying Hitman $25K in Bitcoin to Kill His Girlfriend

3 years ago
U.S. SEC Issues 20-Page Reply in XRP Lawsuit Appeal

U.S. SEC Issues 20-Page Reply in XRP Lawsuit Appeal

3 years ago

Citi Makes History as First Digital Custodian for BondbloX Blockchain Bond Exchange

3 years ago
$4B Hong Kong Family Office Enters Crypto — How Big is the Bet?

$4B Hong Kong Family Office Enters Crypto — How Big is the Bet?

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Crypto Markets Steady: BTC Defies Sell Pressure at $63.5K While Layer 3 Project LiquidChain Attracts Capital

Washington gave crypto every legal win it begged for then lost the market anyway

Strategy Hasn’t Bought Bitcoin in 6 Weeks and Just Sold at a Loss Again: What Does Saylor’s New Framework Actually Mean?

Korean Buyers Are Stacking XRP 2-to-1 Against Sellers: XRP Price Prediction Says 80-Day Downtrend About to Break?

CLARITY Act Senate Vote Locked In, But 60-Vote Hurdle Looms Large

Bitcoin must clear $65,000 before Friday, or jobs data could turn $62,000 into a trapdoor to $60,000

Trending

XRP News: Ripple Takes Equity Stakes in Zilo and Licuido to Fix Idle Tokenized Assets
All news

XRP News: Ripple Takes Equity Stakes in Zilo and Licuido to Fix Idle Tokenized Assets

05.08.2026
0

In the latest XRP News, Ripple announced strategic equity investments in two UK-based firms, Zilo and Licuido,...

Why AI is now a more immediate threat to Bitcoin than quantum computers

Why AI is now a more immediate threat to Bitcoin than quantum computers

04.08.2026
Google Gemini AI Predicts the Price of Bitcoin by The End of 2026

Google Gemini AI Predicts the Price of Bitcoin by The End of 2026

04.08.2026
Crypto Markets Steady: BTC Defies Sell Pressure at $63.5K While Layer 3 Project LiquidChain Attracts Capital

Crypto Markets Steady: BTC Defies Sell Pressure at $63.5K While Layer 3 Project LiquidChain Attracts Capital

04.08.2026
Washington gave crypto every legal win it begged for then lost the market anyway

Washington gave crypto every legal win it begged for then lost the market anyway

04.08.2026
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz