Aster (ASTER) skyrocketed 26% to $1.34 on November 18, 2025, amidst a broader cryptocurrency market downturn, with trading volume surpassing $1 billion, highlighting intense buying activity. This surge was driven by multiple factors, including aggressive token buybacks, strong revenue generation from AsterDEX, and a shrinking circulating supply due to regular token burns.
Analyst MoEthWhale projected a potential $10 billion market capitalization for ASTER, which could elevate the price to around $4.22, based on increased platform usage and institutional interest—evidenced by over $2 million in ETH bridged to BNB for ASTER purchases. Technically, the token broke out of a tightening triangle pattern and exhibits a rounded bottom formation, with support firmly at $1.13. A close above the $1.30 resistance could propel prices toward the $2.10–$2.15 range, while a developing bullish Elliott Wave structure, anchored at key support zones like the 0.618 Fibonacci retracement, suggests a possible Wave 3 expansion targeting $2.30.
Additional utility features, such as using ASTER for trading margins and fee discounts, coupled with its Binance-backed exchange affiliation, bolster investor confidence and network value, positioning the token for sustained momentum despite market volatility.
