Data from market trackers shows ASTER ($1.28) trading around the low-$2 mark, with a multi-billion-dollar daily turnover, placing it among the top actively traded new tokens in the market. The rapid rise has drawn comparisons to established perpetual DEX players and signaled growing demand for decentralized trading alternatives.
Roadmap Developments
ASTER’s Chief Executive Officer, known as Leonard, confirmed that Aster Chain is currently in testing. The network is designed to feature sub-second execution speeds, native perpetual integration, and low transaction fees. In addition, Leonard disclosed that a token buyback program is being developed, a move often viewed by investors as supportive of the long-term value of the token.
Industry analysts note that sub-second performance and transparent tokenomics could place ASTER in a favorable position within the crowded perpetuals market.
CZ’s Comment and Investor Interest
The project has also benefited from social media attention following a public remark encouraging ASTER to “keep building.” The comment, widely circulated among traders, coincided with spikes in search activity and investor interest. Its viral spread has amplified market sentiment and speculation around the token’s trajectory.
Competitive Landscape
ASTER is entering a highly competitive segment dominated by decentralized perpetual exchanges. The protocol’s feature set, such as advanced order books, simplified trading modes, and multi-chain compatibility, has been highlighted by market researchers as reasons behind its rapid adoption. Tokens with similar offerings have previously carved out significant market share, reinforcing optimism about ASTER’s prospects.
Price Speculation
With ASTER’s price currently near $2, market watchers are already projecting ambitious upside scenarios. Some analysts argue that if trading volumes remain in the multi-billion range and if the chain delivers on its promised performance and buyback program, the token could plausibly target $10 in the medium term. Such a move would represent a four- to five-fold increase from current levels.

Risks Ahead
Despite bullish sentiment, challenges remain. Analysts caution that execution delays, liquidity fragmentation across supported chains, and regulatory scrutiny around stock-linked perpetual products could weigh on the project. Sustained adoption and transparent communication around the buyback program will be critical in maintaining momentum.
Outlook
For now, ASTER continues to ride a wave of speculation and strong trading interest. Its combination of high-volume activity, technical ambition, and an engaged investor base has positioned it as one of the most closely watched tokens of the season. Whether it can sustain this momentum and deliver on its promises will determine whether ASTER can transition from hype to long-term success and possibly reach the much-discussed $10 milestone.
The post ASTER Token Gains Momentum as CEO Confirms Chain Testing: Can Momentum Carry It to $10? appeared first on FXcrypto News.