Aster emerges as a top trending token on coetecko

Aster (Aster) has emerged as a trend smoking on Coeningecko, with its value that has been increasing since the launch of 2,400%.

The popularity of the project is fed by the 2 -point program and important notes of industrial figures, including former Binance CEO Changpeng Zhao (CZ).

Aster climbs rankings

The Crypto -Data Agreator reported Via X that XLP has reached the top position on Coingecko after a recent airdrop with a value of around $ 10,000 was distributed to holders. Close to the ranking are the eternal tokens aster and AVNT.

Aster is the native token of a decentralized eternal futures exchange with the same name that challenges the dominance of hyperliquid in the sector. It runs on several block chains, including Ethereum and Solana, but it mainly exists on the BNB chain.

Aster is traded today around $ 1.78, with 15.3% in the last 24 hours, but continues to rise by more than 181% last week. Since the launch on 17 September, the value of the currency has risen by more than 2,400%, so that market capitalization is pressed more than $ 2.9 billion and the 50th position on Coetecko secures.

Aster has been around for more than a year, but the activity on the platform exploded after the launch of his native token. Since then, the Hyperliquid exchange has overtaken in important statistics. Defillama -Data to show That it reported $ 35.86 billion to the daily rodent trade volume and surpasses the $ 17.16 billion of its rival.

The strong performance has attracted new traders who see the liquidity of the platform as a competitive advantage. Data in chains shows that whales have been gathering aster steadily since last week, with more than $ 48 million invested in token. Separately, another large holder recently took $ 7 million in profit from a first $ 300K edition.

Why Aster explodes in popularity

Part of the excitement comes from the community push of the project around season 2 of his Points Farming Program. The campaign rewards users for trade, references and margin use. Crypto -analyst Shawn shared On X in this round only 4% of the tokens is released, but participation is already 30 times higher than in season 1.

Aster has also received support from prominent figures in the crypto industry, including Binance founder Changpeng Zhao (CZ), who has publicly endorsed the project and promoted his X account. The platform is also supported by YZI Labs, the private investment firm of ZHAO, which offers mentorship, technical support and marketing exposure.

Moreover, crypto trader James Wynn has promoted Aster as a superior product for his competitor Hyperliquid. Wynn noted that his counterpart is confronted with a “slow and painful death”, because the newer perpetuals Dex gains ground in the industry.