Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Aster’s 112 RWA markets are live, so why is ASTER still stuck?

Aster’s 112 RWA markets are live, so why is ASTER still stuck?

AMBCryptoAMBCrypto2026/07/21 20:03
By:AMBCrypto

 

Aster has expanded rapidly across tokenized assets and infrastructure, but investors are still waiting for those developments to translate into stronger demand for ASTER.

Aster’s H1 2026 growth

In H1 2026, Aster launched its own L1, added staking, expanded into 112 RWA markets, and opened new listing routes through Aster Open Standards.

AD

The platform also improved execution with features such as TWAP, Chase Order, Scale Order, and sub-accounts. In addition, Aster Code attracted builders and generated $12 billion in volume.

The biggest change for the token came in June.

Aster began using 99% of daily platform fees to buy back ASTER for stakers, alongside an ongoing burn programme designed to reduce total supply. This model is similar to Hyperliquid’s [HYPE].

Ideally, the mechanism could help remove 5 billion ASTER tokens from circulation over time.

Traders want more proof

Looking ahead, Aster Vault could bring more capital into the ecosystem, Aster Card may create everyday utility, and the expanded TradFi offerings could attract many more traders.

More importantly, platform activity can feed into staking rewards and token buybacks, since most daily fees are now used to purchase ASTER.

Aster’s 112 RWA markets are live, so why is ASTER still stuck? image 0 Source: TradingView

However, traders don’t seem convinced. ASTER traded near $0.626 at press time, and has spent much of the recent period moving within a narrow range. The daily RSI was at 48, so the pace is neutral. OBV has improved from earlier lows, but there isn’t enough for a proper breakout.

Aster’s 112 RWA markets are live, so why is ASTER still stuck? image 1 Source: Coinalyze

Derivatives traders are also just as wary. Aggregated Open Interest fell to around $149 million, so there isn’t a lot of leveraged participation. Funding was positive at about 0.0043, so long positions still have a slight bias. Positioning remained cautiously bullish rather than overly optimistic.

For now, the roadmap alone appears insufficient to drive a sustained rally. Traders are likely waiting for stronger evidence that these initiatives translate into higher activity, fee generation, and token demand.

Final Summary

  • Aster’s 99% fee buyback and proposed 5 billion ASTER burn bring token demand.
  • However, traders are still waiting for real results.

 

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

US Treasury yields hold long-term value, JPMorgan launches ‘low-beta steepener’ trade

Against the backdrop of multiple variables resonating—such as the global asset pricing anchor (US Treasury yields), geopolitical factors, and weather—JPMorgan Chase's latest global macro outlook and strategy outlines a market landscape characterized by "structural differentiation and convergence of opportunities."

智通财经•2026/10/20 02:56

Asian stock markets collectively declined, South Korean stocks plunged 4.5%, Japanese stocks fell over 1%, and SK Hynix dropped 7%.

All major stock indices in South Korea fell by more than 4%, leading declines in Asia-Pacific markets. SK Hynix plunged over 7%, approaching its lowest point since April. Samsung Electronics fell by more than 3%. The Nikkei 225 dropped 1%, and the TOPIX fell by about 0.9%. SoftBank Group plummeted 6.34%. The MSCI Asia-Pacific Index dropped by about 1%, with eight out of eleven sub-industries recording losses; the number of declining stocks was roughly three times that of advancing stocks. Gold extended its overnight losses, falling another 0.34%.

华尔街见闻•2026/10/20 02:22

Deja vu? After another blow to the "AI stock god," AI trading sees a rebound

Goldman Sachs has upgraded CoreWeave’s rating, with several analysts expressing strong support for its fundamentals, alleviating fears of "AI capital expenditure peaking." The Philadelphia Semiconductor Index ended its eight-day losing streak and closed up 1.6%. Previously, "AI stock guru" Aschenbrenner suffered severe losses again, with the average decline of his top seven holdings reaching 18.3%.

华尔街见闻•2026/10/20 02:07