Crypto World
Aster (ASTER) popped over 10% on radical ‘buyback and burn’ upgrade. But gains were short-lived
The upgrade marks a shift away from the protocol’s previous linear vesting model, in which tokens were auto-released to market regardless of demand, and it concluded earlier this year, in January 2026.
“Aster’s tokenomics upgrade puts the platform’s own activity to work,” the protocol noted, highlighting that the new rewards are settled on-chain with “no discretionary reserve.”
The token’s bullish price action, however, was short-lived as the Federal Reserve’s hawkish turn sent the dollar higher and weighed on risk assets, including cryptocurrencies.
As of writing, ASTER traded near 68 cents, down 5% on the day.
You must be logged in to post a comment Login