Aster News: Aster Price Targets $2.43 Amid 77.8 Mln Token Burn

Key Insights:

• The latest Aster news noted an Aster price prediction by a top trader eyeing $2.43 as the DEX project prepares to launch a Layer-1 chain soon.
• The first key level for the ASTER token is $1.59. This zone has blocked every attempt to move higher, so it remains the main decision point.
• The DEX crypto project also announced on Thursday that it burned around 78 million ASTER tokens through its S3 buyback program.

The latest Aster news noted an Aster price prediction by a top trader eyeing $2.43 as the DEX project prepares to launch a Layer-1 chain soon.

Meanwhile, a Thursday announcement indicated the buyback token burn program for Aster burnt 77.8 million $ASTER tokens.

One particular trader is eyeing a bullish Aster price target of $20 after opening a long position at an entry price of $0.8816.

Aster News: Aster Price Eyes $2.43 as Key Fib Extension Comes Into Play

As per the latest Aster crypto news, ASTER price is finally showing some strength after weeks of quiet trading. The daily chart has formed a clear higher low, and that shift gives the market a fresh tone. Momentum is picking up, and the chart now shows a straightforward path ahead.

The first key level is $1.59. It has blocked every attempt to move higher, so it remains the main decision point. If bulls flip it into support, the entire range opens. You can already see price lifting off the trendline with steady, controlled movement.

Once $1.59 is cleared, the next target for Aster price sits at $2.27. That level lines up with the mid-range from the last major breakdown. If buyers keep control, the full extension comes in at $2.43.

ASTER now looks awake again. A clean break and hold above $1.59 would confirm that this move is more than a bounce and that a real shift in trend is underway.

Bullish Analyst Predicts a Clear Road to $20 as ASTER Token Trades Near $1.04

The current advance toward $1.59 is the key phase of this trend. That level is the first major resistance on the chart and the point where buyers need to prove commitment. A strong close above it would confirm that the market has fully shifted in favor of the bulls.

From there, the chart opens up. The next clear zone sits around $2.27, followed by the wider extension at $2.43. Both levels align with previous ranges and match the momentum building underneath price.

A top trader @Eagle_0x updated his followers with a new long position with the entry position at $0.8816. With price holding above $1 and building higher support levels, the market no longer looks vulnerable to a breakdown, as per the trader.

Aster Burns 77.8M Tokens

The DEX crypto project also announced on Thursday that it burned around 78 million ASTER tokens through its S3 buyback program. The team explained that the tokens are gone for good, a move meant to reduce supply and support long-term value.

The project also locked the same number of tokens in an airdrop wallet for future community rewards. Aster added that its S4 buyback program is already underway.

ASTER price was still trading above $1 at the time of reporting, even after a small 2% drop in the past day. Analysts said the token has held up well during recent market dips. They pointed to steady demand from traders.

In the latest Aster news roadmap, the project rolled out its plan for the first half of 2026 and spotlighted the launch of its own layer-1 network as the main milestone. They said this upgrade will guide the project’s next phase and shape the rest of its ecosystem plans.

They also highlighted several key features expected to roll out over the same period. These include fiat on- and off-ramps, a new toolkit for builders called Aster Code, and the introduction of staking and governance.

In addition, the team pointed to upcoming Smart Money tools in Q2, aimed at giving users better insight into market flows.