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ASTER Token Pressured by $1.37 M Unlock, Prices Hover Near Support
A $1.37 million token unlock added fresh supply to the ASTER ecosystem, increasing the circulating amount. About 70 % of the newly unlocked tokens were directed to ecosystem staking and community airdrops, while the protocol allocated 99 % of generated rewards to token buybacks.
The token price remains close to its long‑term support zone around $0.58, with technical indicators showing bearish momentum. Analysts warn that a break below this support could push the price toward the $0.45 liquidity level. Network activity stays healthy, but the added supply has heightened selling pressure amid weak price momentum.
Buybacks and continued staking incentives are seen as the main support mechanisms, but they must absorb the new tokens quickly to prevent further declines.
Entities
ASTER token · Community airdrops · Ecosystem staking · Token buybacks