The ASTER token experienced a sharp price increase of over 20% following an announcement from the Aster protocol about a major update to its tokenomics. Under the new structure, nearly all platform fees—specifically 99%—will be redirected toward daily purchases of ASTER from the open market. This move, detailed in a recent social media post, initially pushed the token’s value close to $0.80 before some profit-taking brought it down to around $0.74, still representing a roughly 13% gain over the previous day.
Aster’s plan also includes a secondary mechanism for reducing supply. Alongside the buybacks, the protocol will remove an equivalent amount of ASTER from its reserve holdings each day. This combination creates a 198% combined buyback-and-burn effect, according to the project. The reserve reductions will begin with the team’s allocation and continue until the total supply shrinks from 8 billion to 3 billion ASTER tokens.
Additional demand may stem from a new feature called Aster Spot. For each permissionless token listing on the platform, a fee of 50,000 USDT will be charged, with the entire amount used for further ASTER buybacks. These purchased tokens will then be distributed to stakers through the rewards program. Rather than being destroyed, the tokens acquired via buybacks under the new model will be distributed to participants in the Loyalty Rewards program. Each reward epoch will include a fixed allocation of 300,000 ASTER plus all tokens accumulated from daily buybacks, with distribution directed to veASTER holders based on lock-weighted participation.
From a technical perspective, the announcement triggered a breakout above a trading range that had contained price action since April. The token moved past support-turned-resistance near $0.65 and approached the next major barrier around $0.81. Momentum indicators on the daily chart have strengthened, with the Relative Strength Index rising above 65 and the MACD producing a bullish crossover with expanding positive histogram bars. The $0.81 level is significant due to multiple prior rejections at this point. A successful break above could expose ASTER to levels not seen since late 2025, while the former resistance near $0.65 may now act as support if the rally pauses.