Aster

Founder

<p>The price of Aster (ASTER) surged more than 28% in the past 24 hours, soaring to $1.25 after Binance founder Changpeng “CZ” Zhao revealed that he personally bought the altcoin using his own money.</p>
<p>CZ made the announcement on X (formerly Twitter) earlier today, posting a screenshot from his Binance account that showed the transaction. “Full disclosure. I just bought some Aster today, using my own money, on Binance. I am not a trader. I buy and hold,” he wrote.</p>
<blockquote class="twitter-tweet">
 <p>Full disclosure. I just bought some Aster today, using my own money, on <a href="https://twitter.com/binance?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Binance</a>.</p>
 <p>I am not a trader. I buy and hold. <a href="https://t.co/wvmBwaXbKD" rel="noopener noreferrer nofollow">pic.twitter.com/wvmBwaXbKD</a></p>
 <p>— CZ <img src="https://s.w.org/images/core/emoji/16.0.1/72x72/1f536.png" alt="🔶" style="height: 1em; max-height: 1em;"> BNB (@cz_binance) <a href="https://twitter.com/cz_binance/status/1984992347395141987?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 2, 2025</a></p>
</blockquote>
<p></p>
<p>The post, which quickly went viral, triggered an immediate wave of buying activity across exchanges. Within hours, ASTER’s trading volume skyrocketed by over 250%, reaching $1.2 billion,&nbsp;one of the token’s busiest trading days of 2025.</p>
<h3 id="aster-price-reaction">Aster Price Reaction</h3>
<p>Before the tweet, <strong><a href="https://coinmarketcap.com/currencies/aster/" rel="noopener noreferrer">Aster</a></strong> was trading around $0.97, showing little movement. Minutes after CZ’s post, the price spiked sharply, peaking above $1.25 according to data from CoinMarketCap. The token’s market capitalization now stands at $2.52 billion, with its fully diluted value approaching $10 billion.</p>
<p><img loading="lazy" src="https://www.ethnews.com/wp-content/uploads/2025/11/ASTER_1D_graph_coinmarketcap.jpeg" alt="" width="1200" height="800"></p>
<p>The rally coincided with a surge in social media mentions and community activity, as traders rushed to follow the Binance founder’s move. Within hours, Aster climbed into the top 40 cryptocurrencies by market cap.</p>
<h3 id="why-aster">Why Aster?</h3>
<p>Aster Network is a Layer-1 blockchain focused on smart contracts and interoperability. Built within the Polkadot ecosystem, Aster also supports the Ethereum Virtual Machine (EVM), allowing developers to build decentralized applications compatible with both networks.</p>
<p>The project recently completed its token migration from $APX to $ASTER, which allowed holders to convert their previous tokens to the new standard, a move that positioned the network for greater scalability and utility across multiple ecosystems.</p>
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<h3 id="cz-s-buy-and-hold-philosophy">CZ’s “Buy and Hold” Philosophy</h3>
<p>CZ’s comment that he is “not a trader” but a long-term holder reinforced his reputation for conviction-based investing rather than short-term speculation. His rare public disclosure drew widespread attention from both retail traders and institutional players, many of whom see his moves as a signal of market confidence.</p>
<p>While it remains unclear why CZ specifically chose Aster, his public endorsement appears to have reignited interest in the project and injected fresh momentum into the broader altcoin market.</p>
<p>For now, Aster stands as the day’s top gainer, and one of the few tokens to post double-digit gains amid a largely sideways crypto market.</p>
<p>The post <a href="https://www.ethnews.com/aster-aster-price-explodes-28-after-binance-founder-cz-reveals-personal-purchase/" rel="noopener noreferrer nofollow">Aster (ASTER) Price Explodes 28% After Binance Founder Reveals Personal Purchase</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.</p>

Aster (ASTER) Price Explodes 28% After Binance Founder Reveals Personal Purchase

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