Aster

Higher

Surge

<p>The price of Aster (ASTER) jumped more than 10% in the past 24 hours, rising to around $0.66 and outperforming the broader crypto market, which has remained mostly flat. Analysts say the rally is mainly being driven by rising activity on the Aster decentralized exchange and a recent technical breakout.</p><h2 class="wp-block-heading" id="h-surge-in-dex-trading-volume-boosts-demand">Surge in DEX trading volume boosts demand</h2><p>The biggest reason behind the price increase is a sharp rise in trading activity on the Aster perpetual futures exchange. Over the last 24 hours, Aster’s DEX processed more than $3 billion in trading volume, bringing it closer to sector leader Hyperliquid.</p><p>Higher trading activity typically increases demand for the ASTER token because it is closely linked to the platform’s usage. This surge in utility provides a stronger fundamental reason for the price rally rather than purely speculative buying.</p><h2 class="wp-block-heading" id="h-break-above-resistance-attracts-traders">Break above resistance attracts traders</h2><p>Aster’s price also moved above the important $0.65 resistance level, a technical breakout that often signals improving short-term sentiment. The move was supported by a 27% jump in overall trading volume, suggesting strong participation from traders and momentum buyers.</p><p>If the token continues to hold above the $0.65 level, the next potential upside target could be near $0.80 in the short term.</p><h2 class="wp-block-heading" id="h-upcoming-token-unlock-creates-short-term-risk">Upcoming token unlock creates short-term risk</h2><p>Despite the positive momentum, traders are also watching a scheduled token unlock on February 17, which could temporarily increase supply in the market and create volatility. If the price falls back below $0.65, analysts warn the token could retest lower support levels near $0.59.</p><h2 class="wp-block-heading" id="h-outlook">Outlook</h2><p>Overall, Aster’s latest rally appears to be driven by a combination of strong exchange usage, rising trading volumes, and a technical breakout. The key question for the coming days will be whether the platform can maintain high trading activity and hold above the newly reclaimed support zone ahead of the upcoming token unlock event.</p>

Why Is Aster Price Rallying Today?

Table of Contents

CoinPedia News

Other articles published on Feb 11, 2026

Bitcoin Whale Accumulation Hits $4.7B as ETFs See Outflows

Ice Open Network Online+ Sees 25% User Growth In January

Trump Says Rate Cuts Could Lower US Debt

Hong Kong Moves to Regulate Crypto Perpetual Futures Trading

How I Turned $10,000 Into Almost $80,000 With WBT and Why I Am Still Holding

Robinhood launches testnet for Ethereum L2 Robinhood chain

Join our free newsletter for daily crypto updates!