Crypto Potato
2025-12-22 18:46:05

Aster to Allocate Up to 80% of Daily Fees for ASTER Buybacks

Decentralized exchange Aster has announced the launch of Stage 5 of its ASTER buyback program, which is set to begin on December 23, 2025. ASTER witnessed a mild rebound on Monday shortly after the announcement. ASTER Buybacks Under this program, up to 80% of the platform’s daily fees will be used to repurchase ASTER tokens. Of this, 40% of the fees will go toward an automatic daily buyback, which will be executed on-chain each day to gradually reduce supply and provide consistent support for the asset. The remaining 20% to 40% of fees will be held in a strategic buyback reserve. Such a system in place will allow Aster to conduct targeted purchases based on market conditions. Both the automatic and strategic buybacks are fully on-chain and publicly verifiable, with wallets dedicated to each purpose. Interestingly, in November, ASTER saw a spike of over 30% and hit $1.30 after Binance co-founder Changpeng “CZ” Zhao revealed he holds over $2.5 million worth of the token. However, since then, its price has remained under intense selling pressure. The token has recorded a steady decline amid broader market weakness. Price action shows repeated lower highs and gradual downside momentum, as investors remained cautious. While ASTER continues to be almost 20% down over the past week, it appears to be attempting an uptick. Over the past 24 hours, the token rebounded by nearly 3%. It rose to $0.725, coinciding with the stage 5 buyback program. Resistance Zone Near $0.88-$0.90 Pseudonymous crypto trader, “DrBullZeus,” said that ASTER is currently trading near the bottom of its price channel and is showing extremely oversold conditions. According to the analyst, this setup could open the door for a short-term recovery, and potential upside could push it toward the $0.88 to $0.90 range, which represents key channel resistance levels. He also added that any near-term recovery would likely remain corrective in nature unless ASTER manages to break decisively above the $0.90 level, which would be needed to signal a stronger trend reversal. The post Aster to Allocate Up to 80% of Daily Fees for ASTER Buybacks appeared first on CryptoPotato .

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