Binance’s Changpeng Zhao Triggers 20% ASTER Spike With 2M Token Buy

Binance’s CZ Sparks 20% Rally in ASTER After Multi-Million Token Purchase

ASTER, the rebranded token of a derivatives-focused decentralized exchange, jumped nearly 20% after Binance founder Changpeng “CZ” Zhao purchased roughly 2 million tokens, triggering a wave of market speculation and renewed interest in the project.

Traders saw the high-profile purchase as a strong endorsement from one of crypto’s most influential figures, fueling a sharp rally that made ASTER one of the day’s top-performing tokens.

Launched in September 2025 following a token-generation event, ASTER emerged from the merger of several older derivatives tokens — including APX — under a new brand and token model. The token has a maximum supply of 8 billion, with more than half reserved for community incentives, airdrops, and ecosystem rewards aimed at driving user adoption.

Positioning itself as a hybrid decentralized exchange, ASTER integrates both perpetual and spot trading across multiple blockchains, offering features such as hidden orders, high leverage, and cross-chain execution designed to compete with leading DEXs.

CZ publicly praised the project, calling its relaunch a “strong start.” On-chain data cited by analysts shows a wallet associated with ASTER accumulating large amounts of USDT, now ranking among the biggest wallets on BNB Chain outside Binance’s own holdings.

Despite the enthusiasm, analysts warned that ASTER’s rally may prove short-lived. The token faces headwinds from its large supply, heavy competition from projects like HYPE, and a narrative-driven surge not yet supported by significant trading or revenue growth.

For now, the market is watching whether CZ’s endorsement translates into sustained adoption — or just another brief spike in the ever-volatile DEX token landscape.