Aster Price’s 26% Rally Defies Crypto Market Trends: Why?

Key Insights:

• Aster price jumped by 26% over the last 24-hours with a forecast estimating a market cap rally to $10 billion.
• If the market capitalization reaches this target, Aster price will test $4.
• The $1.13 spot is where the last wave of buyers stepped in. A pullback toward it wouldn’t break the setup but could slow things down.

Aster price jumped by 26% over the last 24-hours with an analyst on X betting on the cryptocurrency’s market capitalization to reach $10 billion soon.

As per the analyst, the main catalyst behind the rally is rising demand for the decentralized exchange token and a potential supply shock.

Expert Eyes $10 Billion Aster Market Cap Amid Rising Demand & 26% Jump

In his latest post on X, MoEthWhale doubled down on his conviction, arguing that Aster is marching toward a $10 billion market-cap milestone thanks to accelerating demand and tightening circulating supply.

He framed it as the early stages of a potential supply shock driven by rising usage of AsterDEX, consistent buybacks, and a shrinking float. If Aster does reach a $10 billion market cap with the current circulating supply of 2.37 billion tokens, the implied price would stand at approximately $4.22 per token.

The cryptocurrency finally pushed through the upper boundary of a tightening triangle after several months of trading sideways. On the daily chart, Aster price also recorded an 18% price uptick.

What stands out immediately is how orderly this structure has been. Each dip has been met with steady accumulation, forming a rising series of higher lows. At the same time, sellers struggled to force prices below the $1.85–$2.00 range, revealing a base that kept getting stronger with time. Once price broke above the triangle’s resistance, the market confirmed that demand is now outweighing supply.

The vertical projection drawn on the chart reflects what such a breakout could become: an extended move that recaptures the earlier highs and potentially pushes into uncharted territory. Momentum structures like this often develop when traders have been accumulating quietly for weeks and are finally ready to force a repricing.

Why’s Aster Outperforming the Crypto Market?

While most of the market has been bleeding, the analyst noted that $ASTER has been outperforming nearly every asset across chains.

Bridging over $2M in ETH to BNB just to buy more Aster reflects the kind of conviction that tends to appear long before a major trend becomes obvious to the majority. He points to the product, the founder Leonard, the team, and even hints that major institutions may be watching the project more closely.

At the same time, AsterDEX continues to post strong fundamentals. According to MoEthWhale, the platform is earning millions in daily revenue and running near-constant buybacks and burns. That steady reduction in circulating supply, paired with rising demand, is exactly the kind of environment where charts like this begin to lift vertically. If the pace continues, a genuine supply shock becomes possible—something the market has not priced in yet.

Technical Setup Shows Signs of Breakout Rally

Aster price formed a rounded bottom on the 1-day chart, a pattern that usually shows the market has been quietly shifting from a long cooldown into something a bit more optimistic. Instead of sharp swings, the pair spent weeks grinding out higher lows, letting buyers slowly build a base without drawing too much attention.

As that curve developed, price kept running into the same wall around $1.28–$1.30. Each attempt softened the resistance a little more, and now Aster is pressing against this ceiling with noticeably stronger momentum. The approach is steady, not explosive, which often indicates a healthier breakout setup.

If the price can close decisively above this level, the rounded bottom completes and the market opens room toward the $2.10–$2.15 region. The $1.13 spot is where the last wave of buyers stepped in. A pullback toward it wouldn’t break the setup, but it would slow things down and force the market to regroup before making another run at resistance.