Changpeng Zhaoโs endorsement propelled Aster DEX token ASTERโs value by up to 7,000% since September 2025, significantly impacting crypto markets from his advisory involvement.
This has increased trading activities, benefiting the BNB Chain and enhancing market interest demonstrated by surging institutional volumes.
ASTER Token Surges by 7,000% Post-Zhao Endorsement
The ASTER token experienced a remarkable price surge, climbing as high as 7,000%. This spike is linked to Changpeng Zhaoโs endorsement and advisory involvement with Aster DEX, significantly influencing the crypto market.
Changpeng Zhao, former Binance CEO, holds an advisory role in Aster DEX. He affirmed that his endorsement could strengthen the BNB Chain ecosystem. As Zhao stated, โAster is a very strong projectโฆ ultimately strengthening the broader BNB Chain ecosystem by expanding on-chain trading activity.โ
ASTER Market Cap Exceeds $3 Billion Amid Volume Surge
The rapid increase in the ASTER tokenโs value resulted in a market cap surpassing $3 billion. This rise emphasizes the substantial impact of Zhaoโs involvement and the elevated trading volume showcased their competitive edge.
The market response unveiled a significant shift, with ASTERโs daily trading volume briefly exceeding $46 billion. This feat positioned Aster DEX ahead of rivals like Hyperliquid, suggesting potential technological and financial opportunities.
Changpeng Zhaoโs Endorsement Fuels Significant Market Rally
Similar to earlier Binance ecosystem launches, Zhaoโs endorsement sparked a market surge. The โCZ Effectโ is renowned for driving key rallies, akin to movements witnessed with DeFi protocol launches.
Industry experts observe that this event may further bolster BNBโs on-chain activity, illustrating a pattern seen with past influential endorsements.
Analysts highlight that Zhaoโs approach typically fosters substantial market enthusiasm and engagement.
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