Aster is rebounding after a pointy market crash, regaining key worth ranges.
DeFiLlama delisting, nevertheless, sparked belief considerations throughout the DeFi neighborhood.
Upcoming token unlock and delayed airdrop additionally pose new volatility dangers.
After struggling one among its steepest crashes up to now, the Aster (ASTER) cryptocurrency is as soon as once more displaying indicators of life.
The decentralised trade token has rebounded greater than 13% up to now 24 hours, recovering from a deep selloff that worn out over half of its market worth earlier this month.
The rebound follows a chaotic week within the crypto market that noticed greater than $20 billion in leveraged positions liquidated — the biggest single-day wipeout in digital asset historical past.
Aster, which had climbed to prominence after rebranding from APX, was hit notably exhausting, plunging practically 52% from its September highs round $2.30 to as little as $1.10.
The crash got here after a string of damaging occasions, together with its abrupt elimination from DeFiLlama, a $12 million token switch to Binance, and a delay in its extremely anticipated Stage 2 airdrop.
DeFiLlama delisting raises deeper questions
Aster’s elimination from DeFiLlama final week was greater than a easy knowledge correction. It reignited a broader debate about transparency and belief in decentralised finance (DeFi).
The analytics platform flagged Aster’s reported volumes for suspicious similarities with Binance’s perpetual market knowledge, suggesting the trade’s exercise won’t be completely natural.
For a challenge that had rapidly climbed to the highest of the DEX leaderboard, the delisting was a serious credibility blow.
The controversy highlighted a deeper concern inside DeFi of how a lot the supposedly trustless system nonetheless will depend on centralised gatekeepers to outline what’s actual.
Specialists be aware that roughly 1 / 4 of exchanges nonetheless show indicators of inflated exercise by way of wash buying and selling or automated self-dealing.
When DeFiLlama pulled Aster’s knowledge, some, like Bolivian, accused the aggregator of appearing as a centralised authority.
Others, like Simon Dedic, defended its choice, saying it protected the integrity of market knowledge. The incident served as a reminder that in a world constructed on transparency, belief stays the weakest hyperlink.
Aster airdrop delay and token unlock weigh on outlook
Including to the uncertainty is Aster’s upcoming Stage 2 airdrop, which the staff postponed from October 14 to October 20 after complaints about allocation discrepancies.
The builders have, nevertheless, confirmed that 4% of the token provide will quickly transfer from the Airdrop Reserve to the challenge’s Treasury contract, prepared for the unlock.
Heads up, neighborhood.
We’re shifting funds on-chain to organize for the upcoming Stage 2 $ASTER airdrop declare.A complete of 4% of $ASTER tokens shall be transferred from the Airdrop Reserve to the Aster DEX Treasury contract.
These are official transactions performed by the staff.…
— Aster (@Aster_DEX) October 13, 2025
Whereas the delay has quickly eased promoting stress, it has additionally raised considerations about future dilution.
Greater than half of Aster’s whole provide stays designated for upcoming airdrops, and the dearth of clear vesting particulars may spark volatility as soon as tokens enter circulation.
Bulls return, however resistance looms
Regardless of these challenges, Aster’s worth has rebounded sharply, buying and selling round $1.56 after recovering key assist at $1.50.
Technical indicators present bettering sentiment. The Relative Energy Index (RSI) has climbed above the impartial 50 mark, whereas the MACD has turned constructive, suggesting renewed shopping for stress.
A clear break above $1.60 may open the trail to $1.70 and ultimately the psychological $2 stage if momentum holds.
On-chain knowledge additionally helps the bullish flip. Aster’s whole worth locked (TVL) has risen barely to $2.16 billion, signalling that liquidity is slowly returning to the protocol.
The rebound in TVL, whereas modest, suggests customers are regaining confidence after final week’s panic.
Nonetheless, analysts warning that the sample resembles a “useless cat bounce” frequent after steep selloffs.
$ASTER this could be unpopular, however there’s a legitimate case to be made that regardless of the liquidation, Aster’s nonetheless forming one other decrease excessive whereas bulls attempt to regain momentum.
The rejection round $1.53 traces up fairly properly with each the highest of the descending channel and the… pic.twitter.com/FAztwhn2Pl
— Ardi (@AltcoinArdi) October 13, 2025
If the bullish stress fades, the value may retreat towards $1.25 and even $0.97.
