ASTER Token Price Skyrockets Post Trust Wallet Collaboration
In a move that is set to shake up the cryptocurrency market, Trust Wallet has partnered with the Aster network to bring perpetual futures trading to the masses. With the promise of over 100 markets and up to 100x leverage, this strategic collaboration is poised to revolutionize the way traders interact with digital assets.
As the market responds to this exciting news, the ASTER token price has seen a massive breakout, building on its recent positive trend. This leaves many to wonder what’s next for the cryptocurrency.
Aster Joins Hands with Trust Wallet
The Aster ecosystem has been making significant strides over the past few days, with its price soaring to astounding heights. Adding more momentum to the prevailing positive sentiment, the blockchain has partnered with Trust Wallet, a leading self-custody Web3 wallet with over 210 million users. This move aims to introduce perpetual futures trading capabilities to Trust Wallet’s vast user base, complete with up to 100x leverage and access to over 100 markets. In an X post earlier today, Trust Wallet announced,
“Perps are coming soon to Trust Wallet. 100+ markets & up to 100x leverage. Powered by Aster DEX. Advanced trading, designed for everyone.”
Significantly, the Aster-Trust Wallet collaboration enables the wallet users to access perpetual trading features, leveraging ASTER’s technical infrastructure. It expands the self-custody wallet’s functionality from simple asset storage to more complex trading activities, providing users with greater flexibility and potential for growth.
The official X page of the Aster network has also announced the development. In an X post, the team wrote, “Trust the process and we’ll handle the rest.”
Community Cheers On
Interestingly, the crypto community is brimming with optimism about the Aster-Trust Wallet collaboration, eagerly anticipating its benefits. They highlight the potential advantages of combining Aster’s advanced trading capabilities with Trust Wallet’s user-friendly interface. Community members are enthusiastic about expanded trading opportunities and potential for growth.
In response to the partnership announcement, Binance founder and former CEO Changpeng Zhao wrote, “Two portfolios working together.” This support has further boosted the community’s optimism, with many looking forward to seeing more growth.
Significantly, the community views Trust Wallet’s foray into perpetual trading via Aster as a bold move. The move is expected to introduce a large number of casual users into real trading. However, the success of this integration reportedly lies in delivering a seamless user experience and low fees. If executed well, it could potentially rival established platforms like dYdX and Hyperliquid, noted a community member.
Aster Price Soars
Over the past few days, the ASTER token has been showing immense growth, capturing the attention of traders and analysts alike. Since its launch on September 18, the token has been experiencing a positive climb, with the price targeting new highs in the cycle.
Earlier today, ASTER saw a new all-time high of $2.4067. Although the price has now plummeted from the high, it is still trading in green. At press time, the ASTER token is valued at $2.21, marking a notable surge of 21% in a day. Since its launch, the token has skyrocketed by a massive 2535%.
This positive trend is also evident in the growing investor interest. Currently, the 24-hour trading volume is marked at $3.22 billion, up by 50%. The market cap has also increased, surging to $3.71 billion, ranking 34th on CoinMarketCap.
