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Aster's ASTER token buyback removes millions but price stays near $0.61 with limited buying momentum.

Protocol Fundamentals
30 Jul 2026
AMBCrypto
View Source
Neutral
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Aster has repurchased about 5.3 million ASTER tokens since late June, using 99% of its daily platform fees to buy back tokens and burn an equivalent amount from reserves. Despite these efforts to reduce supply, the token price remains around $0.61, below the post-tokenomics announcement average price of $0.664, indicating the buyback has not yet sparked sustained buying interest. Trading volume and buying pressure remain low, suggesting the market has not fully responded to the buyback program. The token faces support near $0.59-$0.60 and resistance around $0.62-$0.65, with a key level at $0.664 to confirm stronger market demand.

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