ASTER Deposits Flows Into Binance Wallets Following CZ Endorsement, Listing Incoming?

In a fresh development, multiple ASTER tokens have been sent to Binance spot wallets, following CZ’s endorsement of the token. Experts claim this could be a test phase towards a possible listing on the exchange.

ASTER Whale Deposits Signal Potential Binance Listing

On-chain trackers shared that multiple ASTER deposits are being made into Binance wallets, suggesting a listing could be on the horizon.

The activity revealed that an address sent a small test transfer of 20 tokens into spot Binance wallets. It was then immediately followed by a much larger transaction worth $4.8 million. 

Traders believe this pattern matches Binance’s standard listing preparation, where exchanges test inflows and outflows before officially launching support. A user also noted the exchange may be testing token withdrawals, which often precede a spot listing.

The excitement was amplified after CZ publicly praised ASTER. The founder highlighted the exchange’s discovery that the platform had become one of the largest holders of BSC-USDT outside Binance’s own wallets. He also praised its special hidden order feature and compatibility with multiple chains.  The token price increased by more than 1,500% in a week after Zhao’s support.

The new DEX platform has quickly established itself as a leader in perpetual trading. As CoinGape previously reported, the platform led DEX volume, handling over $42 billion in 24-hour volume and generating approximately $15 million in daily protocol fees. This revenue outpaces that of its rivals.

The exchange’s success has also extended to derivatives markets. According to CoinGlass data, open interest in the token increased by 7.57% to $1.2 billion. This implies an increase in traders’ confidence and speculative activity.

High-Profile Investors Back ASTER

Prominent investors and celebrities have also taken an interest in the DEX token. Popular YouTuber MrBeast recently added ASTER tokens, valued at approximately $320,000. He currently holds tokens worth over $1.5 million.

Even more striking, blockchain data tied to President Donald Trump’s wallet revealed a position of 55 million ASTER tokens, worth around $112 million. His involvement has fueled speculation that the token could attract institutional-scale buyers as it gains ground in the crypto space.

Momentum has also continued to build for the project. In less than two weeks since its launch, the platform has processed more than $1 trillion in cumulative trading volume. Supporters online have celebrated the achievement, calling it a sign of long-term potential.

Meanwhile, analysts are eyeing higher targets. Crypto analyst Crypto Sheriff declared that its chart “already looks extremely bullish” and predicted the token could easily reach $5 by the end of October.