Key Points
- Binance is set to list the Aster (ASTER) token, causing a surge in its price.
- ASTER’s listing on Binance comes with a seed tag, indicating higher volatility and potential risk.
The recent announcement of the leading cryptocurrency exchange, Binance, to list Aster (ASTER) on its platform has led to a price surge of the token.
This price increase is not surprising as it’s common for a token’s value to rise when listed by a significant digital asset service provider.
The current bullish trend in the broader cryptocurrency industry is also aiding the ASTER recovery.
Binance’s ASTER Listing With a Seed Tag
Binance disclosed its intention to list ASTER, adding that a seed tag will accompany the listing.
The listing is slated to go live on October 6, 2025, marking a major step for this next-generation decentralized perpetual exchange.
Binance will open trading for ASTER/USDT, ASTER/USDC, and ASTER/TRY pairs at 12:00 (UTC).
Deposits won’t be available until 09:00 (UTC) on the same day, and withdrawals will commence the next day at 12:00 (UTC).
The seed tag is a sign of higher volatility and potential risk, thereby urging users to trade cautiously.
This measure also safeguards the exchange from any blame that might arise from unwise trading by users.
Users intending to trade these tokens must pass quizzes every 90 days on either the Binance Spot or Binance Margin platforms and regularly agree to Binance’s Terms of Use to maintain their trading access.
Positive Sentiment Fuels ASTER Price Surge
Following this announcement, the ASTER price rose to $2.05, marking a 2.18% rally within the last 24 hours.
This increase follows an earlier drawdown caused by allegations of manipulation in its ecosystem.
The token has now improved its market capitalization and trading volume.
As per CoinMarketCap data, ASTER’s market cap currently stands at $3.48 billion, making it the 32nd largest cryptocurrency by this measure.
Also, its 24-hour trading volume has risen by 53.86% and is presently at $1.52 billion.
Apart from the recent Binance listing and the consequent price boost, Aster has had a successful year.
Last week, its CEO Leonard disclosed ambitious plans, which included a proprietary Layer-1 blockchain and a buyback program.
He also hinted at the potential Binance listing, which has now come to fruition.
