Aster Completes 4th and 5th Stage Token Buyback and Burn Destroying 98.4 Million ASTER

Aster has permanently burned a total of 98,400,345.46 ASTER tokens across its fourth and fifth buyback stages. These burns were confirmed as 100% destroyed and verified on BscScan, with the sixth phase now underway as detailed in the announcement. The buyback program aims to reduce the circulating supply of ASTER tokens and potentially enhance token value by reinforcing liquidity and demand during volatile market conditions according to analysis.

The company has also launched its Aster Chain testnet, a milestone in the development of its custom layer-1 blockchain, with the mainnet targeted for Q1 2026 according to the roadmap. The testnet is designed to allow developers and users to explore and test features like Zero-Knowledge Rollups and Adaptive Block Production before the mainnet launch as outlined in the program details.