Aster News Today: Galaxy's ASTER Shift: Binance Backing Fuels 1,500% Surge and $2B DEX Ambitions

Galaxy Digital has transferred 1.913 million ASTER tokens to Binance, valued at $3.978 million, according to on-chain tracking by analyst @ai_9684xtpa. This follows a broader pattern of movement, with a total of 6.857 million ASTER tokens-worth $14.162 million-transferred to Binance since September 2025. The associated address (0xFB3...22833) still holds 57.67 million ASTER tokens on-chain, valued at approximately $118 million, indicating a strategic reallocation of assets . The transfers align with heightened market activity for ASTER, which saw a 1,500% price surge following its Binance listing on October 6, 2025, and the launch of spot trading pairs including ASTER/USDT and ASTER/USDC .

The Binance listing of ASTER, a decentralized exchange (DEX) platform, marks a significant milestone. Aster, formed through the merger of Astherus and APX Finance, combines yield-generating features with perpetual trading capabilities. The platform's TVL reached $2.4 billion at launch, supported by a token generation event in September 2025. Binance's early-stage token platform, Binance Alpha, facilitated the migration from APX to ASTER, converting on-platform balances automatically . This transition was bolstered by endorsements, including a public post from Binance founder Changpeng Zhao (CZ), which traders cited as a confidence signal during the token's initial rally .

Market speculation has intensified as on-chain data reveals large-scale transfers to Binance-linked wallets. Between October 1 and 2, 2025, multiple deposits totaling millions of dollars in ASTER were detected, mirroring patterns preceding major exchange listings. While Binance has not officially confirmed the listing, traders anticipate a spot listing as early as October 4, 2025, which could enhance liquidity and retail accessibility for ASTER . The token's price, currently trading at around $0.6, has attracted bullish forecasts, with some analysts suggesting a potential rise to $10 within a year, driven by Binance's support and the platform's TVL growth from $378 million to $677 million post-migration .

Aster's unique value proposition lies in its ability to offer yield-generating assets as collateral for perpetual trading, bridging TradFi and DeFi. The platform supports cross-chain trading on BNB Chain, Ethereum, Solana, and Arbitrum, with features like MEV-free execution and grid trading. Its TVL of $2 billion and open interest of $5 billion underscore its role in the decentralized perps market, where it competes with platforms like Hyperliquid . The recent influx of ASTER to centralized exchanges (CEXs) may signal institutional or whale confidence, given the token's integration with Binance's liquidity pools and staking programs .

The movement of ASTER to CEXs also reflects broader trends in crypto asset management. Galaxy Digital's actions align with its strategy to optimize liquidity and market exposure, particularly for high-growth tokens. The firm's holdings in ASTER, valued at over $118 million, highlight its position as a key player in the ecosystem. Meanwhile, Binance's role as both a listing venue and a liquidity provider underscores its influence in shaping token valuations through access to its user base and trading infrastructure .

: A. "Aster lists on Binance on Oct 6 after a 1,500% launch surge," crypto.ro

: Phemex. "Galaxy Digital Moves 1.913M ASTER Tokens to Binance," phemex.com

: CCN. "$ASTER Binance Listing Fuels October Price Speculation," ccn.com

: Cryptonews. "October 2 [LIVE] Aster Price Prediction: Binance Spot Listing Rumors Heat Up," cryptonews.com

: Aster DEX. "Claim Binance Wallet Exclusive Reward," docs.asterdex.com

Source: [1] A. "Aster lists on Binance on Oct 6 after a 1,500% launch surge" (https://crypto.ro/en/news/aster-lists-on-binance-on-oct-6-after-a-1500-launch-surge-can-the-rally-continue/)

[2] Phemex. "Galaxy Digital Moves 1.913M ASTER Tokens to Binance" (https://phemex.com/news/article/_24668)

[3] CCN. "$ASTER Binance Listing Fuels October Price Speculation" (https://www.ccn.com/news/crypto/aster-binance-listing-apx-migration/)

[4] Cryptonews. "October 2 [LIVE] Aster Price Prediction: Binance Spot Listing Rumors Heat Up" (https://cryptonews.com/news/october-2-live-aster-price-prediction-binance-spot-listing-rumors-heat-up-as-massive-wallet-transfers-detected/)

[5] Aster DEX. "Claim Binance Wallet Exclusive Reward" (https://docs.asterdex.com/usdaster/claim-binance-wallet-exclusive-reward)