Aster popped over 10% on radical ‘buyback and burn’ upgrade. But gains were short-lived

ASTER sees two-way volatility as bullish protocol-specific news meets hawkish Fed.

Melinda 1 hour ago 2 minutes read

Markets

Aster popped over 10% on radical ‘buyback and burn’ upgrade. But gains were short-lived

ASTER sees two-way volatility as bullish protocol-specific news meets hawkish Fed.

By Omkar Godbole|Edited by Jamie Crawley

Jun 18, 2026, 11:02 a.m.

2 min read

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ASTER's price. (CoinDesk) — ASTER’s price. (CoinDesk)

Summary

Aster’s ASTER token surged more than 10% Wednesday after the token announced a massive buyback and burn program.
The rally faded as a hawkish Federal Reserve decision pressured risk assets, leaving ASTER trading around 68 cents, down about 5% on the day at press time.

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Why it matters:

In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.

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