Binance co-founder CZ confirmed his purchase of Aster tokens, with the price rising by more than 20%

Binance CEO and co-founder Changpeng Zhao (CZ) announced on Twitter that he had purchased Aster (ASTER) tokens with his own funds. He emphasized that he was doing so not for speculation, but for the purpose of long-term ownership.

CZ's Statement

In his tweet, CZ noted that he does not trade and prefers to hold assets he believes in strategically. He stated, "I am using my own funds to purchase some Aster tokens. I am not a trader, I am a holder." This statement immediately attracted the attention of the crypto community.

Market Reaction

Following the tweet, the price of the Aster (ASTER) token reacted sharply. Within 24 hours, the price increased by more than 20%, reaching $1.19. Trading volume also more than doubled compared to the previous day, indicating strong investor interest.

The market immediately perceived CZ's tweet as a signal of confidence in the project. Participants note that statements by Changpeng Zhao traditionally have a strong impact on altcoin prices, especially when he mentions specific assets he personally invests in.

Against the backdrop of ASTER's price rise, analysts have recorded a significant increase in new addresses and activity in the project's smart contracts, further indicating growing interest in the token.

What is Aster

Aster is a next-generation decentralized protocol that combines DeFi infrastructure and modular blockchain solutions. The project positions itself as a bridge between the liquidity of traditional assets and tokenized products. Thanks to the support of major funds and a growing TVL (Total Value Locked), Aster has become one of the most talked about assets of October 2025.

In Conclusion

The purchase of Aster tokens by Binance co-founder confirms institutional interest in the project and strengthens its reputation in the market. Although CZ noted that his actions do not constitute financial advice, the market reaction shows that the influence of his personal statements on the crypto industry remains significant.

At the time of publication, the Aster token (ASTER) is trading around $1.19, remaining among the daily gainers.