All eyes are turning to Aster as the project approaches a 10.28 million token unlock this week, an event that could influence short-term price dynamics. Rather than the size of the release alone, traders are focused on whether the market can absorb the new supply without triggering heightened volatility.
What the Upcoming Aster Token Unlock Means
A recent report by Tokenomist indicates that Aster is set to unlock 10.28 million tokens, worth $8.14 million, into circulation this week. Interestingly, the upcoming unlock is part of the platform’s tokenomics structure, which includes linear vesting of tokens to prevent supply shocks during releases.
Furthermore, the tokens subject to vesting are portions allocated to airdrops, the team, the treasury, the ecosystem, and the community. Additionally, it’s worth noting that the Aster token unlock schedule is also expected to run until sometime in 2032. Currently, only 2.375 billion tokens, representing 29.69% of its 8 billion total supply, are in circulation.
Meanwhile, Tokenomist data also shows that Aster is the only one out of the platforms set for large linear token unlocks this week. According to the report, 9.42 billion RAIN tokens worth over $75 million are also expected to unlock into circulation.
Furthermore, 700,000 AVAX tokens, worth over $10 million, will be released into the market this week. Additionally, five other tokens, including Solana, WLD, RIVER, TRUMP, and DOGE, are expected to flood the market in large quantities this week.
Investor Sentiment and Market Expectations
Ahead of the unlock, investor sentiment around Aster appears mixed. Some traders are adopting a cautious stance, reducing exposure in anticipation of potential volatility. Others see the event as already priced in, arguing that markets have grown more efficient at anticipating token unlocks.
Historically, similar unlock events across the broader crypto market have produced varied outcomes. In some cases, prices dipped briefly before stabilizing, while in others, strong demand offset any increase in supply.
Interestingly, aside from the linear token unlocks, the market is also bracing for some major cliff unlocks, bringing the total unlock value for this week to over $657 million. According to crypto analysts, such massive unlocks have the capacity to shift market dynamics in the near term.
Aster Price Performance Under the Spotlight
ASTER’s price action is now firmly in focus as its first unlock for the year approaches. In recent sessions, the token has shown signs of brief recovery as the crypto market once again trades in the green zone. According to CoinMarketCap, Aster has posted a modest 0.1% surge in the past 24 hours, trading around the $0.756 mark.
If ASTER manages to hold its current range post-unlock, it could signal strong market absorption and renewed optimism. On the downside, a sustained drop would indicate that supply pressure is outweighing demand in the short term.
Temitope Olajide
The CoinRemark Team
