ASTER token debuted on Robinhood, but the price remains under pressure

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The ASTER project has reached one of the biggest milestones in its development — the token has officially appeared on the Robinhood platform, one of the most popular trading venues for retail investors in the US. However, contrary to expectations, the market reacted to this event without enthusiasm: the token’s price fell, reflecting traders’ caution amid the overall volatility of the crypto market.

Listing on Robinhood — a step towards mass recognition

The official announcement of ASTER’s addition appeared on X (formerly Twitter) with a reference to analyst Crypto Tony, who confirmed that the token is now available for trading on Robinhood.

This event opens up access for the project to millions of new users who previously did not have the opportunity to trade ASTER through centralized exchanges. Analysts call the listing an important step towards strengthening the project’s legitimacy and its integration into mainstream infrastructure.

Nevertheless, the market reaction was restrained. According to CoinMarketCap, ASTER is trading around $1.30, which is 10% lower over the day and more than 27% below the weekly peak. The token’s market capitalization is currently about $2.62 billion.

Technical picture: the market seeks balance

On the hourly chart, ASTER shows weak dynamics after a surge in activity caused by the listing news. The Relative Strength Index (RSI) remains around 42 points, indicating a neutral zone — the asset is not overbought, but also does not show signs of recovery.

On the hourly chart, ASTER shows weak dynamics after a surge in activity caused by the listing news. The Relative Strength Index (RSI) remains around 42 points, indicating a neutral zone — the asset is not overbought, but also does not show signs of recovery.

The MACD indicator is also close to crossing the signal line, indicating a likely consolidation before a new directional move. Analysts note that the market may take a pause after a period of heightened volatility.

‘ASTER’s current behavior is typical for major listings. Rallies often occur with a delay, when liquidity stabilizes and retail trader interest increases,’ explained analyst Crypto Tony.

Why the reaction was weaker than expected

Experts link ASTER’s sluggish dynamics not to the project itself, but to broader market factors. Against the backdrop of Bitcoin weakening and traders taking profits, many altcoins are showing similar behavior.

In addition, new listings on Robinhood in the past have often followed a similar scenario: a short spike in interest, then a cooling-off period, after which the asset gained momentum amid growing liquidity and recognition.

Long-term signal for investors

Despite the short-term decline, the listing of ASTER on Robinhood is considered a strategic success. Now the token becomes available to the widest audience of retail investors, which may play a decisive role in the next growth cycle.

For the project, which is actively developing a smart contract ecosystem and integration with Web3 platforms, this event may become the basis for further growth in trust and demand. ‘Listing is not an instant price driver, but recognition of the project’s maturity.’

Now ASTER officially joins the pool of tokens available to millions of users, and this may become the starting point for the next stage of growth,’ noted The Block analyst.

What’s next?

In the short term, the token will likely remain in the $1.20–$1.40 range until the market determines a direction. But the long-term outlook looks positive: integration with Robinhood may become a catalyst for expanding the user base and attracting institutional attention.

If market sentiment recovers and liquidity grows, analysts do not rule out ASTER returning to the $1.80–$2.00 levels, and in the case of a strong bullish impulse — updating historical highs.

Read more: CZ challenges Coinbase: ‘If you added BNB — support projects on our network too’

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