The cryptocurrency world loves rumors, and recently, many have been circulating about Binance founder Changpeng Zhao, higher often known as CZ, and his connection to the Aster DEX. Throughout a current Twitter Areas session, CZ cleared the air, saying neither he nor Binance formally helps the venture.
On the identical time, Aster has been making headlines with document buying and selling volumes and rising consideration within the crypto market.
CZ Clearing Up the Confusion
On September 27, 2025, CZ lastly addressed the hypothesis throughout a Twitter Areas session with the Aster group that his enterprise agency, YZiLabs, holds a small stake in Aster DEX. Nevertheless, he pressured that neither he nor Binance is formally backing the venture.
“I don’t have private investments in Aster, and Binance as an organization isn’t concerned.”
What has fueled confusion, he admitted, is that just a few former Binance staff are actually a part of Aster’s crew.
This delicate connection was sufficient for some out there to imagine CZ was deeply tied to the venture, particularly given Aster’s fast development. However CZ was agency in saying these assumptions have been exaggerated.
Aster Hit Report Buying and selling Quantity
Regardless of the clarification, Aster’s numbers have been laborious to disregard. The Multichain Perpetuals Change, constructed on the BNB Chain, has shortly risen to the highlight. In simply 24 hours, it clocked an eye-popping $46.9 billion in buying and selling quantity and now sits at a market cap of $3.4 billion.
For a venture this younger, the expansion has been nothing wanting outstanding.
This type of momentum naturally attracts hypothesis, and linking it to a determine like CZ solely amplified the hype. But, as he reminded listeners, not each fast-growing venture is secretly backed by Binance.
ASTER Worth Evaluation
After leaping 2227% final week, ASTER has cooled off amid the broader crypto market correction. As of now, the Aster token value hit $2.40 however is now consolidating round $1.98.
The worth motion has adopted earlier predictions, rising from backside to high after which pulling again. This reveals the token is transferring alongside the anticipated path.
In the meantime, ASTER wants to carry assist between $2 and $2.2. If it falls beneath this stage, it may drop towards $1.8, the place shopping for curiosity could improve.
