Key Takeaways
Why is ASTER showing strength despite Q4 losses?
ASTER is consolidating around the $1 psychological level, supported by whale accumulation and a carved solid floor, signaling structural resilience.
How could Coinbase’s listing impact the altcoin?
Coinbase sees $4.3 billion in trading volume, and the listing could catalyze liquidity flows, positioning the altcoin among the top-traded DeFi assets.
On a micro level, token listings are a major catalyst for any asset.
Keeping this in mind, Coinbase has added Aster [ASTER] to its listing roadmap, meaning it’s cleared key technical and regulatory checks, so a legit listing could be on the horizon.
Why does this matter?
Coinbase’s Spot exchange saw $4.3 billion in 24-hour trading volume on CoinMarketCap, making it the second largest Centralized Exchange (CEX) after Binance based on daily volume.
Source: CoinMarketCap
With that kind of liquidity, a full listing could drive serious activity.
Plus, with Coinbase on board, ASTER could quickly climb the ranks among the world’s top-traded DeFi assets, especially since it is already live on major CEXs like Binance, Robinhood, OKX, Bybit, Bithumb, and more.
Its Total Value Locked (TVL) was approximately $1.48 billion at press time, which is significantly lower than its peak of $2.44 billion. That said, the drop kicked in right when the market crashed.
So, could Coinbase hype trigger liquidity flows and get whales stacking again?
ASTER holds $1 level amid Q4 capitulation and Coinbase buzz
Aster has kicked off Q4 on a bearish note.
After a massive 270% surge in Q3, the momentum couldn’t hold. Instead of a simple cooldown, ASTER went through a full-blown capitulation, fueled by overheated derivatives, whale dumps, and rumor-driven market frenzy.
The result? ASTER was now down 35.7% for the quarter. That said, zooming into the daily chart, ASTER showed resilience, chopping tightly around the $1 psychological level despite the market crash in early November.
Source: TradingView (ASTER/USDT)
From a technical perspective, this $1 chop could indicate consolidation.
That’s backed up by $6.47 million in ASTER accumulation by whales, which adds weight to the thesis.
Analysts noted that much of the selling pressure may be behind the altcoin, helping it carve a solid floor here.
In this context, the recent Coinbase announcement makes timing crucial.
With ASTER building structural resilience, it’s likely just a matter of time before DeFi liquidity flows back in. This listing could act as a catalyst, setting the stage for the next leg up in momentum.
