Astar Network, a Japanese blockchain, has chosen to burn 350 million ASTR tokens, accounting for 5% of the total supply, following a community vote. This approach is predicted to significantly influence the
ASTR's recovery, as reflected in the price rise of up to 3%. Astar network's value has soared by 44%, after the token was included in a major exchange listing. This implies that investors should be vigilant while investing in Astar (ASTR), as per market specialists.On the technological front, Astar has launched the zkEVM on Polygon's AggLayer, making it the first to integrate Polygon's AggLayer. This is anticipated to boost Astar's ecosystem expansion, especially with collaborations like the Bandit Network's Points SDK and Brave Ads Powering its Quest Platform 'Yoki Origins'. The network has also collaborated with SNPIT to revolutionize blockchain photography.Furthermore, Astar has also joined forces with Polygon to launch its layer 2 on Ethereum. This collaboration is speculated to have a substantial impact on Astar (ASTR) and MATIC prices. Also, Astar executed a Web3 incubation programme with Sony, boosting Web3 implementation in Singapore. In line with Web3 adoption, Astar has announced partnerships with notable entities such as NTT Docomo and Toyota.On the flip side, despite launching zkEVM, the Aastr price still seems to be in a downtrend, which is a concern for the crypto market.
Astar Coin News Analytics from Tue, 30 Nov 2021 08:00:00 GMT to Mon, 08 Jul 2024 11:32:38 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 6
