Astar Network, a robust blockchain platform, has been featured in numerous noteworthy recent developments. The platform's price recently reached $0.0539, marking a potential recovery phase for the
ASTR coin. However, some speculations indicate a potential downtrend. The company plans to
burn 350 million ASTR coins, accounting for 5% of the total supply, a move that has excited the community. This action followed a
community vote, indicating community-centric decision-making.
Astar Network has also announced the launch of its Astar zkEVM on the innovative
Polygon AggLayer. This development marks a step forward in ASTR's integration with Polygon, aiming at Ethereum's scalability. Astar Network introduced
'Yoki Origins', a Quest platform powered by the Points SDK from Bandit Network and Brave Ads. In another strategic move, Astar became the first blockchain to integrate
Polygon's AggLayer.
It's worth noting that Astar Network is forming industry partnerships, as evident with its partnership with
Sony in a Web3 incubation program and
Casio via Astar zkEVM. These moves might have possibly influenced the 25% jump in ASTR's price. Alongside, Astar has also partnered with
Polygon to launch its Layer 2 on Ethereum and with others including
Startale Labs to strengthen Web3 adoption in Singapore.
Polychain and
Alameda Research led Astar Network's latest fundraising round, raising $22M, further showing confidence in its potential.
Astar Coin News Analytics from Sun, 16 Jan 2022 08:20:54 GMT to Tue, 06 Aug 2024 15:18:54 GMT -
Rating 6
- Innovation 7
- Information 5
- Rumor 4
