Astar (ASTR), a popular cryptocurrency, has been making headlines with several significant events. It experienced a surge after officials made a proposal to burn 350M ASTR tokens. These tokens, which represent 5% of the total supply, were burned following a community vote. This operation likely served to restrict the supply of tokens, potentially boosting their value. The network also unveiled
Astar zkEVM, launched on the
Polygon AggLayer, aimed at boosting the growth of its ecosystem.
Yoki Origins, a fusion of Web3 innovators and Japanese giants, was launched by Astar to support their platform. A partnership between Astar and Polygon has been announced focusing on layer 2 Ethereum scalability. Moreover, their collaboration with Bandit Networks and Brave Ads is expected to boost Astar zkEVM's Quest Platform. First users of Polygon's new
'AggLayer' was landed by Astar, while its coin value remains in a slight downtrend. Astar also developed smart contracts that support two virtual machines. The anticipation of adding 15 projects has led to the ASTR price doubling. Major corporations, such as Sony and Toyota, are joining hands with the network for web3 development and exploring blockchain use cases, reinforcing the coin's potential for innovative growth in the Web3 landscape.
Astar Coin News Analytics from Tue, 30 Nov 2021 08:00:00 GMT to Tue, 06 Aug 2024 15:18:54 GMT -
Rating -3
- Innovation 6
- Information 5
- Rumor 3
