Astar Network, a Japanese blockchain, proposes to burn 350 million ASTR coins, equivalent to a notable 5% of its total supply. This move has directly impacted the price of ASTR, causing it to rise about 6%. Notably,
Sony has announced a partnership with Astar to launch Ethereum Layer 2
Soneium, showing significant promise of ASTR’s growth in the future.
In the web3 scene, Sony's collaboration will hasten the incubation program, and
Toyota has also publicized a partnership with Astar for a future hackathon. Astar Network's integration with the
Polkadot ecosystem has further sparked interest in the market. However, despite these advances, the ASTR price remains in a downtrend.
On the other hand,
Binance has announced 50 new crypto pairs for its Spot Copy Trading, including ASTR, paving the way for easy conversions and attractive trading options. Notwithstanding minor ASTR price corrections, it has shown definite growth over the fortnight, achieving a 23% increase.
As the trend gathers pace, Astar Network has been cited as one of the fastest-growing cryptocurrencies to watch. Although the future of the token remains speculative, projections for the year 2024 indicate rising trends, stimulating investor interest.
ASTR Coin News Analytics from Sat, 09 Sep 2017 09:45:16 GMT to Wed, 13 Nov 2024 10:52:34 GMT -
Rating 3
- Innovation 8
- Information 5
- Rumor -1
