Astar Network, known for its native cryptocurrency
ASTR Coin, has announced the burning of
350 million ASTR tokens, which is approximately 5% of total supply following a community vote. This event significantly impacted the market perception, reflecting on the
price increase of ASTR Coin, which jumped around
25%. Additionally, it launched a next-gen smart contract,
zkEVM, marking an important step towards full integration with the interoperability protocol.
In partnership news,
Sony and
Toyota have announced collaborations with Astar for blockchain and Web3 incubation program, providing potential growth avenues. Astar system has also gained recognition in the industry, receiving the 'Product of the Year' award in Japan.
Considered a meme coin, ASTR has surprised market specialists and investors alike due to its 100X track record and
fast growth on major exchange listings. However, this does not undermine the
speculative nature this coin retains for some investors.
Analysts have praised Astar for its resilience amid the altcoin chaos, achieving a staggering 23% growth within two weeks. Notably, Astar Coin's price stood out for rocketing
186% since December, with predictions of reaching
$1 in 2024.
ASTR Coin News Analytics from Sat, 09 Sep 2017 09:45:16 GMT to Mon, 02 Sep 2024 07:00:00 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor 5
