Astar Network has been making waves with numerous updates. The network recently announced its plans to burn 350 million ASTR tokens, which equates to 5% of the total supply, a move that has been followed by a steady rise in its price. The Astar Foundation unveiled a large token burn and dropped hints for a possible future allocation for auction. Astar's partnership with Sony to launch Ethereum L2 Soneium helped increase its price by 6%. The collaboration with
Sony and its Layer-2 Blockchain Soneium has opened the door to mass Web3 adoption.
Astar also gained traction due to major exchange listing, resulting in a considerable price surge. Reputed companies like Toyota and Samsung have shown interest in Astar with collaborations revolving around web3 applications and adoption. Toyota sponsored Astar's hackathon, aiming to experiment with blockchain use cases. Furthermore, Astar's core developer received an investment from Samsung and UOB amounting to $3.5 million with the objective of accelerating Web3 adoption.
Existing information about Astar Network's
zkEVM launch, Upbit listing, and partnership with Polygon shows its potential to grow. Notably, Astar launched its 'Astar 2.0 Vision', showcasing the next generation of smart contracts with WASM. The ArthSwap, Astar based DEX platform, initiated IDO and Launchpad, adding to the network's growth.
Astar also made several guides available on how to add the Astar Network to MetaMask and how to earn ASTR tokens, thus expanding user knowledge and engagement.
ASTR Coin News Analytics from Tue, 30 Nov 2021 08:00:00 GMT to Sun, 24 Nov 2024 23:32:34 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 3
