Weekly Gains Erased: The Binance Labs-backed token $ASTER ($ASTER) has lost all its recent weekly gains following a broader cryptocurrency market pullback.

​Initial Surge: Driven by a new tokenomics update, the token had initially exploded by 28%, jumping from $0.63 to over $0.82.

​The Tokenomics Strategy: Modeled after Hyperliquid's design, the new update dictates that 99% of Aster's revenue will be used for token buybacks, with the ultimate goal of burning 5 billion $ASTER tokens.

​Bulls Stalled: Despite the highly bullish buyback catalyst, the upward momentum was stopped short as it hit a key 2026 sell zone alongside the broader market correction.