After slashing monthly token unlocks by ↗97%

, ASTER surged nearly

↗10%

to

, with multiple positive signals aligning.

Multiple catalysts converging

The dramatic token unlock reduction coincided with ASTER leading the altcoin recovery over the past 24 hours. Traders betting against the token faced significant losses, with 1.6x more pessimistic positions getting squeezed than optimistic ones during this period.

Available supply tightening significantly

The

↘97%

reduction in monthly token unlocks dramatically reduces future selling pressure. With only 33.7% of maximum supply currently in circulation, this creates scarcity that could support prices going forward.

Recovery gaining traction

After falling to approximately $0.588 on June 6, ASTER rebounded roughly

↗7%

with positive sentiment building across social media. Traders are showing willingness to pay premiums to hold positions, signaling growing confidence in the recovery.