by Coinstrooper Crypto Articles
Quick Take
  • The partnership provides over 100 million Trust Wallet users access to 100+ markets with up to 100x leverage while maintaining control of private keys.
  • Technical analysis reveals that ASTER is breaking above the $2.00 resistance, with Fibonacci projections targeting a $2.95-$4.20 range.
  • Meanwhile, Myriad prediction markets assign a 41% probability of reaching $4 by the end of October.
  • Trust Wallet’s integration positions Aster DEX among a growing ecosystem of wallet-embedded trading solutions.

What Happened

ASTER price prediction scenarios intensified after Trust Wallet announced integration of perpetual contracts trading powered by Aster DEX, triggering a 38% surge to $2.26.

The partnership provides over 100 million Trust Wallet users access to 100+ markets with up to 100x leverage while maintaining control of private keys.

The partnership enables seamless perpetual futures trading without leaving the wallet environment, similar to centralized exchange experiences through decentralized infrastructure.

This is a strategic move, as one of its competitors, MetaMask, appears to be integrating perpetual trading through a Hyperliquid partnership, based on leaked GitHub repository code updates.

Similarly, Phantom wallet already launched perpetual futures on mobile, choosing Hyperliquid’s infrastructure to power the product.

Market Context

Meanwhile, Myriad prediction markets assign a 41% probability of reaching $4 by the end of October.

Major Wallet Integrations Signal Perpetual Market Shift

Trust Wallet’s integration positions Aster DEX among a growing ecosystem of wallet-embedded trading solutions.

In fact, daily futures volume reached $21.9 billion, surpassing rival Hyperliquid’s trading metrics.

The volume surge accompanied ASTER token’s journey to new all-time high levels, and it was trading at $2.35 at the time of writing.

Why It Matters

The milestone coincided with Aster protocol generating $8.56 million in 24-hour revenue, surpassing Circle’s $7.72 million and ranking second only to Tether among crypto protocols.

Technical analysis reveals that ASTER is breaking above the $2.00 resistance, with Fibonacci projections targeting a $2.95-$4.20 range.

Details

However, ASTER particularly benefits significantly from this integration as the wallet is also part of Binance co-founder CZ’s YZiLabs’ portfolio companies, as confirmed by CZ himself.

The DEX project has been getting strong support and backing from CZ, which significantly adds to its upward trajectory.

Aster’s revenue achievement places the protocol ahead of established giants like Circle, operator of USDC stablecoin infrastructure.

The $8.56 million daily revenue surpassed Circle’s $7.72 million, positioning Aster as the second-highest crypto protocol earner behind only Tether.

As growth continues to compound, the CEO of Aster DEX has confirmed its Layer 1 blockchain, Aster Chain, which is currently undergoing internal testing.

The custom blockchain promises sub-second finality, low fees, and trade privacy features designed to prevent front-running while maintaining transaction verifiability.

Technical Breakout Targets $4 Extension Level

On the technical side, ASTER’s hourly chart displays a clear bullish breakout from the $2.00 resistance level, currently consolidating around $2.35 following a 39% surge.

The technical structure reveals a solid support base between $1.30 and $1.40, which provided multiple bounce opportunities during previous corrections.

Fibonacci extension levels provide systematic upside targets with the first objective at $2.95, the second target at $3.64, and the third target reaching $4.21.

The measured move projections appear technically sound based on previous consolidation range width and standard breakout targets.

RSI readings around 64 indicate strong momentum without reaching overbought extremes that typically follow parabolic advances.