ASTR (Astar) rose 8.11% in the last 24 hours.

Gate News Bot news, on November 28, according to CoinMarketCap data, as of the time of writing, ASTR (Astar) is currently priced at 0.01 USD, rising 8.11% within 24 hours, with a high of 0.01 USD and a low of 0.01 USD. The current market capitalization is approximately 118 million USD, an increase of 8.8 million USD compared to yesterday.

Important news about ASTR recently:

1️⃣ Astar ecosystem continues to expand Astar Network, as an important project within the Polkadot ecosystem, has recently made significant progress in cross-chain interoperability and smart contract functionality. Its WebAssembly-based smart contract platform has attracted more developers, boosting network activity.

2️⃣ DeFi application rise drives demand The number and quality of decentralized finance (DeFi) applications on Astar have improved, especially in cross-chain asset management and liquidity mining. The user growth of these applications has directly driven the demand for ASTR tokens.

3️⃣ Technical upgrades enhance network performance The Astar team has recently completed a series of technical upgrades that significantly improve the network's throughput and transaction processing speed. These enhancements strengthen Astar's competitiveness as a high-performance blockchain, making it more attractive to project teams and users.

From a technical perspective, ASTR has shown a rising trend after breaking through recent resistance levels and may continue to test higher price points in the short term. However, given the overall volatility of the cryptocurrency market, investors should still be cautious and pay attention to market risks.

This message is not intended as investment advice; investors should be aware of market volatility risks.