Astar (ASTR) worth: sellers dent uptick after main alternate itemizing

• Astar (ASTR) worth rose to highs of $0.059 after information of itemizing on Bithumb.
• ASTR has nonetheless pared a number of the positive aspects to commerce close to $0.053 amid revenue taking.

Astar (ASTR) rose to a multi-week excessive on Thursday, reaching an intraday peak of $0.059 as market response to information of a serious alternate itemizing buoyed bulls.

Nevertheless, with sellers nonetheless largely current, ASTR has pared many of the day by day positive aspects and at present traded close to $0.053. Per information on CoinGecko, the cryptocurrency’s worth has a 24-hour and seven-day upside of two.5% and 4.4% respectively on the time of writing (11:30 am ET).

Astar worth soared after Bithumb itemizing information

A tweet from Sota Watanabe, founding father of Astar Community, on Thursday highlighted the native ASTR’s itemizing on Bithumb, one of many largest cryptocurrency exchanges in South Korea. With the information got here the shopping for stress, a state of affairs that catapulted ASTR/USD from lows of $0.052 to close $0.060.

Notably, the spike within the USD pair got here whilst Bithumb added assist for ASTR/KRW, driving quantity throughout the nation.

$ASTR/KRW pair is lastly listed on Bithumb, one of many largest Korean exchanges.

We secured Japan 🇯🇵and now I’m excited to enter the Korean market 🇰🇷https://t.co/jPWAEaatal

— Sota Watanabe (@WatanabeSota) September 21, 2023

The itemizing on the Korea-based alternate comes after Astar Community, which is Japan’s main blockchain, launched its extremely anticipated zero data (ZK) layer 2 chain Astar zkEVM on Ethereum. 

Astar’s L2 scaling answer is powered by the Polygon CDK. In line with the Astar and Polygon groups, the brand new ZK-powered chain brings transaction pace, scalability and safety to companies and enterprises. It’s a part of the roadmap to delivering international adoption for Web3.

Astar & Polygon teaming as much as deliver Ethereum Layer 2 scaling to Japan! 🤝

With Polygon CDK, we’re constructing a trustless bridge to Ethereum with excessive EVM equivalency proper out-of-the-box, so dApp builders can use present instruments to construct options throughout our total ecosystem! 🏗️ https://t.co/DvLCsSffHM

— Astar Community (@AstarNetwork) September 14, 2023

ASTR additionally lately listed on Swyftx, one of many main crypto exchanges for Australia and New Zealand. The token additionally lately debuted on Huobi.