ASTAR is a layer 2 blockchain network that specializes in scaling Web3 applications on the Ethereum network. It works on zero knowledge (zk) technology.
The developers can make use of this technology to build applications with the security of an existing layer 1 chain, thus reducing the transaction fee, and increasing the security and the throughput. ASTAR provides robust and secure scaling options.
ASTAR predominantly operates in Japan and is slowly expanding to Asia and other parts of the world.
Want to know more about this Blockchain network, its price prediction, and other details to make informed investment decisions? Keep reading this article
What is ASTAR Token?
ASTAR token is the native currency of the ASTAR network. Users who intend to suggest and vote for governance changes on the platform are required to own a certain amount of tokens.
They can also earn rewards and grants using this token.
The current market trends of the coin can be understood from the figures given below.
Current Market Price: $0.09432
Market Capitalization: $532,555,732
Fully Diluted Valuation: $796,164,022
24 Hour Trading Volume: $10,429,250
Circulating Supply: 5,646,327,621
Total Supply: 8,441,187,73
ASTAR Price Prediction 2024–2030: What are the Market Trends?
The current market price of ASTAR is $0.09432.
The short-term price prediction for May to December 2024 is given in the table below.
| Year | Yearly Low | Yearly Average | Yearly High |
| May 2024 | $0.11 | $0.12 | $0.13 |
| June 2024 | $0.13 | $0.14 | $0.15 |
| July 2024 | $0.13 | $0.14 | $0.15 |
| August 2024 | $0.14 | $0.15 | $0.16 |
| September 2024 | $0.14 | $0.15 | $0.17 |
| October 2024 | $0.15 | $0.16 | $0.17 |
| November 2024 | $0.16 | $0.17 | $0.18 |
| December 2024 | $0.17 | $0.18 | $0.19 |
The long-term price prediction for ASTAR for the years 2024, 2025, 2026, 2027, 2028, 2029, and 2030 is shown below.
| Year | Yearly Low | Yearly Average | Yearly High |
| 2024 | $0.15 | $0.19 | $0.23 |
| 2025 | $0.32 | $0.4 | $0.48 |
| 2026 | $0.68 | $0.86 | $1.03 |
| 2027 | $1.46 | $1.82 | $2.18 |
| 2028 | $3.07 | $3.84 | $4.61 |
| 2029 | $6.49 | $8.12 | $9.74 |
| 2030 | $13.72 | $17.14 | $20.57 |
The price of ASTAR is expected to increase by 269.75% by the end of 2025 and 304.39% by the end of 2030.
The market trends of ASTAR are not conducive to buying the token. The price prediction sentiment, as per the technical analysis indicators, is bearish.
23 technical analysis indicators show bearish trends while only 6 technical analysis indicators show bullish trends.
The 50-day SMA as well as the 200-day SMA are not favourable for the buyer with them being $ 0.117520 and $ 0.120702, respectively.
Where and How to Buy ASTAR Tokens?
ASTAR token is available and listed on major centralized exchanges such as Gate.io, Bitget, and Binance.
The process of buying an ASTAR token is given below.
- Select a crypto exchange where ASTAR is listed. The working of the exchange should cater to your preferences and requirements.
- Select a crypto wallet or keep ready other payment methods such as credit or debit cards that are compatible with the selected exchange.
- Create an account on the exchange. Select the relevant option on the purchase page of ASTAR.
- Deposit the required amount of currency in your wallet to conduct transactions, or complete the transaction using credit or debit cards.
- Once you have purchased the token store your ASTAR tokens in any hardware wallet or cold wallet. The Tokens stored in cold wallets won’t be vulnerable to security breaches.
Conclusion
It is clear from the price prediction data given above that ASTAR is not a profitable buy in the near future.
The short-term as well as long-term price rise is not up to the mark. So, it is advisable that investors do not invest in ASTAR tokens in the coming years.
Cryptocurrencies are highly volatile in nature; investors should be aware of the current market trends, price performance history of the token, and its development activities on-chain before investing.
