I'm watching Aster as altcoins are starting to recover
I’ve been keeping $ASTER on my watchlist because the timing of this move is pretty interesting.
Altcoins are finally getting some relief, with the total crypto market cap up around 1.4% in the last 24 hours. A lot of names are bouncing, but ASTER moving close to around 10% makes it stand out a bit more for me.
The main reason I’m paying attention is that there are actual catalysts behind it. The permissionless listing vote is live, so stakers have more say in what gets listed, and it also gives people a reason to lock up supply instead of just trading in and out.
The RWA perp side is also worth watching. SpaceX pre-IPO perp exposure and HK stock perps like Tencent and Xiaomi give Aster a different angle from the usual perp DEX narrative. And I have been tradingg it on Bitget so far since liquidity there has been decent, but I’m mostly watching to see whether the RWA narrative keeps gaining traction from here.
I’m not calling this a guaranteed breakout or anything. Macro is still messy, and the next inflation print could shift the whole mood fast. But when altcoins start recovering, I usually look for projects with a clear narrative and growing attention.
Right now, ASTER fits that list for me. Curious what others think. Is this just another bounce, or does the RWA perp angle actually have room to run?