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EN
Can Aster’s 99% buyback drive the price higher? What could stop it?
['Evans Boto', 'Written By', 'Reviewed By', 'Adewale Olarinde', 'Muriuki Lazaro', 'Gladys Makena']
AMBCrypto
Between July 27th and August 10th, Aster allocated 99% of daily platform fees to ASTER buybacks.
At the same time, estimates placed 5.30% to 8.10% of ASTER’s supply in staking.
However, scarcity alone may not drive price higher.
Buyers must still absorb available supply near resistance.
This kept $0.620 to $0.622 as ASTER’s near-term upside battleground.