Astar Network (ASTR) Surges 44% Following Listing on Major Exchange

Additionally, the 24-hour trading volume experienced a substantial increase, soaring by 2,880% to $406,063,178. This development reflects the growing influence and demand for Astar Network in the cryptocurrency market.

Timeline of Astar

Astar Network (ASTR) is advancing its reach after South Korean mega exchange Upbit announced its plans to list the digital currency on its platform. This listing announcement sent the price of ASTR up 44% to $0.1194, with the 24-hour trading volume jumping parabolically to 2,880% to $406,063,178.

At the Token2049 conference in Singapore, Astar Network revealed it is joining forces with Polygon Labs to launch Astar zkEVM, a new Ethereum layer two scaling solution utilizing zero-knowledge proof technology. The collaboration aims to drive greater adoption of Web3 applications in the Japanese market and beyond.

Astar network (ASTR), one of the first parachains on the Polkadot blockchain, is leading the market's recovery today with its more than 12% price surge. At the time of writing, ASTR is changing hands at a price of $0.06563, a level that is propped up by the more than 59% jump in trading volume over the past 24 hours to $24 million.

Although the majority of the cryptocurrency market is going through a bit of a rough patch in recent weeks that has seen even its largest asset by market capitalization – Bitcoin (BTC) – drop below the $26,000 threshold, some cryptocurrencies, available under a low price per wholecoin, are demonstrating strong potential.

Astar Network, one of the most prolific parachains on the Polkadot network, has unveiled the Astar 2.0 Vision as it looks to pivot toward more futuristic innovations to contribute more to the evolution of the protocol as a whole. The Astar 2.0 Vision covers key aspects of the network as concerns token redesign, organizational structure and the technological foundations to boost the Web3.0 embrace.

Fireblocks has now incorporated Astar Network. With the new integration, over 650 banks and financial institutions can now tap into Astar's thriving DeFi ecosystem, as well as trade, swap, and lend digital assets on Astar via Fireblocks.

The Astar Foundation, the blockchain developer group behind Astar Network, a smart contract platform for multichain, announced on July 11 a strategic Web3 partnership with NTT Digital to create Web3 training programs and improve network infrastructure.

Astar Network, an EVM-compatible cross-chain platform, is set to accomplish impressive new milestones. Its ambitious Astar 2.0 Vision roadmap paves the way for a new level of interoperability, sustainability and developer friendliness.

The smart contract platform for multichain, Astar Network, announced on June 15 that it would be introducing ‘Astar 2.0 Vision' to drive mainstream adoption of Web3 to billions of people.

One of the largest railway companies in Japan scores a partnership with the most popular Japanese L1 blockchain, Astar Network. A series of commemorative non-fungible tokens will be released to the general public.