Binance-Backed ASTER Token Surges as Privacy-Focused L1 Blockchain Plans Unveiled

The native token of Aster, a privacy-focused blockchain project, experienced a significant 9% surge in value, accompanied by a 71% spike in trading volumes, reaching $900 million. This upward momentum follows the project's announcement of its plans to develop a proprietary layer-one blockchain. The new network aims to achieve over 150,000 transactions per second (TPS) with 50-millisecond block times, positioning itself as a scalable evolution of Zcash's vision. Additionally, Aster's BNB Chain-based perpetual futures decentralized exchange (DEX) has consistently outperformed Hyperliquid in derivatives trading volumes, further solidifying its competitive edge in the market. As of November 13, 2025, the project continues to attract attention for its innovative approach to privacy and scalability in the blockchain space.

Privacy-Focused L1 Blockchain Plans Propel ASTER Token Amid Derivatives Market Competition

Aster's native token surged 9% with trading volumes spiking 71% to $900 million as the project unveiled plans for a proprietary layer-one blockchain. The privacy-focused network aims to achieve 150k+ TPS with 50ms block times, positioning itself as a scaled evolution of Zcash's vision.

The BNB Chain-based perpetual futures DEX has repeatedly outperformed Hyperliquid in derivatives trading volumes. Its upcoming L1 launch promises lower fees, faster settlements, and enhanced trader privacy—features that could reshape competitive dynamics in decentralized derivatives trading.

BNB Chain Urges Users to Migrate Funds as Legacy Multi-Sig Wallet Nears Shutdown

BNB Chain developers have announced the impending shutdown of their current Multi-Signature Wallet, urging users to transfer funds to SAFE Global. The migration aims to enhance functionality and security for BNB Smart Chain and EVM-compatible networks.

The transition preserves existing wallet settings and transaction history, with a step-by-step guide provided via the Safe interface. Some transaction details may temporarily be unavailable during synchronization.

Built originally on Gnosis Safe protocol, the legacy wallet will be fully decommissioned in coming weeks. The team emphasizes urgency, advising prompt action to safeguard assets.