Aster’s Bullish Momentum on Coinbase: Can It Break Through $1.23 Amid Market Volatility?
Aster (AST) is making waves in the crypto market with a notable 10.5% surge in market cap to $2.39 billion, despite a recent 10.47% price dip over the past 24 hours. As of November 13, 2025, the cryptocurrency is trading around $1.18, with trading volume spiking 59.27% to $877.46 million. The session saw lows of $1.06 and highs of $1.20, indicating strong volatility. Key drivers behind the excitement include a 50% increase in buybacks to $7.5K per minute, signaling potential bullish momentum. Investors are now eyeing the $1.23 resistance level, questioning whether bulls can sustain the rally or if bears will step in to reverse the trend. With its presence on Coinbase and growing market activity, Aster remains a token to watch in the coming days.
Aster Price Set For A Bullish Surge: Is $1.23 Next Or Will Bears Step In?
Aster's market activity has captured attention with a 10.5% surge in market cap to $2.39 billion, despite a 10.47% price dip over the past 24 hours. The cryptocurrency is currently trading around $1.18, with trading volume spiking 59.27% to $877.46 million. Session lows and highs were recorded at $1.06 and $1.20, respectively.
Three factors are driving the excitement: a 50% increase in buybacks to $7.5K per minute, removing 2.4 million ASTER coins from circulation; rumors of Coinbase listing; and a decisive breakout above the $1.10 resistance level. The buybacks alone have created a supply shock worth $2.8 million, equivalent to 0.12% of circulating supply.
Technically, Aster's position above the $1.10 pivot and its 7-day SMA at $1.08 suggests bullish momentum. The MACD's positive swing to 0.027 confirms this trend. Market watchers now eye whether the cryptocurrency can sustain this breakout or if bears will intervene.
Coinbase’s New Token Platform Sparks Excitement in the Crypto World
Coinbase's newly launched token sale platform has reignited discussions about capital formation in the cryptocurrency market. Bitwise CIO Matt Hougan views this development as a pivotal moment, likening it to the fourth major revolution in crypto—following Bitcoin's redefinition of gold, stablecoins' transformation of the dollar, and tokenization's impact on securities trading.
The platform, which went live on November 10, signals a return to regulated public offerings, potentially setting the stage for a new bull market cycle by 2026. Hougan contrasts the current environment with the chaotic ICO era of 2017-2018, emphasizing how blockchain technology can streamline capital raising by reducing costs and broadening investor access compared to traditional methods.
Coinbase Launches Regulated ICO Platform as Bitwise CIO Predicts Compliant Offerings to Fuel Next Crypto Rally
Bitwise Chief Investment Officer Matt Hougan sees compliant initial coin offerings (ICOs) as the catalyst for cryptocurrency's next major bull run. His analysis follows Coinbase's announcement of a regulated token sale platform launching November 10, with Monad (MON) as its debut project.
The new framework aims to address past ICO failures by implementing strict vetting processes. Hougan positions this development as the fourth pillar of crypto's financial revolution—following Bitcoin's disruption of gold, stablecoins' challenge to fiat, and tokenization's impact on settlements—with potential to rival traditional IPO markets.
Industry observers note the platform could channel billions into vetted projects while providing institutional-grade safeguards. This shift toward regulated capital formation may redefine how blockchain ventures access funding, merging crypto innovation with mainstream financial oversight.
Bernstein Predicts $4 Trillion Stablecoin Market by 2035, Bullish for CRCL, HOOD, COIN
Wall Street investment firm Bernstein projects the global stablecoin market will surge to $4 trillion by 2035, driven by regulatory tailwinds and blockchain adoption. The GENIUS Act and SEC's crypto policies are catalyzing a "stablecoin boom," with dollar-pegged tokens already exceeding $260 billion in circulation.
Stablecoins—cryptocurrencies pegged to assets like the U.S. dollar—are poised to revolutionize cross-border payments and tokenized capital markets. Bernstein highlights Circle (CRCL) as a key beneficiary, alongside crypto exchanges Robinhood (HOOD) and Coinbase (COIN).
"The blockchain utility era is accelerating," the report states, framing stablecoins as the bridge between traditional finance and decentralized ecosystems. This forecast underscores institutional confidence in crypto's infrastructure potential.
