Changpeng Zhao’s endorsement propelled Aster DEX token ASTER's value by up to 7,000% since September 2025, significantly impacting crypto markets from his advisory involvement.
This has increased trading activities, benefiting the BNB Chain and enhancing market interest demonstrated by surging institutional volumes.
ASTER Market Cap Exceeds $3 Billion Amid Volume Surge
The rapid increase in the ASTER token's value resulted in a market cap surpassing $3 billion. This rise emphasizes the substantial impact of Zhao's involvement and the elevated trading volume showcased their competitive edge.
The market response unveiled a significant shift, with ASTER's daily trading volume briefly exceeding $46 billion. This feat positioned Aster DEX ahead of rivals like Hyperliquid, suggesting potential technological and financial opportunities.
Changpeng Zhao's Endorsement Fuels Significant Market Rally
Similar to earlier Binance ecosystem launches, Zhao's endorsement sparked a market surge. The "CZ Effect" is renowned for driving key rallies, akin to movements witnessed with DeFi protocol launches.
Industry experts observe that this event may further bolster BNB’s on-chain activity, illustrating a pattern seen with past influential endorsements.
Analysts highlight that Zhao's approach typically fosters substantial market enthusiasm and engagement.