ASTER has officially made its debut on Robinhood, marking one of the biggest steps yet for the rapidly growing blockchain project. The announcement was first shared by crypto analyst Crypto Tony on X, confirming that the token is now available for trading on the popular U.S. retail platform.
The Robinhood listing opens ASTER to millions of new users, expanding its reach far beyond traditional crypto exchanges. However, the price reaction has been unexpectedly muted. Despite the major development, ASTER is currently trading around $1.30, down 10% over the past 24 hours and more than 27% in the past week. Its market capitalization now stands at approximately $2.62 billion.
On the technical side, the 1-hour chart shows ASTER struggling to maintain momentum after recent sell pressure. The Relative Strength Index (RSI) currently sits near 42, indicating that the token is neither oversold nor in recovery mode yet. Meanwhile, the Moving Average Convergence Divergence (MACD) lines remain close to a neutral crossover, suggesting possible consolidation before any strong directional move.
The subdued price reaction could reflect broader market weakness, with traders locking in profits following recent volatility. Historically, tokens newly listed on Robinhood often experience delayed rallies once liquidity and awareness build up.
Analysts say the listing itself is a strong long-term signal for ASTER’s legitimacy and accessibility, even if short-term traders remain cautious. As the project continues to gain exposure among retail investors, its presence on Robinhood could lay the groundwork for renewed bullish sentiment once the market stabilizes.
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**About the Author**
Alexander Zdravkov is a reporter at Coindoo. He is a person who always looks for the logic behind things. Fluent in German and with more than 3 years of experience in the crypto space, Alexander skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
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