Binance Founder’s Endorsement Fuels Aster’s 13% Surge Against Market Downtrend

Amid a broader cryptocurrency market downturn, Aster (ASTER) defied the trend with an impressive 13% surge, reclaiming the $1 threshold. This notable performance came following a public endorsement from former Binance CEO Changpeng Zhao (CZ), who disclosed a $2 million personal investment in the token. While major altcoins like Ethereum (ETH) and BNB Coin (BNB) struggled, dropping below key psychological levels of $4,000 and $1,000 respectively, Aster's resilience highlights growing investor confidence driven by high-profile backing. The token's ability to thrive in a bearish market underscores the impact of influential endorsements in the crypto space. As of November 7, 2025, Aster's rally serves as a reminder of how strategic support from industry leaders can shape market dynamics even during challenging times.

Aster Defies Market Downturn with 13% Surge Amid CZ Endorsement

Aster (ASTER) bucked the broader crypto market trend by climbing 13% to reclaim the $1 threshold, even as most altcoins languished in negative territory. The token's resilience stands in stark contrast to peers like Ethereum (ETH) and BNB Coin (BNB), which tumbled below key psychological levels of $4,000 and $1,000 respectively.

The rally follows a public endorsement from former Binance CEO Changpeng Zhao, who revealed a $2 million personal investment in the BNB-native perpetual futures platform. "I buy and hold," CZ tweeted, cementing his reputation for strategic long-term bets. Aster has rapidly gained market share in the DEX segment, now commanding 20% of perpetual futures volume compared to Hyperliquid's 26% dominance.

Market turmoil triggered by Federal Reserve rate uncertainty and US-China trade tensions failed to dampen Aster's momentum. The protocol's aggressive rewards campaigns continue attracting traders, demonstrating how targeted incentives can thrive even during sector-wide selloffs.

XRP Reclaims $2.25 Amid Whale Accumulation as Analysts Eye Bullish Zone

XRP surged back to $2.25, marking a 4% daily gain, as whale activity and ETF Optimism fueled renewed market confidence. Binance data showed an intraday high of $2.2570 before consolidation near $2.23.

Crypto influencer Bitcoin Professor sparked viral engagement with a 10,000 XRP giveaway claim, though analysts warn such promotions often prioritize visibility over genuine transfers. Security experts urge verification of wallet data before participation.

Whale accumulation trends gained traction, with DOMINUS XRP Syndicate highlighting aggressive buying activity. The rally coincides with a key bullish confluence zone that could dictate XRP's near-term trajectory—either sustaining momentum or triggering volatility.