Token Analysis:

Astr market value $ 405 million, ranking 142

It is a Japanese public chain, which has previously cooperated with large companies such as Sony

Astar network is a multi-chain multi-virtual machine DApp center based on Polkadot, natively supporting Ethereum Virtual Machine (EVM), WebAssembly, Layer2 expansion solutions and mainstream Layer1 blockchains. The Polkadot relay chain does not support smart contracts by design, so DApp developers need high-performance and scalable smart contract parallel chains.

In addition, Astar also supports multiple mainstream Layer1 blockchains. The Astar ecosystem has achieved rapid endogenous growth, and multiple teams are building decentralized applications including synthetic assets, stablecoins, and multi-chain DEX.

Two recent events have forced us to refocus on this project:

(1) Sony, one of the largest companies in Japan, has started to operate an exchange

(2) Japanese Prime Minister Fumio Kishida will deliver a speech at the Web3 Conference

Astar is of great significance in Japan,

because it is one of the country's leading blockchain projects

The highest point of this round has fallen by 70%,

The current price is $0.0710, and Binance and major exchanges have

5%-10% positions.