ASTR
Astar Network
ASTR

Astar Network price

in USD
$0.02206
-$0.00075 (-3.29%)
USD
We can’t find that one.
Check your spelling or try another.
Market cap
$180.34M
Circulating supply
8.18B / 8.52B
All-time high
$1.000
24h volume
$23.12M
3.2 / 5
ASTRASTR
USDUSD
Buy Astar Network

About Astar Network

ASTR is the native token of Astar Network, a blockchain platform designed to support decentralized applications (dApps) and smart contracts. Astar Network focuses on interoperability, allowing different blockchains to communicate and share data seamlessly. The ASTR token is used for transactions, staking, and governance within the ecosystem, giving holders a say in network decisions. Astar Network aims to bridge the gap between Ethereum and Polkadot, making it easier for developers to build scalable and secure applications. With its emphasis on cross-chain functionality, Astar is positioning itself as a key player in the future of decentralized finance (DeFi) and Web3. The project has gained attention for its innovative approach and growing list of partnerships, making ASTR a token to watch in the evolving crypto landscape.
AI insights
Layer 1
Official website
White Paper
Github
Block explorer
CertiK
Last audit: Sep 1, 2020, (UTC+8)

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.

Astar Network’s price performance

Past year
-68.24%
$0.07
3 months
-2.70%
$0.02
30 days
-8.05%
$0.02
7 days
-9.89%
$0.02

Astar Network on socials

ᴛʀᴀᴄᴇʀ
ᴛʀᴀᴄᴇʀ
💥 BREAKING: THIS WHALE JUST BOUGHT $78.2 MILLION OF $ASTER HE KNOWS SOMETHING!! 👀
Gallery 1
Gallery 2
9.97K
133
AiCoin中文
AiCoin中文
⚡ Misfortunes never come singly! The crypto market is in a sharp decline. In the last hour, the total liquidation across the network reached $27.3 million. ▸ Long positions liquidated: $24.75 million ▸ Among them, ETH liquidations totaled $10.67 million (39%) ETH is currently priced at $4048 (-2.34%) BNB has fallen below the $1000 mark. Market sentiment has quickly turned bearish, be cautious of volatility risks ⚠
Gallery 1
31.3K
1
Luke Martin
Luke Martin
The invisible hand in traditional economics: individuals pursuing self-interest in a free market, unintentionally benefit society by efficiently allocating resources and meeting societal needs. The self-regulating force guiding economic activity towards positive social outcome. The invisible hand in crypto: CZ holds up 4 fingers, tweets a chart once, and instantly his coins undergo vertical repricing until they are worth tens of billions, unintentionally benefiting crypto society by swiftly allocating idle capital into a protocol planning to airdrop ~$1B to users.
Gallery 1
3.41K
0
View more posts

Guides

Find out how to buy Astar Network
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Dive in
Predict Astar Network’s prices
How much will Astar Network be worth over the next few years? Check out the community's thoughts and make your predictions.
Forecast
View Astar Network’s price history
Track your Astar Network’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Check it out
Own Astar Network in 3 steps

Create a free OKX account

Fund your account

Choose your crypto

Diversify your portfolio with over 60 euro trading pairs available on OKX

Astar Network FAQ

Astar Network (ASTR) is a platform dedicated to supporting developers in building Layer 2 solutions and decentralized applications (dApps). The network stands out by offering an interoperable Web3 infrastructure, with the ultimate goal of becoming a comprehensive multi-chain smart contract platform.

Astar Network provides a multitude of benefits for developers and users. With its robust and interoperable Web3 infrastructure, developers can effortlessly build powerful dApps and Layer 2 solutions across blockchain networks, bringing forth innovative solutions for real-world use cases. 

Additionally, Astar Network's engaged community fosters collaboration and drives innovation, while holders of the native cryptocurrency, ASTR, can actively participate in platform governance. 

Easily buy ASTR tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include ASTR/USDC and ASTR/USDT.

You can also buy ASTR with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for ASTR with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into ASTR, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

Currently, one Astar Network is worth $0.02206. For answers and insight into Astar Network's price action, you're in the right place. Explore the latest Astar Network charts and trade responsibly with OKX.
Cryptocurrencies, such as Astar Network, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Astar Network have been created as well.
Check out our Astar Network price prediction page to forecast future prices and determine your price targets.

Dive deeper into Astar Network

In the rapidly evolving crypto industry, the advancement of Web3 technology has become a major focus for projects seeking to attract attention, recruit skilled developers, and boost user engagement. Astar Network (ASTR) stands out as a prime example of such initiatives, actively supporting developers in building decentralized applications (dApps) and Layer 2 solutions through its comprehensive Web3 infrastructure and other valuable benefits.

What is Astar Network

Astar Network, established in 2019, primarily focuses on assisting developers in building dApps. The platform offers a robust and interoperable Web3 infrastructure, along with comprehensive incubation programs, attractive financial incentives, and technical support.

At its core, Astar's mission is to empower developers by providing them with cutting-edge solutions, such as Ethereum Virtual Machines (EVM), ensuring compatibility with existing developer ecosystems. Additionally, Astar is actively working on developing a parachain where both EVMs and WebAssembly (WASMs) smart contracts can seamlessly coexist and interact, further expanding the possibilities for dApp development.

The Astar Network team

Astar Network was founded by blockchain pioneer Sota Watanabe in 2019. Watanabe's accomplishments include being featured in Forbes 30 Under 30 Asia in 2022 and holding an economics degree from Japan's prestigious Keio University. Before Astar, he served as a marketing specialist at San Francisco-based IT firm, Chronicled, and also founded companies like Next Web Capital.

In 2021, his project, Plasm Network, underwent a rebranding and emerged as Astar Network. This transformation paved the way for the platform's launch as a multi-chain smart contract platform on Polkadot in early 2022, 

How does Astar Network work

Astar Network serves as a bridge connecting the Polkadot ecosystem with other L1 blockchains like Cosmos and Ethereum. It achieves this by leveraging a Polkadot parachain to operate as a multi-chain dApp hub, fostering cross-chain compatibility and empowering developers to build and deploy their dApps across multiple blockchain networks.

The network provides comprehensive support for decentralized autonomous organizations (DAOs), decentralized finance (DeFi), and non-fungible tokens (NFTs), allowing developers to shift their focus from infrastructure to application development.

Astar Network operates on two distinct layers. The first layer is built on the Substrate framework, laying a strong foundation for the network's functionality. Meanwhile, the second layer utilizes Optimistic Virtual Machine (OVM) to enhance scalability, ensuring efficient and seamless operations across the platform. 

Astar Network’s native token: ASTR

Astar Network's native cryptocurrency, ASTR, has a total supply of 7 billion tokens and is subject to an annual inflation of 10 percent. 

ASTR maintains a 1:1 ratio for liquidity and staking, ensuring that for each token used for liquidity, an equivalent amount is available for staking. This allows for a balanced and controlled distribution of ASTR tokens within the Astar Network ecosystem, preventing excessive concentration in either liquidity or staking activities. 

To effectively manage inflation, tokens are released gradually in multiple drops. Moreover, staking rewards increase proportionately with the inflation rate, providing strong incentives for active participation in the network and empowering stakers to earn more as they contribute to its growth and stability.

ASTR use cases

ASTR serves various use cases within its ecosystem. Firstly, it serves as payment for on-chain transaction fees. Secondly, it is an essential utility token for building Layer 2 applications. Furthermore, ASTR plays a vital role in governance, granting holders the rights to participate in the decision-making process by voting on proposals or submitting their own.

ASTR distribution

Astar Network allocated its tokens in the following manner:

  • 20 percent: Distributed through Astar Network's initial parachain auction on Polkadot
  • 30 percent: Reserved for early users who supported the network via staking and crowdfunding
  • 10 percent: Future project development
  • 5 percent: Parachain auction reserve
  • 5 percent: On-chain DAO 
  • 5 percent: Marketing efforts
  • 10 percent: Early financial backers
  • 5 percent: Team
  • 10 percent: Foundation

Astar Network: The road ahead

Astar Network stands as a beacon of innovation and progress in the rapidly evolving cryptocurrency landscape. With its commitment to empowering developers through an interoperable Web3 infrastructure, it has paved the way for the creation of cutting-edge dApps and Layer 2 solutions. As the network continues to expand and develop, it holds the promise of becoming a full-scale multi-chain smart contract platform, further revolutionizing the way we interact with blockchain technology.

ESG Disclosure

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKCoin Europe Ltd
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
Astar
Consensus Mechanism
Astar uses a hybrid consensus mechanism that combines Proof of Stake (PoS) and Delegated Proof of Stake (DPoS), with the added feature of Sharded Multichain capabilities. The primary goal is to provide a scalable, interoperable, and decentralized platform for building decentralized applications (dApps), which can run on multiple blockchains in parallel. Key Features of Astar's Consensus Mechanism: 1. Proof of Stake (PoS): In Astar, validators participate by staking ASTR tokens, the native currency of the network. The more tokens staked, the higher the chances of being selected as a validator. Validators are responsible for validating transactions and securing the network. Validators receive block rewards for their efforts, which are paid in ASTR tokens. 2. Delegated Proof of Stake (DPoS): Astar incorporates DPoS to allow ASTR token holders to vote for validators. Token holders delegate their voting power to trusted validators, who then produce blocks and validate transactions. This ensures greater decentralization by allowing the community to have a direct say in who validates the network. Delegators receive a share of the block rewards earned by their selected validators. 3. Sharded Multichain: Astar’s consensus mechanism allows for multichain execution via Parachains in the Polkadot ecosystem, enabling Astar to process multiple parallel chains and increase scalability. This sharding mechanism ensures that Astar can scale effectively, maintaining high throughput while decentralizing the network. 4. Finality: Astar leverages Polkadot's GRANDPA (GHOST-based Recursive Ancestor Deriving Prefix Agreement) finality gadget for fast and deterministic finality. Once a block is finalized, it is irreversible, ensuring the integrity and security of transactions.
Incentive Mechanisms and Applicable Fees
Astar incentivizes network participation through block rewards, transaction fees, and staking rewards while encouraging governance via delegated voting. Incentive Mechanism: 1. Staking Rewards: Validators earn ASTR tokens for validating transactions and securing the network. The more tokens staked, the higher the chances of validating blocks. 2. Delegated Proof of Stake (DPoS): ASTR token holders can delegate their tokens to validators, sharing in the rewards based on the performance of their chosen validators. 3. Cross-Chain dApp Rewards: Developers deploying dApps on Astar earn rewards for using the network’s multichain capabilities. 4. Governance Participation: ASTR token holders participate in on-chain governance to vote on proposals and protocol changes. Applicable Fees: 1. Transaction Fees: Users pay fees in ASTR tokens for transactions. These are collected by validators who process the transactions. 2. dApp Execution Fees: Developers pay for smart contract execution based on resource demands. 3. Cross-Chain Fees: Additional fees apply for asset transfers and interactions between different blockchain networks. 4. Parachain Slot Fees: Astar incurs fees for its parachain slot on the Polkadot network to ensure interoperability.
Beginning of the period to which the disclosure relates
2024-09-24
End of the period to which the disclosure relates
2025-09-24
Energy report
Energy consumption
13140.00000 (kWh/a)
Energy consumption sources and methodologies
For the calculation of energy consumptions, the so called 'bottom-up' approach is being used. The nodes are considered to be the central factor for the energy consumption of the network. These assumptions are made on the basis of empirical findings through the use of public information sites, open-source crawlers and crawlers developed in-house. The main determinants for estimating the hardware used within the network are the requirements for operating the client software. The energy consumption of the hardware devices was measured in certified test laboratories. Due to the structure of this network, it is not only the mainnet that is responsible for energy consumption. In order to calculate the structure adequately, a proportion of the energy consumption of the connected network, polkadot, must also be taken into account, because the connected network is also responsible for security. This proportion is determined on the basis of gas consumption. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation. The information regarding the hardware used and the number of participants in the network is based on assumptions that are verified with best effort using empirical data. In general, participants are assumed to be largely economically rational. As a precautionary principle, we make assumptions on the conservative side when in doubt, i.e. making higher estimates for the adverse impacts.
Market cap
$180.34M
Circulating supply
8.18B / 8.52B
All-time high
$1.000
24h volume
$23.12M
3.2 / 5
Easily buy Astar Network with free deposits via SEPA