The cryptocurrency world loves rumors, and lately many have been circulating about Binance founder Changpeng Zhao, better known as CZ, and his connection to the Aster Dex. During a recent Twitter Spaces session, CZ released the air and says that neither he nor Binance officially supports the project.
At the same time, Aster has achieved the headlines with record trade volumes and increasing attention in the cryptomarket.
CZ cleaning up the confusion
On September 27, 2025, CZ finally tackled the speculation during a Twitter Spaces session With the aster community that its venture company, Yzilabs, has a small interest in Aster Dex. However, he emphasized that neither he nor Binance officially supports the project.
“I have no personal investments in Aster and Binance as a company is not involved.”
What fueled confusion, he admitted that a few former Binance employees are now part of the Aster team.
This subtle connection was sufficient for some in the market to assume that CZ was deep connected to the project, especially in view of the rapid growth of Aster. But CZ was certain that those assumptions were exaggerated.
Aster HIT Record Trading Volume
Despite the clarification, Aster’s figures are difficult to ignore. The Multichain Perpetuals exchange, built on the BNB chain, has quickly risen in the spotlight. In just 24 hours it is a striking $ 46.9 billion in trade volume and is now on a market capitalization of $ 3.4 billion.
For a project so young, growth is downright remarkable.
This kind of momentum naturally attracts speculation and linked it to a figure like CZ only the hype. But as he remembered listeners, not every fast -growing project is secretly supported by Binance.
Aerial price analysis
After having jumped 2227% last week, Aster was cooled in the middle of the broader crypto market correction. From now on the Aster -token price reached $ 2.40, but now consolidates around $ 1.98.
The price movement has followed earlier predictions, rose from bottom to top and then withdrawn. This shows that token moves along the expected path.
In the meantime, Aster has support between $ 2 and $ 2.2. If it falls below this level, it can fall to $ 1.8, where buying interest can increase.