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news-imageAugust 26, 2023

Astar Network's Impressive Rally Fuels Market Recovery as Ecosystem Expands

In a remarkable turn of events that is reverberating throughout the blockchain community, Astar Network (ASTR), a pioneering parachain on the innovative Polkadot blockchain, has taken the lead in driving a resurgence in the market. The cryptocurrency has surged by an impressive 12% in just a matter of hours, standing strong at a trading price of $0.06563 at the time of this report.
Publisher: The Currency Analytics
Sentiment: Positive
ASTR

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What Is Astar Network ($ASTR)?

The Astar Network allows individual users to use Web3 technology, connecting people to Web3 through entertainment, blockchain development, business development, and community events.

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Astar Network To Burn 350 Million ASTR Allocation For Auction

After receiving the opinion if its community through a governance vote, Astar Network is set to incinerate up to 350 million ASTR. Astar Network (ASTR) Burn And Possible Price Impact The burn that the popular multi-chain smart contract network plans to undergo will see the destruction of 5% of the total ASTR supply.

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Astar Network's Stablecoin Lifeline: Grant Aims to Empower Emerging Tokens on zkEVM

TL;DR Astar Network launches TGE Catalyst Grant on stablecoins to boost the launch of tokens on Astar zkEVM. Strategic collaborations with important centralized exchanges (CEXs) such as HTX, Gate.io, Bitget, MEXC and Poloniex. The grant offers a listing acceleration package, marketing support in CEXs, advice on market strategies and access to the SAMURAI Council.

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