Aster on Tuesday, February 3, announced the launch of its Stage 6 Buyback Program, committing up to 80% of daily platform fees to support the token, with execution set to begin on February 4, 2026. 

The initiative introduces a structured, on-chain mechanism aimed at reducing circulating supply while reinforcing liquidity during volatile market conditions.

According to the company, 40% of daily fees will be deployed automatically for buybacks, ensuring consistent on-chain demand, while an additional 20% to 40% will be allocated to a strategic reserve. 

This reserve will allow Aster to conduct targeted buybacks during periods of heightened volatility, depending on market conditions.

All buyback transactions will be executed through dedicated on-chain wallets, making activity publicly verifiable. The token stated that it will provide regular transparency updates to allow token holders to track buyback activity and assess its impact on supply dynamics over time.

Also Read: ASTER Rebounds From Key Support, and Buyers Target $0.608 Resistance

ASTER Stabilizes After Reacting From Key Demand Zone

The news comes as ASTER appears to be consolidating, as it initially reacted to a well-defined demand zone, as indicated by crypto analyst Rose Premium Signals, as of Tuesday, February 3. 

Rose Premium Signals also pointed out that it’s price movement respected support within a descending channel, indicating weakening selling pressure at this time.

Source: Rose Premium Signals X Post

This technical response is an indication of rising interest from buyers, as momentum indicators begin to flatten out after an extensive decline. 

While no confirmation of a trend reversal has been seen, the price structure indicates that the market is moving into a consolidation phase.

Falling Wedge Pattern Signals Potential Breakout Scenario

Furthermore, analyst ZAYK Charts, on Tuesday, February 3, highlighted that it is currently trading within a falling wedge pattern on a daily timeframe, which is a common trend reversal pattern. 

It is also showing a pattern where the asset is trading between declining trend lines, which indicates a lack of bearish momentum.

Source: ZAYK Charts X Post

A breakout above the resistance level of the wedge could pave the way towards the $1.25 level, which aligns with the previous price reaction levels. 

ZAYK Charts is warning that increased volume will be necessary to confirm the upside move, as false breakouts are possible in the current market uncertainty.

Also Read: ASTER Fails to Hold $0.66 Rebound, Bears Regain Control

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Filed under: Bitcoin - @ February 3, 2026 9:00 pm