The token burn exceeds $100 million in cumulative value, reducing ASTER supply in a move typically used to tighten circulation.
Aster has burned more than $100 million worth of its token, with the cumulative total reaching 186 million ASTER valued at around $116 million. Token burns (permanently removing coins from circulation) are commonly used by crypto projects to reduce supply, a mechanism that can support scarcity depending on demand and broader market conditions.