Astar is the native token of the Astar Network, a smart contract platform operating within the Polkadot ecosystem. The project describes itself as a web3 collective that develops products and integrations aimed at bringing users onchain, coordinating its various components through a shared economic and governance framework. Astar Network serves as the foundational layer providing governance, security, and economic alignment across the broader ecosystem. It supports a range of products built around the Astar Stack, a unified development framework intended to convert blockchain infrastructure and decentralized finance primitives into accessible, user-friendly applications. ASTR functions as the ecosystem's primary economic and governance token, used to coordinate network activity and align product development with the platform's long-term objectives. As a parachain connected to Polkadot, Astar leverages shared security while maintaining interoperability with the wider Ethereum ecosystem, positioning it as a multi-chain hub for decentralized application development. The project falls within the smart contract platform category and maintains connections to Layer 1 and Layer 2 infrastructure through its cross-chain design.
Aster, KITE AI, Sui, Undeads and Ethena together account for the bulk of the supply hitting the market — a few of those tokens are about to see a fifth of their float clear in a single session.
Astar is a web3 collective building products that bring users onchain and generate long term value for ASTR.
Astar (ASTR) is categorised as: Smart Contract Platform, Polkadot Ecosystem, Layer 1 (L1).
The official Astar site is https://astar.network/.
Most recent Astar coverage: "ASTER leads $250M token unlock wave this week" — read at /en-US/a/seven-tokens-face-unlocks-totalling-254m-this-week-led-by.
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