Astar Network (formerly Plasm) is a Polkadot-based platform for developing decentralized applications (DApps) and smart contracts in the Web3 ecosystem. Astar offers a range of resources, including financial incentives, incubation programs, and technical support via initiatives like the Astar Builders Program. These efforts are geared towards bolstering developers and encouraging projects to thrive on the Astar blockchain.

Astar is a vital link between the Polkadot ecosystem and Layer-1 blockchains such as Ethereum and Cosmos. It is a Polkadot Parachain designed as a multi-chain Polkadot DApp hub with support for DeFi, NFTs, and DAOs, where developers can move beyond infrastructure and focus more on application development. Astar’s native token, ASTR, functions as a utility token to pay transaction fees and is also used for governance and staking.

But what about ASTR as an investment? Should you consider adding this token to your investment portfolio? In the following ASTR price prediction, we answer these and other questions concerning the perspectives of this crypto asset.

Astar (ASTR) overview

As of May 18, 2024, ASTR was the 131st most valuable cryptocurrency by market capitalization, according to CoinMarketCap. The following table summarizes other relevant data for the same date.

Coin Name	Astar
Coin Symbol	ASTR
USD Price	$0.09268
Market Cap	$523,744,094
24h Trading Volume	$14,006,656
Total Supply	8,446,072,566 ASTR

Astar (ASTR) price history

According to CoinMarketCap, ASTR hit the trading market on January 18, 2022, at approximately $0.18. This token’s price plummeted immediately after its launch, reaching $0.087 on January 5. The ASTR price exhibited a lot of volatility during the next two months. ASTR skyrocketed at the beginning of April, reaching $0.25 on April 4 and its all-time high of $0.33 on April 10. After this hike, the ASTR corrected, falling to $0.13 by the end of April. This token continued to lose value, trading at about $0.57 on May 11. The ASTR price showed no sign of recovery for the rest of 2022, ending that year at $0.038.

In 2023, the ASTR price did not significantly change, except for a small surge on February 18 that took it to $0.10. However, in December, ASTR entered a bullish trend, closing 2023 at $0.13. This bullish trend continued in 2024, peaking on February 12, when ASTR traded at about $0.19. Then, the ASTR price steadily declined. As of May 18, 2024, the ASTR price was approximately $0.093.

Astar (ASTR) price prediction

ASTR price prediction for 2025

The ASTR price will continue to expand next year. According to BeInCrypto, ASTR will trade at an average of $0.11 and a maximum of $0.13 in 2025. PricePrediction is more optimistic, indicating an average price of $0.17 and a possible maximum of $0.19. DigitalCoinPrice predicts an average ASTR price of $0.23 and a maximum of $0.24 in 2025. Hence, an ASTR investment at the current $0.093 per token could yield a +158% return in 2025.

ASTR price prediction for 2026

ASTR price predictions for 2026 differ significantly. BeInCrypto predicts an average price of $0.12 and a maximum of $0.14. PricePrediction indicates an average ASTR price of $0.26 and a potential maximum of $0.29. DigitalCoinPrice is more optimistic, forecasting an average price of $0.32 and a maximum of $0.33. An ASTR investment at the current $0.093 per token could increase its value by +255% by 2026.

ASTR price prediction for 2030

DigitalCoinPrice expects the ASTR token to trade at an average of $0.67 in 2030, reaching a maximum of $0.69. PricePrediction is more optimistic, indicating an average price of $1.21 and a possible maximum of $1.43. BeInCrypto does not give an ASTR price prediction for 2030. So, an ASTR investment at the current $0.093 could grow by +1,438% in 2030.

Conclusion

The Astar multi-chain smart contract platform is a promising project in the blockchain industry. However, its ASTR token has performed poorly in the last months despite a reasonably good performance after its launch in 2022. However, price predictions indicate the ASTR price could significantly increase in the coming years, yielding good returns to investors who buy the dip.

FAQs

Is Astar (ASTR) a good investment?

According to price predictions, ASTR might be a good long-term investment. However, it would be best to research this asset thoroughly before investing.

How high can the ASTR token go?

According to PricePrediction, the ASTR token might trade at a maximum of $4.4 in 2033. In the distant future, the maximum ASTR price could be $87.9 in 2040 and $122 in 2050.

Where can I get the ASTR token?

Several exchanges list the ASTR token for trading, including LetsExchange.io, a go-to crypto exchange platform supporting thousands of tokens and coins.

Disclaimer

Please keep in mind that the above information is based exclusively on our observations and is provided for informational purposes only. It doesn’t constitute any kind of financial advice nor represents an official forecast. Cryptocurrency is a highly volatile asset, and you are investing in it at your own risk.