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Astar

ASTR#441 by market cap

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

Astar is for cheaper transactions on top of another chain. We have not written its record yet, so its promises are not checked. It trades at $0.0073, #385 of all coins by size, 98% below its highest ever price.

This week Nothing changed on its record.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. #14 of 72 layer 2 networks. Nothing to be careful of on the record.

Is it real?

4 of 4tests passeda real job, real backing, something ahead, room to grow
nonenamed backersno investor or index on file
4 yearson the marketsince 17 January 2022
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Passes all four

  • A real-world jobReal-world purpose: cheaper transactions on top of another chain
  • Real backingBacking: trades on Binance, Upbit
  • Something aheadAhead: news this month about partnership, upgrade, treasury
  • Room to growRoom: worth $63.65M, 37 times smaller than OKB, the biggest coin within reach doing the same thing (Layer 2 (L2))

Listed on 2 big exchanges

  • Origin17 January 2022about about 4 yearsastar.network, GitHub, Whitepaper
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingNo named investorListed on Binance, Upbit
  • Standing on the recordNo recordNo dated promise to judge yet84 headlines last month, 2 about governmentNo corrections needed so far
Why it is worth a look
  • Real-world purpose: cheaper transactions on top of another chain
  • Backing: trades on Binance, Upbit
  • Ahead: news this month about partnership, upgrade, treasury
  • Room: worth $63.65M, 37 times smaller than OKB, the biggest coin within reach doing the same thing (Layer 2 (L2))
The gap, and what to do

It is already worth more than the typical coin in Layer 2 (L2) ($17.62M). To match the leader, OKB ($2.36B), its price would need to rise 3606%, to about $0.2694.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • No named investor among its tags
  • Years younger than the group's leader

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#14of 72 layer 2 networksthe typical one is worth $17.62M
$63.65Mworth todayprice × coins out
$17.62Mthe typical rival is worthLayer 2 (L2)
$2.36Bthe leader is worthOKB
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Cheaper transactions on top of another chain

72 coins tagged Layer 2 (L2), worth $8.84B together. #14 of 72 by worth.

Layer 2 (L2): this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Astar$63.65Mthis coin+17.0%88% outno record
  • OKB$2.36B37.1× bigger, +$2.3B−1.6%, gap −18.6100% outno record
  • Mantle$1.84B28.9× bigger, +$1.78B−1.2%, gap −18.253% out0 of 2 delivered
  • POL (ex-MATIC)$1.03B16.2× bigger, +$964.95M−0.3%, gap −17.4no max0 of 14 delivered
  • Arbitrum$887.02M13.9× bigger, +$823.37M−2.6%, gap −19.767% outnone dated
  • Stacks$485.56M7.6× bigger, +$421.91M−2.7%, gap −19.7no max0 of 5 delivered
  • Optimism$227.96M3.6× bigger, +$164.31M+3.8%, gap −13.354% outnone dated
  • Starknet$201.44M3.2× bigger, +$137.79M−2.3%, gap −19.372% out10 of 24 delivered
Same job, different how

Layer 2 (L2): this coin next to OKB, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Astar says
Astar is a web3 collective building products that bring users onchain and generate long term value for ASTR.
OKB says
OKEx, the 2nd most popular cryptocurrency exchange by trading volume, launched its platform token ‘OKB‘ today with 10 trading pairs.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Astar is a web3 collective building products that bring users onchain and generate long term value for ASTR. It operates as a multi chain ecosystem that coordinates products and contributors through a shared economic and governance framework.

Problem it says it solves: cheaper transactions on top of another chain. 72 coins are working on it and together they are worth $8,839,919,541. This coin is 1% of that.

Where it trades: Binance, Upbit, HTX, Pionex, WEEX

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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Why is it this small?

Layer 2 (L2): this coin next to the group's largest, OKB.

AstarOKB
Years trading5 years8 years
Major exchanges22
Named backers00
Headlines, last month8417
Promises deliveredno recordno record

What it says is different: Astar is a web3 collective building products that bring users onchain and generate long term value for ASTR. It operates as a multi chain ecosystem that coordinates products and contributors through a shared economic…

It is 2.7% the size of OKB. On the facts above it is behind on years trading. For that gap to close, the record would need deliveries showing up in its record. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.0073price of one+17.0% today
98%below its highest ever$0 on 17 January 2022
88%of the supply is out8.76B coins
$148paid in fees, 30 dayswhat people paid to use it
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The last 7 days

7 days ago: $0.0063now: $0.0073 (+13.1%)

Where today sits against its highest ever price

$0.0073

Highest ever: $0.4216 on 17 January 2022. Today is 2% of that.

88%

of all ASTR that will ever exist is already out in public hands: 8.76B coins.

12% (1.24B coins) is not yet created or held by the project. That is a small share. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Its pages do not say what holding it gets you

That is worth knowing before buying. A coin nobody needs is priced on hope.

  • Nothing the project's own pages spell out.
$0.0073price of one
×
8.76Bcoins out
=
$63.65Mworth today, #385 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 88%of the maximum supply is in circulation: 8.76B of 10B.
  • 1.24Bcoins still to be released, 12% of the maximum. Releases can add selling pressure.
  • 2%of its all-time high of $0.4216 on 17 January 2022. That is −98.3% from the top.
  • #385by market cap, $63,647,046.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

Real use, in dollars
  • $1.15M is locked in apps built on it right now
  • Users paid $148 in fees to use it in the last 30 days, $118 of that kept by the network

From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.

What the news says

84headlines, last monththat name this coin
2about governmentregulation, courts, central banks
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Headlines per day, last 30 days

84 headlines named this coin in the last month.

What they were about

  • Treasury15
  • Price10
  • Upgrade5
  • Partnership5
  • Hack5
  • Stablecoin1
  • Whales1
  • Unlock1

Why it movedUp 17% today. No headline named it in the last three days, so the move is not explained by news we can see.

In the news
What people are talking about, last month:

84 headlines in the last month.

Headlines are the publishers' own. News is never placed next to price.

The record itself

Qualifies for a record and its pages are captured daily, but the record has not been written yet.

Pages saveddailycaptured every night
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy