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Binance.US Lists Astar Network Native Token in Major US Expansion Move

Binance.US Lists Astar Network Native Token in Major US Expansion Move

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Astar Network has shown in the best form how interoperability can also contribute to the wider Web3.0 agenda.

Astar Network, a blockchain protocol that supports building dApps with EVM and WASM smart contracts and offers developers true interoperability with XCM (cross-consensus messaging), has received its native token $ASTR listing through its American subsidiary Binance.US. From Binance Global.

The listing became effective on September 14 with both USD and USDT trading pairs. The listing will be one of the most important milestones of the protocol and will bring enhanced global liquidity for Astar Network users.

Since its inception, Astar Network has grown significantly as a dApp hub on Polkadot, supporting Ethereum, WebAssembly, and layer 2 solutions such as ZK Rollups. Its popularity has continued to grow in Asian markets, especially in Japan. According to a survey conducted by the Japan Blockchain Association, Astar Network ranked ahead of other popular protocols such as Ethereum, Solana, and Avalanche as the most popular blockchain protocol at the moment.

The Binance.US listing is a testament to the protocol’s strength, innovation and multi-jurisdictional compliance. Binance is arguably the largest exchange in the world, and its US subsidiary is known for its list of tokens that lead to a global Binance branch.

This is based on stricter regulations binding the US crypto ecosystem. That Astar Network survived this scrutiny has broadened its rising prospects in the world’s largest financial economy.

“We are very excited to officially enter the American market through Binance US. Since closing our last funding round led by US investors such as Polychain and Coinbase, entering the US market has been a top priority. Astar already has a strong presence in Asia, especially Japan, and now we have the opportunity to follow suit in the US with our local team,” said Sota Watanabe, founder and CEO of Astar Network.

Astar network in the Web3.0 world

The Web3.0 ecosystem is growing very quickly, and Astar Network has carved out a unique niche for itself as a major contributor. The founder of the protocol, Watanabe, pushes the boundaries of what is possible in the developing world of technology.

In his role, Watanabe has been a significant evangelist, spreading the innovations offered by Web3.0 to cities in Japan and around the world. The recognition of his professionalism makes him an advisor to GMO, one of Japan’s largest Internet companies, and Dentsu, its largest advertising company.

Astar Network has shown in the best form how interoperability can also contribute to the wider Web3.0 agenda. The protocol recently partnered with Moonbeam Network to support the launch of WASM projects and encourage developers to create unique use cases for Astar that take advantage of Polkadot’s powerful XCM format.

The listing on Binance.US is an important milestone that the protocol hopes to build upon in the near future.

Next Altcoin News, Blockchain News, Cryptocurrency News, News

Benjamin Godfrey is a blockchain enthusiast and journalist who enjoys writing about the real-life applications and innovations of blockchain technology to promote public acceptance and global integration of the emerging technology. His desire to educate people about cryptocurrencies inspired his contributions to well-known blockchain-based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

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