Astar Network is a Polkadot-based decentralised app hub that supports Ethereum, WebAssembly, and layer 2 solutions such as ZK Rollups. Shiden Network is a Kusama dApp hub and a sibling network of Astar Network.
Astar Network is a Web3.0 infrastructure that is scalable and interoperable. Astar Network can be a future Polkadot parachain that also works as a scalable smart contract platform because it is designed with Parity’s Substrate foundation. Smart contracts are not supported by the Polkadot Relaychain by design. This gives Astar the chance to fill in the blanks. One of the most important requirements for dApp developers is scalability. ASTR aspires to be a multi-chain smart contract platform that works with multiple blockchains and virtual machines. Let us review the ASTR price
ASTR Price Prediction
Bullish Scenario: ASTR might retrace back to support levels $0.18 since it has gained 200% in price since last month. After retracements, if ASTR manages to break above the resistance level at $0.27 then it would be bullish. Breaking above the $0.31 price level with significant buying volume will lead to a move towards $0.34 and above.
Bearish Scenario: ASTR has been in an uptrend since the last month so we don’t have a strong bearish bias for short-term/mid-term yet. However, If the support level $0.16 doesn’t hold then it will drop further towards $0.14, $0.12 and below sooner or later.
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