aster-2:native is trading at roughly a 30x P/E.
Let that sink in.
At a ~$2B market cap, Aster is generating ~$5.5M in monthly profit around $66M annualized.
That’s a ~30x P/E while we’re barely coming out of a bear market.
Now imagine what happens if earnings grow anywhere close to 100% YoY during the first few years:
$66M → $132M → $264M → $528M.
At the same $2B valuation, that would compress the P/E from:
30x → 15x → 7.6x → 3.8x
And that’s without even accounting for ASTER’s deflationary mechanisms, which directly benefit holders as the ecosystem grows.
Expanding activity.
Growing profits.
Shrinking supply.
For an early-stage protocol emerging from a bear market, this valuation looks ridiculously cheap to me.
The market is pricing $ASTER on today’s numbers.
I’m looking at what those numbers could become.
$ASTER
Everyone should be able to access high-quality financial assets, wherever they live.
That's what tokenization unlocks: taking the best of US capital markets and making them available on a global scale.
The industry is still small compared with global finance, but the advantages are becoming harder to ignore. Traditional market infrastructure was built around fixed hours, closed networks and layers of intermediaries. It was never designed for 24/7 execution, programmable assets, composability or self-custody.
The needs of investors have moved faster than the rails underneath them. We're working to change that.
What gives me confidence is seeing how many different people are now pushing this industry forward. Founders are building new products, LPs are bringing liquidity, traders are finding new uses, and infrastructure teams are making the whole thing work.
It's a privilege to be in the trenches with all of you.
We are still early, and there is a huge amount left to build. It will also take time and effort for the old guard to get onboard. This is worth fighting for.
Apes volume climbs into the Top 3 on #RobinhoodChain in the last 48..... 🦍🦍🦍
.....and the Best is yet to come 😉
Also, keep an eye out for details on Saturday's Poker
#SuitUp#RobinhoodNFTs
Sparky Brokers are coming to @RobinhoodCrypto.
Burn $SRK to activate, fuse two for a bigger multiplier.
Utility NFTs, not securities. Mint details soon.
Sparky Brokers are coming to @RobinhoodCrypto.
Burn $SRK to activate, fuse two for a bigger multiplier.
Utility NFTs, not securities. Mint details soon.