Omnichain liquidity infrastructure protocol StakeStone is up 20%, buoyed by a string of exchange listings.
StakeStone (<a href="https://crypto.news/price/stakestone/" rel="noopener noreferrer nofollow">STO</a>) has launched into the spotlight following the recent announcement of its <a href="https://crypto.news/binance-wallet-to-host-8th-tge-featuring-stakestone/" rel="noopener noreferrer nofollow">token generation event</a> by Binance Wallet, which took place from from 08:00 AM to 08:30 AM UTC today.
Following the TGE, multiple exchanges listed the token for spot trading. MEXC just <a href="https://www.mexc.com/support/articles/17827791523072?utm_source=flashnews&amp;utm_medium=cc&amp;utm_campaign=STO" target="_blank" rel="noopener noreferrer nofollow">launched</a> STO with the Airdrop+ event, with a total prize pool of 130,000 USDT. The event has already started and will end on April 13. <a href="https://www.bitget.com/zh-CN/support/articles/12560603824928" target="_blank" rel="noopener noreferrer nofollow">Bitget</a> and <a href="https://www.kucoin.com/announcement/en-stakestone-sto-gets-listed-on-kucoin-world-premiere" target="_blank" rel="noopener noreferrer nofollow">Kucoin</a> followed suit, with Kukoin also launching two promotional campaigns for the token with a combined $25,000 prize pool, which will run concurrently until April 10.
In addition to spot listing, StakeStone was <a href="https://www.binance.com/en/square/post/04-03-2025-binance-alpha-sto-22416132877137" target="_blank" rel="noopener noreferrer nofollow">launched</a> on Binance Alpha. <a href="https://crypto.news/bingx-labs-invests-10m-in-stakestone-to-expand-liquidity-staking/" rel="noopener noreferrer nofollow">BingX</a> also <a href="https://bingx.com/en/support/articles/12331384902543/" target="_blank" rel="noopener noreferrer nofollow">launched</a> STO staking event on its Launchpool, allowing users to stake Tether (<a href="https://crypto.news/price/tether/" rel="noopener noreferrer nofollow">USDT</a>) or Bitcoin (<a href="https://crypto.news/price/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>) to earn a share of 400,000 STO tokens for free. New users also eligible for an extra $120 Futures Bonus Voucher. The staking period run will run until April 6.
Following these developments, STO surged to $0.06 at press time, up by 200% from its Binance Wallet’s initial DEX offering price of $0.02, according to <a href="https://cryptorank.io/ico/stakestone" target="_blank" rel="noopener noreferrer nofollow">CryptoRank.io</a>.
You might also like: <a href="https://crypto.news/binance-wallet-to-host-8th-tge-featuring-stakestone/" rel="noopener noreferrer nofollow"> Binance Wallet to host 8th TGE, featuring StakeStone </a>
StakeStone <a href="https://docs.stakestone.io/stakestone/governance/roadmap" target="_blank" rel="noopener noreferrer nofollow">began development</a> in July 2023 with the launch of its testnet. In September that year, it launched its mainnet. By the end of 2023, it achieved a total value locked of 290K ETH (~$645 million), becoming the 5th largest stETH holder on-chain, and onboarded over 93,000 users while integrating with over protocols.
In November 2024, <a href="https://crypto.news/stakestone-x-native-introducing-the-redefined-era-of-liquidity/" rel="noopener noreferrer nofollow">StakeStone</a> launched its <a href="https://crypto.news/binance-wallet-to-host-8th-tge-featuring-stakestone/" rel="noopener noreferrer nofollow">SBTC and STONEBTC</a> products, and closed a Series A funding round led by Polychain Capital. In December 2024, it launched a pre-deposit DeFi vault on Berachain (<a href="https://crypto.news/price/berachain/" rel="noopener noreferrer nofollow">BERA</a>), targeting retail users, and established key partnerships with Lido and P2P.org.
This year, the project also introduced LiquidityPad, enabling users to access exclusive opportunities and earn token rewards by providing liquidity to a wide range of cross-chain apps and ecosystems.
According to StakeStone’s <a href="https://docs.stakestone.io/stakestone/governance/tokenomics" target="_blank" rel="noopener noreferrer nofollow">official website</a>, token allocation and vesting plan will be published soon.
You might also like: <a href="https://crypto.news/bingx-labs-invests-10m-in-stakestone-to-expand-liquidity-staking/" rel="noopener noreferrer nofollow"> BingX Labs invests $10m in StakeStone to expand liquidity staking </a>

StakeStone price surges 20% after a wave of exchange listings

crypto.news

Other articles published on Apr 3, 2025

Join our free newsletter for daily crypto updates!