StakeStone (STO) Soars Over 33% Following Binance Listing Announcement
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StakeStone (STO), a decentralized Omnichain liquidity infrastructure protocol, has surged by more than 33% following Binance’s announcement of its listing. According to CoinGecko, the asset reached a peak of $0.184 before experiencing a minor correction, trading at $0.177 at the time of writing.
Binance revealed that the asset will be listed on the exchange on May 2, 2025, at 16:00 (UTC). Trading will open against popular pairs such as USDT, USDC, BNB, FDUSD, and TRY. Additionally, the cryptocurrency will be tagged with the seed tag at launch.
Token Supply and Distribution
StakeStone has a total token supply of 1,000,000,000 STO, with 22.53% (225,333,333 STO) circulating at the time of listing. Of the total supply, 15,000,000 STO (1.5%) will be distributed to eligible users, while another 15,000,000 STO will be allocated to marketing campaigns. The latter will be distributed in batches following the spot listing.
Notably, the project operates on the BNB Smart Chain and Ethereum networks, providing smart contract addresses for each. As per the announcement, users can start depositing STO in preparation for trading, which will be available within the next few hours.
Trading STO on Centralized Exchanges
StakeStone offers several use cases, including the ability to initiate tailored liquidity fundraising strategies through its LiquidityPad platform. It also provides yield-bearing ETH/BTC assets like STONE, SBTC, and STONEBTC, empowering liquidity providers with opportunities to generate returns efficiently.
STO tokens are traded across centralized exchanges, with Bitget being the leading platform for buying and selling StakeStone. The STO/USDT trading pair on Bitget has seen a trading volume of $11,993,979 in the last 24 hours. Other exchanges supporting StakeStone include Gate.io and HTX.
The overall trading volume of StakeStone in the past 24 hours has reached $45,233,508, reflecting a 75% increase compared to the previous day. This rise points to growing market activity.
Thanks to its recent Binance listing and an attractive rewards program, StakeStone (STO) is gaining significant attention. The project is drawing increasing interest from both the Binance community and the broader crypto space.
Binance HODLer Airdrops Participation
The listing follows an exciting development for Binance users, as StakeStone becomes the 17th project featured on the Binance HODLer Airdrops page. Users who subscribed their BNB to Binance’s Simple Earn (Flexible and/or Locked) and On-Chain Yields products between April 27 and April 29, 2025, are eligible for token airdrops as part of this listing.
#Binance is excited to announce the StakeStone (STO) HODLer Airdrop – @Stake_Stone $STO.
BNB Holders, get ready! The Airdrop page will be available on the Binance Airdrop Portal in 5 hours. Plus, this token will be listed on Binance soon!
👉 https://t.co/MvwSCAGUko pic.twitter.com/1atz38D65K
— Binance (@binance) May 2, 2025
A unique feature of the Binance HODLer Airdrops program is that it allows BNB holders to earn token rewards retroactively based on their historical BNB balances. Users who subscribed to Simple Earn or On-Chain Yields are automatically eligible for rewards from various campaigns, including the STO airdrop.
To qualify for the HODLer airdrops, users must subscribe to either the Simple Earn (Flexible and/or Locked) or On-Chain Yields products with their BNB holdings. Eligibility will be determined by historical snapshots, and rewards will be delivered to Spot Accounts within 24 hours of the announcement.
The post StakeStone (STO) Soars Over 33% Following Binance Listing Announcement appeared first on Cointab.
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