- Binance Wallet and StakeStone host a TGE, aiming for $1 million BNB raised.
- Token price rises 200%, showing strong market confidence.
- StakeStone continues its partnership with Binance, highlighting cross-chain liquidity efforts.
Binance Wallet and StakeStone will launch the StakeStone Token Generation Event (TGE) on April 3rd on PancakeSwap. The event is set from 08:00-08:30 UTC.
The TGE offers 50 million StakeStone (STO) tokens at $0.02 each, targeting a $1 million BNB raise. StakeStone focuses on resolving blockchain liquidity fragmentation through its omnichain infrastructure.
StakeStone TGE Seeks $1 Million with 50M Tokens
StakeStone’s TGE is Binance Wallet’s eighth exclusive event. StakeStone, founded in 2023, aims to resolve liquidity fragmentation across blockchains. Its protocol is central to offering solutions for cross-chain liquidity. The TGE demonstrates Binance’s continued efforts to showcase innovative projects, further solidifying its position in the crypto ecosystem. The STO token saw a substantial increase post-event, with market evaluations pushing its value from $0.02 to $0.06, indicating strong investor interest and market confidence.
Increased market attention for omnichain solutions. The TGE introduces a new option for mitigating liquidity fragmentation, which could influence trading dynamics across multiple blockchain networks, providing a more seamless transaction possibility. Binance’s engagement with StakeStone underscores their commitment to enhancing liquidity solutions. Notable crypto entities have noted the event, hinting at further evolvement in DeFi systems through such initiatives.
This development is significant, potentially increasing its adoption within the DeFi space. Further industry shifts may be anticipated due to growing interest in liquidity fragmentation solutions.
Omnichain Solutions Drive Increased Market Focus
Did you know? StakeStone previously partnered with Binance’s Web3 Wallet for airdrops, reinforcing its longstanding collaboration aimed at advancing cross-chain liquidity solutions.
StakeStone’s (STO) price has appreciated to $0.06 with a market cap of $14.42 million, as per CoinMarketCap. The token witnessed a consistent 4.05% price change across various time frames, reflecting stability post-launch. The circulating supply is at 225,333,333 tokens, as of April 3, 2025, 13:59 UTC.
The Coincu research team suggests StakeStone’s TGE could lead to expanded adoption of cross-chain liquidity protocols: StakeStone has achieved a $645 million TVL by 2023 and has worked with notable partners like Lido and P2P.org.
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