StakeStone Crypto Surges Over 40% Following Binance Listing

By Ivan Andonov
Last Updated: May 3, 2025
Fact Checked By: Akiyama Felix

In the ever-evolving landscape of cryptocurrency, the sudden rise of StakeStone (STO) has captured the attention of traders and investors alike. The decentralized liquidity protocol has experienced a staggering 40% increase in value, propelling its market capitalization to around $45 million. This shift has seen the price of STO tokens soar from $0.12 to nearly $0.20 in just 24 hours.

What Is StakeStone?

StakeStone is a decentralized omnichain liquidity protocol, meaning it operates across multiple blockchain networks rather than being confined to a single chain. By utilizing liquidity from various ecosystems, StakeStone aims to optimize yield generation and liquidity distribution. The platform focuses on delivering native staking income and engaging users in the decentralized finance (DeFi) space.

Through the protocol, users can stake cryptocurrencies such as Ethereum and Bitcoin, earning their respective tokenized assets known as STONE (Staked ETH) and SBTC (Staked BTC). These tokens can then be utilized within various DeFi projects, as well as in GameFi and non-fungible token finance (NFTFI) initiatives on different chains.

Incorporating partnerships with innovative firms like Mizulabs, 0xHyperBeat, and Veda Labs, StakeStone is continuously enhancing its liquidity offerings, including integration into HyperEVM Vaults, which automate the sourcing and deployment of yield-bearing liquidity.

Why the Price Surge?

The recent price hike for StakeStone is attributed largely to Binance’s announcement on May 2, 2025, revealing that it would list the STO token. Such listings on major exchanges often lead to significant price movements due to increased visibility, accessibility, and trading volume. Following the announcement, the trading volume for STO exceeded an impressive $150 million within the last 24 hours alone.

Adding to the excitement, Binance declared an airdrop of 15 million STO tokens—amounting to 1.5% of its supply—to users who subscribe to the BNB Simple Earn program. This incentive further attracted attention to StakeStone, enticing new investors eager to benefit from both the airdrop and potential future gains.

BTCBULL: A Competitor in the Incentive Arena

In parallel to StakeStone’s rise, another cryptocurrency project called BTCBULL is gaining traction within the investment community. Currently in its presale stage, BTCBULL has already garnered over $5 million in funding. Early investors can access tokens at a favorable price of $0.00249, positioning BTCBULL as an enticing opportunity ahead of its official launch.

BTCBULL offers a combination of meme culture and attractive incentives, including staking opportunities with an annual percentage yield (APY) of 78%. The project has a community-driven focus, resonating with those anticipating Bitcoin’s value to climb significantly in the future.

As Bitcoin’s price reaches predetermined milestones, such as $25,000, BTCBULL plans to either airdrop BTC or burn BTCBULL tokens, establishing it as a unique contender in the competitive crypto landscape.

Conclusion

As StakeStone makes headlines with its impressive price surge and Binance listing, both seasoned and novice investors are keen to track its trajectory. With ongoing developments in the DeFi sector and the introduction of exciting projects like BTCBULL, the cryptocurrency market remains dynamic and full of opportunities. However, potential investors are reminded that the crypto asset class carries inherent risks, and thorough research is essential before making any investment decisions.

For ongoing updates and insights, follow 99Bitcoins on social media and explore our resources to stay informed on the latest trends in cryptocurrency.

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