NEWT Token Surges 50% After Major Exchange Listings and Airdrop, Hits $800M Trading Volume

Newton Protocol (NEWT) experienced significant price volatility following its spot listing on major exchanges, including Binance, on June 24, 2025. The price surged from a 24-hour open of $0.3000 to a high of $0.82, driven by initial listing momentum and airdrop distributions to BNB Simple Earn and On-Chain Yields subscribers, as well as Alpha Airdrop event participants. However, the influx of unlocked tokens from the airdrop and profit-taking by early holders led to a sharp correction, with the price retracing to approximately $0.4520, representing a 50.67% increase over the past 24 hours based on Binance data.

Currently, NEWT trades at $0.4520 with a market capitalization near $99.35 million and 24-hour trading volume exceeding $800 million, reflecting high speculative activity and substantial liquidity. The token remains in a consolidation phase, with technical indicators showing a neutral-to-bearish short-term outlook as the market digests recent supply increases and monitors for new developments.