StakeStone (STO) reaches ATH at 0.2 USD upon Binance listing

Binance, the world's largest cryptocurrency exchange, announced the listing of StakeStone (STO) on May 2, attracting strong attention from the crypto community.

The initial listing price of STO was 0.0956 USD, increasing by over 100%, helping STO achieve a new ATH at 0.203 USD. The most recent all-time high that StakeStone reached was 0.19 USD after Binance announced the listing of the project on the exchange. Currently, STO maintains a price of 0.19 USD, indicating the exchange's appeal to the investor community.

Previously, STO traded on Binance Alpha before moving to the spot exchange. Following the listing announcement, the price of STO experienced significant fluctuations due to market sentiment and inflows of capital. Data from Coinmarketcap shows that STO quickly rose by 50%.

StakeStone is an omnichain liquidity infrastructure protocol that enables seamless liquidity flow across blockchains such as BNB Chain, Ethereum, and Solana. Launched with the goal of redefining how liquidity is managed in DeFi, StakeStone offers effective staking and yield farming solutions.

The project attracted funding from YZi Labs and several other major investors due to its superior technological potential. In this, the STO token plays a central role, used for trading, governance, and rewarding participants.

STO has a total supply of 1 billion tokens with an FDV exceeding 170 million USD. The project's market capitalization currently stands at 441 million USD.

The StakeStone ecosystem stands out with its multichain interoperability, optimizing yields, and security that has been audited. The project's technology focuses on reducing transaction fees and increasing processing speed, aligning with the trend of scaling blockchain.

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