STO surges 100% hitting a new high of $0.204 following Binance debut
Binance airdrop boosts STO with 15 million tokens spurring active market participation
Support and resistance levels key as STO tests $0.21 resistance with support near $0.175
StakeStone (STO) climbed over 100% during the first week of May 2025, hitting a record high near $0.204 shortly after its debut on the Binance exchange on May 2nd.
The token’s price rallied from $0.13 to over $0.21 intraday, driven by a perfect storm of bullish catalysts including a highly anticipated airdrop campaign and expanded exchange access. Trading volume spiked above $85 million, making STO one of the top gainers in the market.
Binance Listing and HODLer Airdrop Fuel STO Demand
The Binance listing introduced STO to a much wider user base with trading pairs against USDT, USDC, BNB, FDUSD, and TRY.
The move was amplified by Binance’s HODLer airdrop of 15 million tokens, allocated to users subscribed to BNB Simple Earn products. The airdrop, which represented 1.5% of STO’s total supply, helped convert passive holders into active market participants, reinforcing buying interest.
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