Stake Stone @Stake_Stone's trading volume on Binance Alpha is only $7?
I don't know if this is a display error or something, it's very strange.
Wallet TGE + Alpha + contract, and such a good project surely has many people trading with expectations.
It's a simple principle; Brother Stone's predecessor was doing ETH re-staking. If ETH re-staking can't continue, or if ETH is not viable, he switched to Babylon to do BTC, and finally transitioned to all-chain liquidity.
His ability to pivot and the level of VC recognition are very high.
I won't discuss the more technically difficult aspects; Stake Stone is essentially an all-chain liquidity solution, utilizing a Pre-Deposit treasury method to raise the liquidity needed for early cold starts.
Therefore, his achievements are the most objective:
DEFI: Berachain
RWA Protocol: Plume
RWA Assets: Story
BTC Ecosystem: Goat
He addresses the liquidity isolation problem of emerging public chains and application chains, which is something many exchanges want to integrate in this era where liquidity is king.
You can see that exchanges like Binance and OKX have invested, and recently @animocabrands has also invested, wanting to explore an IP-based RWA ecosystem and the combination with DeFi alongside Brother Stone.
The TGE timing set the boundary conditions, and the price reflects the valuation expectations.
This project has also been unfortunate; it encountered a trade war at the time of the TGE and has not been heavily promoted.
Only with the TGE of Babylon did people realize the close relationship between Brother Stone and Babylon, leading to value discovery.
Even if it was bought at $0.06 during TGE, it is now at a price of $0.1, and other exchanges' trading volumes have also surpassed ten million, making it one of the stronger coins in Binance Wallet TGE.
I contemplated the path of its value return:
Babylon discovers value --- VC values at $150 million currently unable to exit liquidity --- loosening of DeFi staking policies (the recent rise of CRV) -- successful pivot of Kernel to BNB staking in the spot market --- building the expectations that are favored by major exchanges.
And you, my friend, @Stake_Stone Brother Stone, you are now ready, just lacking someone with vision in the capital market to promote it.
I bought a little, those TGE projects that are leaking urine like $shell, not as good as getting some with money, liquidity, and pivoting ability, then look like the honest Brother Stone.