Liquid Staking Derivatives narxLSD

StakeStone ($STO ) is a cryptocurrency that has recently gained attention due to its innovative approach to cross-chain liquidity and staking solutions. As of April 4, 2025, $STO is trading at approximately $0.062 USD, with a 24-hour trading volume of around $31.5 million. The token's market capitalization stands at approximately $14 million, with a circulating supply of 225.33 million $STO coins out of a maximum supply of 1 billion. In the past week, $STO has experienced significant price movements, reaching an all-time high of $0.0819 on April 3, 2025, and an all-time low of $0.0582 on the same day. These fluctuations highlight the token's volatility and the dynamic nature of the cryptocurrency market. Several factors have contributed to STO's upward trend: Exchange Listings: Major cryptocurrency exchanges have recently listed $STO , enhancing its accessibility and liquidity. For instance, MEXC announced the listing of StakeStone (STO) on both spot and futures markets as of April 3, 2025. To celebrate the listing, MEXC launched an airdrop and rewards campaign with a total prize pool of 130,000 USDT. Strategic Partnerships: StakeStone has formed partnerships with leading exchanges like Bitget, which listed $STO in its Innovation, DeFi, and LSD Zone. These collaborations aim to enhance liquidity and promote the adoption of StakeStone's liquidity staking derivatives. Governance and Incentives: $STO serves as the governance token for StakeStone, allowing holders to participate in decision-making processes and influence key protocol parameters. The platform offers additional rewards through veSTO staking, liquidity incentives, and bribe markets, attracting more users and investors. Looking ahead, some analysts predict a positive trajectory for $STO . For example, CoinUnited.io suggests that $STO has shown steady growth since its ICO and aims to reach $2 by 2025, driven by strong market predictions and strategic developments. However, it's important to note that the cryptocurrency market is highly volatile and influenced by various factors, including market sentiment, technological advancements, and regulatory developments. Potential investors should conduct thorough research and consider their risk tolerance before engaging with $STO or any cryptocurrency.

$STO is a governance token designed to coordinate value flows across chains and facilitate decentralized protocol governance. It employs a vote-escrow token model (veSTO), allowing holders to lock $STO tokens to receive veSTO, enhancing their governance capabilities. Additionally, StakeStone implements multiple token burn mechanisms to manage its token supply. As of April 4, 2025, $STO is trading at approximately $0.0625 USD. $STO was listed on Bitget's Innovation, DeFi, and LSD Zone on April 3, 2025, with trading commencing at 10:30 UTC. Deposits were available prior to trading, and withdrawals became available on April 4, 2025, at 11:30 UTC.

Bitget has recently listed $STO in its Innovation, DeFi, and LSD Zones. Deposits for STO are currently open, with trading scheduled to commence on April 3, 2025, at 10:30 UTC. Withdrawals will be available starting April 4, 2025, at 11:30 UTC. $STO offers a liquid staking solution for Ethereum (ETH). By staking ETH through StakeStone's protocol, users receive STONE tokens, which represent their staked assets. This approach allows users to earn staking rewards while maintaining liquidity, enabling participation in various DeFi applications without the need to unstake their ETH.

Bitget Listing: [Initial Listing] Bitget Will List StakeStone (STO) in the Innovation, DeFi and LSD Zone Bitget上新: 【首发上线】Bitget将在创新区、DeFi区、LSD区上线StakeStone（STO）

Bitget, a leading cryptocurrency exchange, has officially listed Solayer's native token, LAYER, in its Innovation, DeFi, and LSD Zones. Deposits for LAYER opened on February 10, 2025, with trading against USDT commencing on February 11, 2025, at 2:00 PM UTC. Withdrawals became available starting February 12, 2025, at 3:00 PM UTC. To celebrate the listing, Bitget has launched several promotional activities: 1. PoolX Airdrop: Participants can lock their LAYER tokens from February 13, 2025, at 2:00 PM UTC to February 20, 2025, at 2:00 PM UTC to share an airdrop pool of 33,700 LAYER tokens. 2. Community Campaign: New users who join Bitget's Discord and BGB Holders Group, complete KYC verification, and execute a LAYER spot trade of any amount between February 11, 2025, at 8:00 AM UTC and February 20, 2025, at 8:00 AM UTC are eligible to receive a LAYER airdrop ranging from $10 to $20. Additionally, users who complete a net deposit of over 100 USDT during this period will receive an extra $10 LAYER airdrop. Solayer is developing InfiniSVM, a next-generation blockchain architecture designed to achieve unprecedented throughput, low latency, and robust composability. Leveraging Infiniband RDMA for near-microsecond inter-node communication and advanced concurrency control strategies, InfiniSVM aims to push blockchain performance to hardware limits, targeting over 1 million transactions per second and network bandwidth exceeding 100 Gbps. This design provides a path for next-generation applications that require high throughput, low fees, and a seamless composable environment. The listing of LAYER on Bitget is expected to enhance the token's liquidity and attract a broader user base, contributing to the ongoing growth and adoption of the Solayer ecosystem. As of February 15, 2025, LAYER is trading at $0.0351, reflecting a decrease of 0.956% from the previous close. The day's trading range has seen a high of $0.8136 and a low of $0.0350.