Binance's Listing Sparks Significant Surges in Value for These Two Cryptocurrencies
Unleashing the Frenzy: Binance-Boosted Altcoins SYRUP and KMNO Soar Over 30%
Two fresh tokens, SYRUP from Maple Finance and KMNO from Kamino, skyrocketed by more than 30% after securing a Binance listing today. Both have been lurking in the DeFi scene for some time, but their native tokens were launched relatively recently.
KMNO took a dip below its pre-listing value due to sell-offs, but it's still almost 85% up for the past month. SYRUP, on the other hand, enjoyed an additional boost from its recent Coinbase listing.
Binance's Listing Magic Remains Intact
By now, it's glaringly evident that Binance listings can unleash a frenzy in the crypto world. Despite a few hiccups here and there, these listings have the power to significantly enhance tokens' value. Today, SYRUP and KMNO appear to be carrying on this tradition, with their announcements resulting in impressive rallies.
Maple Finance, the maker of SYRUP, has been operating in the DeFi realm for several years before entering the token game. The project debuted in 2019, while the SYRUP token went live last November. Maple took off on Solana and Ethereum in 2021, but it's been rather quiet since. However, recognition has been growing lately, culminating in the Binance listing.
Kamino Finance, the creator of KMNO, bears some resemblance to SYRUP. This Solana-powered DeFi liquidity protocol had its roots years ago, but KMNO didn't hit the market until April 2024. Like Maple, Kamino has been grabbing attention in 2025 and is now considered a significant player in Solana's DeFi ecosystem.
Intriguingly, KMNO deviated from the usual listing trend for a bit. After its initial spike, the token plummeted just below its pre-listing valuation. But don't worry, it bounced back up quickly.
KMNO experienced rapid corrections after the initial surge, as traders cashed out their profits, but it's still up 80% for the past month.
Bottom Line: Although KMNO had a brief setback, both assets have behaved much as expected. Binance's listings continue to wield substantial influence.
This event, however, didn't offer much insight into Binance's future listing inclinations.
Binance listed two DeFi-centric projects that operate partially on Solana, both established before the token launch. Apart from that, there's not much common ground; these projects serve different purposes. Nonetheless, additional data points are always useful.
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Disclaimer
BeInCrypto is dedicated to unbiased, transparent reporting. This article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making decisions based on this content.
- The DeFi scene recently witnessed SYRUP and KMNO tokens surging over 30%, following their successful Binance listings.
- Despite encountering temporary sell-offs, KMNO still displays an impressive 85% growth for the past month.
- In contrast, SYRUP enjoyed an extra boost from its previous Coinbase listing.
- Clearly, Binance listings have the potential to drastically increase a token's value in the crypto world.
- Maple Finance, the developer of SYRUP, has been active in the DeFi realm for several years, debuting in 2019 and launching the SYRUP token last November.
- Kamino Finance, responsible for KMNO, shares similarities with SYRUP, as both are Solana-powered DeFi liquidity protocols operating in the same ecosystem.
- Remarkably, KMNO experienced a momentary setback after its listing, dipping below its initial value, but quickly recovered.
- Despite the brief setback, both tokens have followed the expected trend, demonstrating Binance's continuing influence in the crypto market.
- This latest listing offers limited insight into Binance's future inclinations, as the two projects serve different purposes and partly operate on Solana.
