{"id":64436,"date":"2025-05-07T09:03:29","date_gmt":"2025-05-07T09:03:29","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=64436"},"modified":"2025-05-07T09:03:29","modified_gmt":"2025-05-07T09:03:29","slug":"maple-finance-soars-65-after-binance-and-grayscale-endorsements","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=64436","title":{"rendered":"Maple Finance Soars 65% After Binance and Grayscale Endorsements"},"content":{"rendered":"

Maple Finance SYRUP token surged 65% after listing on Binance. SYRUPUSDT prices may break $0.40. Grayscale Research has also endorsed the project, highlighting its role in building infrastructure crucial for onchain markets.<\/em><\/p>\n

DeFi tokens like Lido, Hype, and Uniswap continue to struggle for momentum, posting losses over the past 24 hours. Their performance reflects the broader challenges in trustless swapping, staking, and yield farming, as well as the crypto market as a whole. While Lido, for instance, is currently underperforming, not all DeFi tokens are being hammered.<\/span><\/p>\n

DISCOVER:\u00a0<\/span>20+ Next Crypto to Explode in 2025<\/span><\/a><\/strong><\/p>\n

Maple Finance Surges After Binance Listing<\/span><\/strong><\/h2>\n

Maple Finance, a DeFi protocol operating on Solana and Ethereum, is in focus. <\/span><\/p>\n

Yesterday, its native token, SYRUP, skyrocketed by 50%, adding 65% in one, making it one of the <\/span>best cryptos to consider buying<\/span><\/a> in May 2025.<\/span><\/p>\n\n

(Source<\/a>)<\/strong><\/p>\n

Smart investors can capitalize on this surge, with potential for further gains in the coming days.<\/span><\/p>\n

The rally follows a pivotal month for Maple Finance. <\/span><\/p>\n

Yesterday, Binance, the world\u2019s largest crypto exchange by client count and volume, <\/span>announced<\/span><\/a> the listing of three tokens, including SYRUP, under a seed tag. <\/span><\/p>\n

Trading for $SYRUP<\/a> is now live on @Binance<\/a>.<\/p>\n

DeFi\u2019s largest asset manager meets crypto\u2019s largest exchange. pic.twitter.com\/ftAEe8EmPY<\/a><\/p>\n

\u2014 Maple (@maplefinance) May 6, 2025<\/a><\/p>\n\n

The token was paired with USDT and USDC, two of the most liquid stablecoins. The \u201cseed tag\u201d indicates that the token is a high-risk, high-reward investment due to its high-potential status.<\/span><\/p>\n

Trading began on May 6 at 15:00 UTC, and the community response was immediate. <\/span><\/p>\n

Unlike some assets that drop due to profit-taking by venture capitalists or early adopters, SYRUP holders didn\u2019t sell, driving prices higher with hopes of significant gains. <\/span><\/p>\n

This uptick was anticipated, as Binance listings of small-cap, high-potential projects historically boost visibility, liquidity, and access for millions of global retail traders. Some of the <\/span>best meme coins on Solana<\/span><\/a> have rallied after listing on the exchange. As of May 2025, Binance had over 250 million customers.<\/span><\/p>\n

On Kraken, the SYRUP\/USD price surged to nearly $0.30 before pulling back.<\/span><\/p>\n\n

(SYRUPUSDT<\/a>)<\/strong><\/p>\n

This rally broke the token out of a momentum-sapping accumulation phase from early 2025, setting the stage for potential gains that could see SYRUP breach $0.40 in the coming sessions.<\/span><\/p>\n

TVL Grows as Grayscale Endorses SYRUP<\/span><\/strong><\/h2>\n

If bullish momentum persists, SYRUP could sustain its uptrend, attracting more capital, boosting its market cap, and increasing total value locked (TVL). <\/span><\/p>\n

According to <\/span>DeFiLlama<\/span>, the Maple Finance TVL stands above $750 million.<\/span><\/p>\n\n

(Source<\/a>)<\/strong><\/p>\n

Impressively, its TVL has been growing steadily, rising by over 15X in the past year.<\/span><\/p>\n

This TVL growth contrasts with the broader DeFi market, where total TVL has contracted to nearly $98 billion over the past four months. At the peak of the last bull cycle, DeFi TVL reached $133 billion, though still below the $176 billion recorded in early 2022. <\/span><\/p>\n

The resilient TVL makes SYRUP a standout, attracting traders and even institutions eager to capitalize on its popularity.<\/span><\/p>\n

Earlier this month, Grayscale Research <\/span>included<\/span><\/a> SYRUP in its Top 20 Digital Assets list, a significant endorsement for Maple Finance.<\/span><\/p>\n\n

(Source<\/a>)<\/strong><\/p>\n

The listing highlights the protocol\u2019s role in advancing on-chain capital market infrastructure and reflects Grayscale\u2019s confidence in its fundamentals, adoption, and strategic positioning.<\/span><\/p>\n

Maple Finance was also invited to participate in the United States SEC roundtable on tokenization. The event is <\/span>scheduled<\/span><\/a> for May 12. <\/span><\/p>\n

Sid Powell, the CEO, announced on X that he was \u201cexcited\u201d to attend as it is a \u201crecognition of their leadership in the tokenization and RWA space.\u201d<\/span><\/p>\n

DISCOVER:<\/span><\/strong> 8 High-Risk High-Reward Cryptos for 2025<\/span><\/a><\/p>\n

\n

Maple Finance SYRUP Soars After Binance Listing And Grayscale Endorsement<\/h3>\n

Maple Finance\u2019s SYRUP soars after Binance listing<\/span>\u00a0<\/span> <\/p>\n

SYRUPUSDT may break $0.40, registering new highs<\/span>\u00a0<\/span> <\/p>\n

DeFi tokens under pressure as TVL slides<\/span>\u00a0<\/span>\u00a0<\/span> <\/p>\n

Grayscale Research recognizes Maple Finance and its role in promoting DeFi <\/span> <\/p><\/div>\n

The post Maple Finance Soars 65% After Binance and Grayscale Endorsements<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Maple Finance SYRUP token surged 65% after listing on Binance. SYRUPUSDT prices may break $0.40. Grayscale Research has also endorsed the project, highlighting its role in building infrastructure crucial for onchain markets. DeFi tokens like Lido, Hype, and Uniswap continue to struggle for momentum, posting losses over the past 24 hours. Their performance reflects the […]<\/p>\n","protected":false},"author":0,"featured_media":64437,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-64436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/64436"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64436"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/64436\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/64437"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}