- Binance Alpha lists Meteora with airdrop for eligible users.
- Trade begins at 9:00 PM (UTC+8).
- High institutional confidence shown through multi-exchange rollout.
Meteora (MET) debuts on Binance Alpha on October 23, 2025, featuring an exclusive airdrop for eligible users. Sharing approximately 26% of Solanaโs DEX volume, Meteora shows significant market influence, with an estimated TVL of ~$829 million.
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Meteoraโs listing on Binance Alpha marks an impactful moment for Solana DeFi, potentially reshaping market sentiment and improving the ecosystemโs engagement. Binance Alpha announced that it will officially list Meteora (MET) on October 23, marking the tokenโs debut listing. The platform will also open exclusive airdrop rewards for eligible users.
Binance Alpha will offer Meteora (MET) trading, alongside a structured airdrop starting October 23. Users holding Alpha Points will benefit from these exclusive airdrop mechanics, emphasizing Binance Alphaโs role as a market leader. โBinance announced on X that Binance Alpha will be the first platform to feature Meteora (MET) on October 23, 2025. Eligible users can claim their airdrop using Binance Alpha Points on the Alpha Events page once trading opens.โ โ Source
Binance Alphaโs initiative involves listing MET on multiple platforms, demonstrating institutional confidence. Solana currently leads activity on its DEX, which controls about 26% of volume. Such a significant step aligns with Binance Alphaโs strategy of platform expansion and support for decentralized finance.
Meteoraโs entry into Binance Alpha suggests a potential uplift in DEX activity on Solanaโs network, benefiting Solanaโs ecosystem. The listing and airdrop might also drive increased user engagement, further impacting liquidity management and investment inflows positively.
The eventโs significance extends to broader financial markets, with expectations of high trading volumes and potential short-term selling pressures. Historical precedents suggest that trading volumes might spike initially, followed by progressive market stability.
Despite the early stages of Meteoraโs listing, confidence from multi-exchange support indicates potential for a robust market presence. Regulatory and compliance observations remain minimal. However, Binanceโs involvement could sway future regulatory assessments.
Market assessments predict a fully diluted valuation of $1 billion-$1.2 billion for Meteora, highlighting its potential impact. Comparisons with Solanaโs DeFi counterparts reveal similar volatility patterns, suggesting a strong post-launch stabilization phase.