Lorenzo Protocol (BANK) Surges Over 85% Ahead of Binance Spot Listing

BANK and MET showcase mixed priced movements ahead of their Binance Spot listings as traders position for new pairs, stronger liquidity, and early-stage growth.
Senior Editor
Binance
Binance

Key Points

BANK surged sharply ahead of its Binance Spot listing and gained strong speculative interest.
MET consolidated after a mild pullback but stayed firmly higher on the week.
New Binance trading pairs and expanded liquidity are expected to drive increased market activity for both tokens.

Two emerging altcoins are seeing sharp moves ahead of their Binance listing, with traders rushing to position before spot trading opens. Lorenzo Protocol (BANK) and Meteora (MET) have captured significant market attention after Binance confirmed that both tokens will join its Spot Market today at 14:00 UTC.

The exchange revealed that BANK and MET would each receive three new pairs: BANK/USDT, BANK/USDC, BANK/TRY, MET/USDT, MET/USDC, and MET/TRY. Deposits opened an hour before trading, while withdrawals will go live on November 14. Binance also confirmed a 0 BNB listing fee and the allocation of 63 million BANK and 4 million MET towards future marketing campaigns.

Furthermore, the exchange further highlighted that both assets carry the Seed Tag (ST), indicating their early-stage status and potential for rapid growth within Binance’s ecosystem. Once spot trading begins, both tokens will be removed from Binance Alpha, although users will retain the ability to transfer balances to their Spot Accounts.

BANK Price Soars Over 85% Amid Binance Listing 

Lorenzo Protocol has displayed notable resilience across the broader market. Its price rose over 8% in the past 24 hours and now trades at around $0.08. The token already holds listings across major trading venues, including Bitget, KuCoin, Gate.io, HTX, BingX, BitMart, and PancakeSwap.

Meanwhile, following its listing on Binance, investors quickly responded by purchasing the token ahead of its trading on the world’s largest crypto exchange. BANK soared more than 85% in the hours following the announcement, rising from around $0.078 to $0.145. Its remarkable performance far outpaced MET’s smaller gain.

Consequently, the migration to Binance Spot is expected to expand global liquidity and potentially compress spreads once higher-volume traders enter the market. Clearpool’s recent surge after its Upbit announcement offers a comparable example, reinforcing the influence major listings have on early-stage tokens.

MET Consolidates Despite Temporary Pullback

Meteora recorded a mild 10% decline over the past day, trading around $0.49. Despite the dip, MET remains up more than 38% over the past week, supported by persistent activity on the Solana network.

The token benefits from extensive coverage across major platforms, including Coinbase, OKX, Bybit, KuCoin, and Gate.io, where daily trading volumes consistently exceed $250 million. In addition, ongoing legal scrutiny involving founder Benjamin Chow has weighed on sentiment.

Disclaimer: CoinRemark is an independent digital magazine focused on delivering timely news, analysis, and opinion about the cryptocurrency and blockchain industry. While CoinRemark may collaborate with partners or feature sponsored content, our editorial team maintains full independence in reporting and analysis. Any sponsored articles or press releases will always be clearly labeled as such.

© 2025 CoinRemark. All Rights Reserved. The content provided is for informational purposes only and should not be construed as legal, tax, investment, financial, or professional advice. Readers are encouraged to conduct their own research before making any decisions related to cryptocurrency or digital assets.

Brenda Kanana

Brenda is a writer with three years of experience specializing in cryptocurrency, artificial intelligence and emerging technologies. She graduated from the University of Mombasa with a degree in Psychology. She has worked at CryptoPolitan and Blockchain Reporter.
See profile

Fear & Greed Index

Extreme Fear Fear Neutral Greed Extreme Greed
13/100
Extreme Fear

Loading...

BANK
$---.-- --.--%
Market Cap $---.--B
24h Volume $---.--B
Circulating Supply ---.--M
Rank #---
Risk Score ---
7d Change --.--%

Loading cryptocurrency information...

Fear & Greed Index

Extreme Fear Fear Neutral Greed Extreme Greed
13/100
Extreme Fear

Loading...

BANK
$---.-- --.--%
Market Cap $---.--B
24h Volume $---.--B
Circulating Supply ---.--M
Rank #---
Risk Score ---
7d Change --.--%

Loading cryptocurrency information...