Binance Lists BANK and MET Tokens Amid Price Volatility

Binance announced the listing of Lorenzo Protocol (BANK) and Meteora (MET) on November 13 at 2:00 PM UTC. These tokens will be available for spot trading with USDT, USDC, and TRY pairs.
Deposits for BANK and MET open one hour before trading begins, while withdrawals start on November 14 at 2:00 PM UTC to prevent price manipulation.
Before the official Binance listing, these tokens were accessible through Binance Alpha Market, a pre-listing pool. They will be removed from this platform once live on the spot exchange.
BANK and MET are tagged with Binance’s “Seed Tag,” indicating they are innovative yet new projects, potentially volatile but offering high rewards and risks.

BANK Price Movement

The announcement led to a rapid price surge in BANK, increasing over 90% from $0.07 to $0.13, currently stabilizing around $0.090.
Lorenzo Protocol is an institutional-grade, on-chain asset management platform on the BNB Smart Chain, offering yield-generating strategies, real-world asset integration, and liquid staking mechanisms.
BANK’s market capitalization stands at $45.43 million, with expectations of increased visibility and liquidity following the Binance listing.

Meteora, a DeFi liquidity layer on Solana, saw a price decline of about 7%, now trading near $0.49, despite a 33% increase in its 24-hour trading volume.
This marks Binance's first Solana-based listing in six months.