Maple Finance Rockets 65% on Binance & Grayscale’s Stamp of Approval
Institutional validation strikes again—Maple Finance’s token surges as crypto’s old-money gatekeepers give their blessing. Who needs fundamentals when you’ve got hype and a Binance listing?
Grayscale’s latest endorsement adds fuel to the fire, proving once more that in crypto, the golden rule applies: money flows where the whales swim. Just don’t ask about the underlying collateral.
Another day, another DeFi blue chip riding the institutional coattails to irrational valuations. At least the exit liquidity looks healthy this time.
Maple Finance Surges After Binance Listing
Maple Finance, a DeFi protocol operating on Solana and Ethereum, is in focus.
Yesterday, its native token, SYRUP, skyrocketed by 50%, adding 65% in one, making it one of the best cryptos to consider buying in May 2025.
Smart investors can capitalize on this surge, with potential for further gains in the coming days.
The rally follows a pivotal month for Maple Finance.
Yesterday, Binance, the world’s largest crypto exchange by client count and volume, announced the listing of three tokens, including SYRUP, under a seed tag.
Trading for $SYRUP is now live on @Binance.
DeFi’s largest asset manager meets crypto’s largest exchange.
pic.twitter.com/ftAEe8EmPY
— Maple (@maplefinance) May 6, 2025
The token was paired with USDT and USDC, two of the most liquid stablecoins. The “seed tag” indicates that the token is a high-risk, high-reward investment due to its high-potential status.
Trading began on May 6 at 15:00 UTC, and the community response was immediate.
Unlike some assets that drop due to profit-taking by venture capitalists or early adopters, SYRUP holders didn’t sell, driving prices higher with hopes of significant gains.
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 best meme coins on Solana have rallied after listing on the exchange. As of May 2025, Binance had over 250 million customers.
On Kraken, the SYRUP/USD price surged to nearly $0.30 before pulling back.
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.
TVL Grows as Grayscale Endorses SYRUP
If bullish momentum persists, SYRUP could sustain its uptrend, attracting more capital, boosting its market cap, and increasing total value locked (TVL).
According to DeFiLlama, the Maple Finance TVL stands above $750 million.
Impressively, its TVL has been growing steadily, rising by over 15X in the past year.
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.
The resilient TVL makes SYRUP a standout, attracting traders and even institutions eager to capitalize on its popularity.
Earlier this month, Grayscale Research included SYRUP in its Top 20 Digital Assets list, a significant endorsement for Maple Finance.
The listing highlights the protocol’s role in advancing on-chain capital market infrastructure and reflects Grayscale’s confidence in its fundamentals, adoption, and strategic positioning.
Maple Finance was also invited to participate in the United States SEC roundtable on tokenization. The event is scheduled for May 12.
Sid Powell, the CEO, announced on X that he was “excited” to attend as it is a “recognition of their leadership in the tokenization and RWA space.”
8 High-Risk High-Reward Cryptos for 2025
Maple Finance SYRUP Soars After Binance Listing And Grayscale Endorsement
- Maple Finance’s SYRUP soars after Binance listing
- SYRUPUSDT may break $0.40, registering new highs
- DeFi tokens under pressure as TVL slides
- Grayscale Research recognizes Maple Finance and its role in promoting DeFi
