Altcoins SYRUP, KMNO Surge 30% Post-Binance Listing

Two altcoins, Maple’s SYRUP and Kamino’s KMNO, experienced significant price surges, each rising over 30% following their listing on Binance. Maple Finance and Kamino have been active participants in the decentralized finance (DeFi) space for several years, but their native tokens are relatively new.

KMNO briefly dipped below its pre-listing valuation due to profit-taking activities, but it has since recovered and remains nearly 85% higher over the past month. Meanwhile, SYRUP also received a listing on Coinbase last week, which further boosted its demand.

Binance listings have consistently shown their ability to provide substantial boosts to tokens, despite occasional setbacks. Today, SYRUP and KMNO followed this trend, with the listing announcement leading to significant rallies.

Maple Finance, a DeFi institutional lender, was launched in 2019, while its native SYRUP token went live in November 2023. The project's DeFi lending platform gained traction on Solana and Ethereum in 2021 but has been relatively quiet since. However, recognition for Maple has been growing, culminating in the recent Binance listing.

Kamino Finance’s KMNO, the other altcoin listed on Binance, shares similarities with SYRUP. This Solana-based DeFi liquidity protocol also launched years ago, but KMNO first hit the market in April 2024. Kamino has been gaining prominence in 2025 and is currently considered a major protocol in Solana’s DeFi ecosystem.

KMNO initially bucked the Binance listing trend by falling sharply after its first spike over 20%. For a brief period, its price was lower than its pre-listing valuation, but it quickly rebounded. Kamino saw quick corrections after the initial rally as traders liquidated to take profits, but it remains up 80% in the last month.

In summary, despite KMNO’s minor setback, both assets performed within general expectations. Binance’s listings continue to be highly influential. However, this event did not provide much insight into the exchange’s overall inclinations toward future listings.

Binance listed two DeFi-centric protocols that operate, at least partially, on Solana, with years of operation before a token launch. Other than that, there aren’t many similarities; both projects have different core functions. Still, it’s useful to have additional data points for Binance listings.