Solana-based cryptocurrencies, FIDA and MEW, saw massive price jumps of over 25% after securing listings on top exchanges Binance and Upbit.
FIDA and MEW Secure Key Exchange Listings
On September 19, both Solana Name Service (FIDA) and cat in a dogs world (MEW) achieved critical listings on major crypto exchanges. Binance listed FIDA, launching its FIDAUSDT USD-Margined perpetual contract, while Upbit added MEW with BTC and USDT trading pairs. The listings have sparked global interest and optimism around these tokens.
Binance and Upbit Listings Boost Prices
Binance’s announcement revealed that FIDA would be available for trading with up to 75x leverage, offering users substantial opportunities. Simultaneously, Upbit Korea began supporting MEW transactions. These listings have significantly influenced market sentiment, driving new investments into both tokens.
Tokens Experience Significant Price Gains
Following Binance’s listing, FIDA surged by nearly 45%, trading at $0.3243, with a daily high of $0.3297. MEW saw a 26% jump, reaching $0.00533 after its Upbit debut. This price rally mirrors trends seen with other tokens following exchange listings, such as Kadena (KDA), which surged 30% on Binance.
MEW Derivatives Volume Skyrockets
Coinglass data reported an 82% increase in MEW’s futures open interest, reaching $76.31 million, and a massive 531% jump in derivatives volume, pushing it to $735.63 million. Meanwhile, Solana’s native token (SOL) also rose by 8%, trading at $140.
