Will $STO Be the Staking Protocol That Stands Out?

With a lot of staking protocols out there, it is clear there is a growing demand for something that truly stands out. StakeStone and its $STO token might be one to watch. Listing on Bitget on April 3, $STO is part of an omnichain liquidity and staking protocol aimed at solving issues like liquidity fragmentation for ETH and BTC stakers. Instead of the usual staking options, they are offering yield bearing $STONE and $STONEBTC tokens, along with a multichain $SBTC.

The project has already raised over $22M from investors like Binance Labs, Polychain, and Hashkey, and it’s supported by Bitget Wallet since 2024. With Binance backing it, $STO has a lot of attention heading its way.

I am just curious to see how it performs in a crowded market. Will it bring real innovation to staking, or is it just another project trying to follow the trend?