- Meteora announces $1 billion pre-market valuation ahead of TGE.
- Strong venture capital backing fuels confidence.
- Potential impact on Solana’s DeFi ecosystem assets.
Meteora, a DeFi protocol on Solana, targets a $1 billion pre-market valuation with its Token Generation Event set for October 23, 2025.
The event could significantly influence Solana’s DeFi landscape, impacting liquidity markets and governance through its MET token’s launch, attracting considerable venture capital interest.
The Token Generation Event (TGE) for Meteora, scheduled for October 23, 2025, has emerged with a pre-market valuation of $1 billion. The event is notably backed by high interest in the Solana ecosystem and notable venture capital support.
Meteora evolved from Mercurial Finance following the FTX collapse, with a mission to create a strong, liquidity-driven DeFi infrastructure. Key backers include OKX Ventures, Solana Ventures, and Alameda Research, showcasing solid institutional connections.
The launch of the MET governance token is expected to significantly impact Solana’s decentralized finance environment, particularly regarding associated liquidity flows. Institutions backing the project reflect a broader trend of enhanced market confidence in liquidity protocols.
Financial shifts include a significant Total Value Locked (TVL) of over $889 million, largely within DLMM pools. The project’s January trading volume surpassed $39.9 billion, indicating strong activity leading up to the token event.
Besides immediate economic impacts, developers anticipate a surge in TVL in meteora pools following the token event. Solana native projects like Jupiter and Raydium might experience positive TVL and trading volume changes.
Market experts compare Meteora’s strategy to previous major Solana launches, predicting potential price increases for related assets. Historical analysis suggests such token initiatives typically catalyze trading activity and governance involvement in the wider ecosystem.
“Meteora, Solana’s liquidity protocol, will launch the MET token distribution query tool at 8:00 PM Beijing Time today. Users may claim NFTs, view full token distribution breakdown, and browse TGE launch resources” – Meteora Official Account, Social Media Manager, Meteora
