Binance has announced the launch of a new project — the Newton Protocol (NEWT), which will be featured in its 24th HODLer Airdrop. Trading for the new tokens will start on June 24, 2025.
Launch of Newton Protocol
The Newton Protocol has been launched on the Binance platform without any listing fee. Trading for the NEWT token will commence on June 24, 2025, and users will be able to trade multiple pairs.
Benefits for BNB Holders
A total of 12.5 million NEWT tokens will be distributed through the airdrop, specifically targeting users holding BNB in Simple Earn or On-Chain products. This method encourages holders to maintain their assets during a predetermined snapshot period.
Expectations and Consequences
It is expected that the listing launch will lead to increased demand for BNB due to the airdrop eligibility criteria. Additionally, this could result in increased trading activity on the Binance platform with the new trading pairs. Historical experience shows that such listings often lead to spikes in trading volumes.
The launch of the Newton Protocol and the HODLer Airdrop for BNB holders is a strategic move by Binance that could enhance activity on the platform and stimulate interest in new tokens.
