Meteora is set to make waves in the decentralized finance (DeFi) space with its upcoming Token Generation Event (TGE) on the Solana network, slated for October 23, 2025. This highly anticipated event will mark the launch of the MET token, which is projected to reach a premarket valuation close to $1 billion. The source notes that this launch could significantly impact the DeFi landscape.
TGE Event Overview
The TGE is expected to be one of the largest DeFi events of the year, with significant implications for the Solana ecosystem. As 43% of the MET supply will be unlocked during this event, market analysts predict potential price volatility for the new token. This launch follows Meteora's rebranding from Mercurial Finance, signaling a new chapter for the project.
Meteora's Mission and Future Prospects
Meteora's mission is to enhance capital efficiency and solidify its position in the DeFi landscape by leveraging innovative financial technologies. The team is optimistic that the MET token will attract substantial interest from investors and users alike. This will further drive the growth of the Solana network.
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