Ah, the Bio Protocol! A name that rolls off the tongue like a fine wine, or perhaps a cheap vodka. In the past 24 hours, its native token has soared by a staggering 70%, as if it were a bird suddenly discovering its wings, all thanks to the v2 upgrade and the launch of staking rewards. Who knew science could be so profitable? ๐ท
- In a miraculous twist of fate, the Bio Protocol tokenโs price has rocketed to $0.098, leaving many to wonder if they should have invested in crypto instead of that new coffee machine.
- As altcoins danced in a joyous bounce, Bio Protocol joined the party, riding the wave of network activity and the much-anticipated rewards launch. ๐
Once languishing at a humble $0.059 on August 7, the BIO token has now ascended to dizzying heights, coinciding with Bitcoinโs flirtation with $116k and Ethereumโs triumphant breach of the $3,800 mark. In the grand race of DeSci tokens, Bio Protocol has outpaced its competitors like a tortoise with a jetpack, leaving OriginTrail, AlchemistAI, and ResearchCoin in its dust. ๐ข๐จ
Now trading at its highest level since May 2025, BIO has become the belle of the ball, with daily trading volume skyrocketing by 1,400% to over $288 million. Remember when it reached an all-time high of $0.92 back in January 2025? Ah, the good old days! ๐
Bio Protocol Gains Amid V2 and Exchange Listing Momentum
With Coinbase announcing its support for listing in late July, the excitement around Bio Protocol has reached a fever pitch. The unveiling of the v2 launch has made BIO hotter than a summer day in Moscow, especially with the introduction of BioXP points and rewards. Who doesnโt love a little incentive to back scientific innovation? ๐งช
While the first version of Bio Protocol allowed for one-time, large fundraising events for BioDAOs, v2 is like a generous uncle, supporting smaller, experimental launches. It also brings staking incentives to the table, allowing users to earn rewards while they cheer on scientific progress from the sidelines. ๐ฅณ
On August 7, Bio Protocol announced that staking for its BIO and BioDAO tokens was now live on the Ethereum mainnet. This follows a notable 25 million BIO staked on Base within mere days of its launch. Talk about a quick turnaround! โณ
Institutional Interest
But wait, thereโs more! The interest in the rewards program is merely the tip of the iceberg. Bio Protocol is catching the eye of institutional investors, as the decentralized science sector gains momentum faster than a cat chasing a laser pointer. ๐ฑ๐จ
In November 2024, the project attracted investment from Binance Labs and raised over $64.4 million through a public sale in January 2025, boasting a fully diluted valuation of $219.12 million. Not too shabby for a project that started with a dream and a white paper! ๐
Bio Protocolโs token made its debut on the BNB Chain and Ethereum on January 3, before expanding to Solana via the Wormhole cross-chain bridge. Itโs like a crypto road trip, but with fewer snacks and more liquidity protocols. ๐๐จ
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2025-08-07 20:00