The post Here’s why StakeStone price exploded 136% to new ATH appeared on BitcoinEthereumNews.com.

StakeStone price jumped from $0.11 to above $0.26, going vertical amid a spike in daily volume. The sharp gain follows a whale accumulating over 25.5 million STO tokens. STO price could see a steep pullback amid profit-taking deals. StakeStone (STO) price exploded during early trading on April 1, pumping more than 130% to hit a new all‑time high. The vertical action, which occurred amid a broader consolidation across the crypto market, saw STO’s intraday trading activity surge. The token is in price discovery, but can the lofty levels hold? Why StakeStone jumped 136% today STO token posted a sharp intraday surge on Wednesday, significantly outperforming the broader altcoin market. While most cryptocurrencies traded near key support levels, STO jumped from around $0.11 to a new all-time high above $0.26. The move marked a gain of roughly 136% and made it the top performer among the 500 largest cryptocurrencies by market capitalisation. The rally appears to have been driven by a large transaction linked to a newly created wallet. Data from Lookonchain shows the wallet withdrew more than 25.5 million STO tokens, valued at over $4.85 million, from Binance. The holdings represent approximately 11.32% of StakeStone’s circulating supply, suggesting concentrated accumulation that may have contributed to the sharp price movement. The price of $STO surged from $0.11 to $0.26 today, a 136% increase. A newly created wallet(0x5e2E) withdrew 25.5M $STO($4.85M) from #Binance in the past 20 hours, 11.32% of the circulating supply.https://t.co/UhTfZhT8CS pic.twitter.com/GAI5Y2L8LE — Lookonchain (@lookonchain) April 1, 2026   The transfer acted as an immediate and powerful demand shock, with the size of the order absorbing available sell liquidity near the market price. It forced quotes higher as market makers and sellers adjusted to the sudden imbalance between bids and offers. With limited resting supply at higher levels, the price moved…

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Filed under: News - @ April 1, 2026 10:28 am