Meteora (MET) is the native token of the Meteora protocol on Solana, powering dynamic liquidity market-making, governance, and incentive mechanisms in the Solana DeFi ecosystem.
The token currently trades around ~$0.24–$0.26 USD, significantly below earlier highs (~$0.90), reflecting profit-taking and market pressure after its 2025 launch.
Recent momentum has been mixed: MET saw some weekly gains but also short-term bearish trends with price below key moving averages.
Market cap sits in the hundreds of millions, modest liquidity and sentiment impacted by airdrop distribution concerns and buyback sustainability questions.
Traders watching key support levels and broader Solana DeFi activity for potential catalysts to stabilize or reverse trend.
METUSDT
Perp
0.245
-1.84%