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A token called STONK surged 250% over the weekend, pushing its market cap to $140 million after its parent launchpad connected to new exchange infrastructure.
A launchpad, in crypto terms, is a platform that stages the debut of new tokens and routes their early trading toward specific exchanges.
StonkFun, a stock-paired launchpad built on Solana ($SOL), completed that integration on Saturday with Raydium's LaunchLab, channeling trading volume toward two exchanges: Raydium and Jupiter.
What else moved on Saturday RAY, the native token of the Raydium exchange, also gained more than 40% on Saturday. Exchange tokens typically reflect the activity flowing through their platform.
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