Meteora's MET token jumps 18% amid rising user activity and bullish trading signals.

Meteora's native token, MET, surged 18% following reward campaigns that incentivized staking and liquidity provision. The protocol generated $20.3 million in fees over 30 days, with strong user engagement shown by a rise of over 40,000 active addresses and transactions increasing to 4.19 million. A moderately positive Funding Rate indicates bullish sentiment in the perpetual market, despite some profit-taking in spot trading. This momentum suggests potential further gains for MET in the near term.