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Meteora to Launch Token Generation Event in October After Points Distribution

Meteora to Launch Token Generation Event in October After Points Distribution

Meteora announced its October Token Generation Event, following multi-season points distributions tracked by snapshots, with billions of points spread across hundreds of thousands of Solana wallets.

SOL

Fact Check
The statement is strongly supported by the evidence. Source 5, a recent news report, explicitly states, 'Meteora has announced that it will conduct its TGE in October'. This source also confirms that points have already been distributed. Multiple other sources (including 2, 8, and 10) corroborate the plan for a points distribution program to precede the Token Generation Event (TGE).
    Reference: 123
Summary

Meteora, a Solana-based liquidity protocol, officially announced it will hold its Token Generation Event (TGE) in October, issuing its token as MET. The project previously ran a points tracking program, with a snapshot taken on June 30. Distribution data shows 327.7 billion points across 328,976 wallets in 2024, 565.3 billion points across 287,687 wallets in 2025, and 307.7 billion points across 24,929 wallets in the launch pool. A second season of activities is currently ongoing.

Terms & Concepts
  • Token Generation Event (TGE): A launch event where a blockchain project issues and distributes its native tokens to users or investors.
  • Liquidity Protocol: A decentralized finance system that enables users to provide or access liquidity for trading and lending without intermediaries.
  • Snapshot: A record of blockchain wallet balances or activities taken at a specific time, often used to determine eligibility for rewards or distributions.