Binance Removes Risk Tags From Zcash, Ethena, Pyth Network, Bittensor, Wormhole

Binance, a prominent cryptocurrency exchange, has announced that it will remove the "Monitoring Tag" and "Seed Tag" from several tokens starting from July 9, 2025. This decision comes after a thorough evaluation of the tokens' performance and their alignment with Binance's listing criteria. The tokens affected by this change include Zcash (ZEC), which will have its "Monitoring Tag" removed, and Ethena (ENA), Pyth Network (PYTH), Bittensor (TAO), and Wormhole (W), which will have their "Seed Tag" removed.

Tokens with a "Monitoring Tag" are generally considered to have higher volatility and risk compared to other crypto assets. These tokens are subject to regular reviews and may be at risk of being delisted from the platform. The "Seed Tag," on the other hand, identifies new and innovative projects, but these projects may also present high risk and volatility. The removal of these labels indicates that the projects in question have better aligned with Binance’s listing criteria, and their risk profiles have decreased. This update allows investors to make clearer evaluations of these tokens, as the warning labels will no longer be present.

Binance regularly reviews its labeling decisions based on several criteria, including the commitment of the project team, the level and quality of development activities, network security and resilience to attacks, public communication, community engagement and transparency, responses to regular due diligence requests, findings of unethical or fraudulent activities, new regulatory requirements, sudden increases in token supply or tokenomics changes, significant changes in project ownership or core team, and community reactions. This move by Binance reflects the exchange's commitment to maintaining a high standard of security and transparency for its users. By removing the warning labels from these tokens, Binance is signaling that these projects have demonstrated a higher level of stability and reliability, making them more attractive to investors. This decision is likely to have a positive impact on the market sentiment surrounding these tokens, as investors may view the removal of the labels as a vote of confidence from one of the industry's leading exchanges.