Ardor (ARDR) Surges 157% Amid Binance Delisting Vote
1min read Ardor (ARDR) experienced a significant price surge, gaining over 150% in the past week. This dramatic increase came after Binance included ardr in its second "Vote to Delist" batch, a mechanism introduced to gauge community sentiment on underperforming assets with low volumes and faded liquidity. The voting process was set to conclude on April 16, 2025.
Initially, the announcement caused ARDR's price to drop to a low of $0.06055. However, the altcoin swiftly recovered, reaching a high of $0.1555, marking an approximately 157% surge. Despite the negative sentiments typically associated with delisting developments, ARDR's price defied expectations and continued to rise. This uptrend was maintained throughout the voting process, with ARDR hovering at $0.1440 following a nearly 140% uptick on its daily chart.
The "Vote to Delist" program was launched by Binance early in 2025 to clean its trading platform by removing inactive and low-utility tokens. However, users have the opportunity to voice their opinions on which projects should remain listed. In the latest voting round, ARDR stood out as traders displayed speculative interest in the altcoin following the news, leading to a significant increase in its price.
Ardor is a multi-chain blockchain that allows enterprises to build their child chains without compromising security or decentralization. Although the project has struggled to gain mainstream attention since its 2018 launch, its technology has likely evolved over the years. The delisting vote may have reminded crypto traders and investors about ARDR's potential, contributing to the altcoin's massive supply and low market capitalization, which made it a lucrative token for speculative pump—a usual trend in the cryptocurrency sector.
The dramatic surge in ARDR's price amidst Binance's delisting narrative highlights the unpredictability of cryptocurrencies. What could have triggered worries materialized into a substantial trigger for price surges fueled by speculation, irony, and nostalgia. However, ARDR's current structure demands caution as volatility remains high. Delisting risks persist if the voting outcome does not favor Ardor, and significant declines often follow staggering price jumps in crypto. ARDR bulls could lose steam after the massive pump, triggering retracements before a decisive trajectory. The prevailing broad market conditions may also influence Ardor's performance in the upcoming sessions, as digital assets display bearishness with Bitcoin failing to close above $85K.
