MEDXT Surges 3.608% Amid Bitforex Delisting, Tech Advances

Generated by AI AgentCrypto Frenzy
Friday, Sep 12, 2025 8:13 pm ET1min read
SOL--
Aime RobotAime Summary

- MEDXT surged 3.608% to $0.002646 amid Bitforex's sudden delisting and trading suspension in late July 2025.

- The project clarified the delisting was Bitforex's unilateral decision, not linked to MEDXT's blockchain security or functionality.

- MEDXT completed a Solana migration in Q1 2025 to enhance scalability and is nearing launch of its decentralized medical data marketplace.

- The team faces an SEC lawsuit over regulatory classifications but continues development while preparing a new whitepaper detailing ecosystem updates.

MEDXT's latest price was $0.002646, up 3.608% in the last 24 hours. The MEDXT project has recently addressed a suspension incident on Bitforex exchange. In late July 2025, Bitforex unexpectedly halted trading and withdrawals for MEDXT, later announcing the token's delisting. The MEDXT team clarified that this was solely Bitforex's decision, unrelated to any compromise of the MEDXT token itself or its underlying blockchain technology. They assured holders that the MEDXT blockchain remained secure and fully functional throughout the event. The team actively assisted users in transferring their assets to alternative Solana-based platforms for continued trading and liquidity access following the delisting. This proactive response aimed to minimize disruption for the MEDXT community.

Significant progress has been made on MEDXT's technological infrastructure. The project completed a crucial migration of its blockchain platform to SolanaSOL--, finalized in the first quarter of 2025. This transition leverages Solana's high throughput and scalability to enhance the performance and capability of MEDXT's core systems. Development of the dedicated MEDXT Marketplace application is ongoing and nearing completion. This application is central to MEDXT's utility, designed to facilitate secure, decentralized transactions involving anonymized medical data sets, aligning with the project's mission to empower patient control over health data.

MEDXT continues to navigate the evolving regulatory landscape. The project acknowledges an ongoing lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against MEDXT Labs. This legal challenge, which the MEDXT team is contesting, centers on regulatory classifications within the digital asset space. Updates regarding the case's progress are anticipated within the year as court proceedings continue. Meanwhile, MEDXT Labs continues its operational development activities independent of the litigation. Preparations for the release of a comprehensive new whitepaper are underway. This document is expected to provide detailed technical and operational updates on the MEDXT ecosystem, including the finalized marketplace application and future development roadmap.

Daily hot coin scoop, fast and explosive!

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.