According to the announcement from Binance, the platform will remove the Monitoring Tag and Seed Tag for certain tokens on 2025-07-09. The tokens affected by the removal of the Monitoring Tag include Zcash (ZEC). Meanwhile, the tokens to be removed from the Seed Tag list are Ethena (ENA), Pyth Network (PYTH), Bittensor (TAO), and Wormhole (W). Tokens with the Monitoring Tag are characterized by higher volatility and risks compared to other listed tokens, and they undergo regular reviews to ensure compliance with Binance's listing criteria. These tokens are at risk of being delisted if they fail to meet the necessary standards.
Conversely, tokens with the Seed Tag represent new and innovative projects that may also exhibit higher volatility and risks. Binance conducts periodic reviews of these projects to determine whether the Monitoring Tag and Seed Tag should be applied or removed based on the latest findings. The criteria considered during these reviews include the commitment of the team to the project, the level and quality of development activity, trading volume and liquidity, network stability and safety from attacks, public communication, community engagement, transparency, responsiveness to due diligence requests, evidence of unethical or fraudulent conduct, new regulatory requirements, material changes in token supply or tokenomics, and the impact of changes to the project's ownership structure or core team members. Community sentiments are also taken into account. It is important to note that other services related to these tokens will remain unaffected by the tag updates. The Monitoring Tags and Seed Tags for the mentioned tokens will be updated shortly after this announcement is published.