SLF Token Surges 19.59% Amid Binance Observation Tag and $79M Trading Volume Spike

SLFUSDT experienced a significant 19.59% price increase over the last 24 hours on Binance, rising from 0.0684 to 0.0818 USDT, with trading volume surging to over $79 million. The recent price volatility and increased trading activity are primarily attributed to Binance placing an observation tag on SLF, signaling heightened scrutiny and potential delisting, which has triggered both investor concern and speculative trading. Additional exchange actions, such as Bitget’s earlier delisting of SLFUSDT futures and MEXC’s leverage adjustments, have contributed to market uncertainty and volatility. Despite the recent rebound, SLFUSDT remains down over 90% year-on-year, and its market capitalization is approximately $13.69 million, ranking it #1430 on CoinGecko.