---
š¢
On July 9, 2025, Binance, the worldās largest cryptocurrency exchange, announced significant changes to its token labeling system, affecting five prominent altcoins: Zcash (ZEC), Ethena (ENA), Pyth Network (PYTH), Bittensor (TAO), and Wormhole (W). These updates are part of Binanceās ongoing effort to provide a more transparent, secure, and informed trading environment for its users.
---
š§ Understanding Binanceās Labeling System
Binance uses a labeling framework to help investors better understand the status and risk level of listed projects. The two key designations include:
Monitoring Label: Assigned to tokens deemed high-risk or exhibiting significant volatility. Projects with this label are subject to close scrutiny and regular evaluations.
Seed Label: Applied to early-stage or emerging projects, often innovative but still developing. These tokens may present additional investment risk due to their immaturity.
---
ā Recent Changes: Labels Removed from Key Projects
š Zcash (ZEC): Removed from Monitoring Label
Zcash, a longstanding privacy-focused cryptocurrency, has been removed from the Monitoring Label, signaling improved stability and compliance with Binance's evaluation criteria. This suggests a reduced risk of delisting, making it a more secure option for long-term investors.
š± Ethena (ENA), Pyth Network (PYTH), Bittensor (TAO), and Wormhole (W): Removed from Seed Label
These four projects have demonstrated sufficient progress, adoption, and maturity to warrant the removal of the Seed Label. Binance now recognizes them as more established entities with reduced developmental risk. This transition reflects successful milestones and broader ecosystem integration.
---
š Binanceās Evaluation Criteria
Tokens listed on Binance undergo periodic reviews based on multiple factors, including:
Project team activity and transparency
Quality and consistency of technical development
Trading volume and liquidity metrics
Community engagement and adoption
Network security and resilience
Regulatory compliance and overall governance
These assessments help ensure that Binanceās marketplace remains safe, credible, and investor-friendly.
---
š Implications for Investors
The label changes indicate a positive shift in the risk profile of these tokens:
ZEC holders can trade with greater confidence due to reduced delisting concerns.
ENA, PYTH, TAO, and W are now considered more mature investments, reducing the perception of early-stage volatility.
Binance confirmed that these updates will not impact existing services related to these tokens, including trading, staking, Launchpool, or Launchpad participation.
---
š Final Take: Reinforcing Trust Through Transparency
This move underscores Binanceās ongoing commitment to investor protection and transparency. By continuously monitoring and classifying listed assets based on performance and risk, Binance empowers users to make more informed investment decisions.
With these label changes now in effect as of July 9, 2025, investors may find it timely to review their portfolios and adjust strategies in alignment with evolving project maturity and market conditions.
---