This morning (9/7), the largest cryptocurrency exchange in the world, Binance, announced the removal of the Seed Tag and Monitoring Tag for the following coins effective from 9/7/2025. The specific list includes:
Token removed from Monitoring Tag: Zcash ($ZEC )
Token removed from Seed Tag: Ethena ($ENA ), Pyth Network ($PYTH ), Bittensor (TAO) and Wormhole (W)
The removal of Seed and Monitoring tags was announced by Binance after a detailed and thorough evaluation process. It should be noted that the Monitoring Tag is typically applied to coins with significantly higher volatility and risk compared to other listed tokens, even having the risk of being delisted from Binance. Meanwhile, the Seed Tag represents new, innovative projects but also carries a different level of volatility and risk.
Binance will conduct periodic evaluations of projects and decide whether to add or remove Seed and Monitoring tags based on criteria such as the commitment of the development team to the project, the quality of development activity, trading volume and liquidity, network stability and safety, etc. Recently, Binance has also added some new criteria such as unreasonable growth in token supply or tokenomics, and the impact of changes in the ownership structure of the project team