This announcement highlights Binance's strategic push into the Web3 security space with the listing of GoPlus Security (GPS). The HODLer Airdrop rewarded BNB stakers, helping to boost community engagement. The 7.61% price surge and $259M market cap indicate strong market interest in GPS, likely fueled by its real-time blockchain risk detection capabilities.
Binance’s move follows GPS's earlier listings on KuCoin and CoinW, where it gained traction with a 10,000 USDT bounty program. The launch of GPSUSDT perpetual contracts on February 18 signals growing demand for advanced trading options.
Overall, Binance’s backing of GPS underscores the increasing importance of on-chain security in the Web3 ecosystem. This listing could drive further adoption of decentralized security solutions.