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Binance Adds Five Tokens to VIP Loan, Market Reaction Mixed

30.04.2025 20:00 1 min. read Alexander Stefanov
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Binance Adds Five Tokens to VIP Loan, Market Reaction Mixed

Binance has rolled out new borrowing options for a fresh batch of altcoins, introducing Hyperlane, SIGN, Initia, KERNEL, and WalletConnect to its VIP Loan platform.

While the move was positioned as a step toward boosting token utility and exposure, market reactions didn’t follow a clear path—only one asset out of the five managed to rally as the rest slipped into the red.

The announcement, made public on April 30, briefly stirred speculation around potential price jumps and improved liquidity. However, those expectations didn’t quite align with real-time trading data.

SIGN was the outlier, posting an impressive 50% surge over the week, though it couldn’t avoid a steep 18% dip during the day. KERNEL fell 5% within hours and showed a broader weekly slide of 10%.

Hyperlane didn’t fare much better, dropping by 3% on the day and 27% across seven days. WalletConnect and INIT also followed the downward trend, with only minor fluctuations to cushion the decline.

Despite Binance’s continued expansion of asset offerings, this latest batch has revealed a clear disconnect between availability and performance—at least in the short term. Still, with the broader crypto market leaning bullish, investors may yet find renewed interest in these tokens as liquidity builds and sentiment evolves.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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