Binance, the largest cryptocurrency exchange globally, has revealed it will be removing 11 spot trading pairs from its platform on December 27, 2024.
This decision is part of its ongoing evaluation process, which aims to ensure the platform remains efficient and responsive to market shifts. The delisting of these pairs is driven by factors like low liquidity and trading volume.
The affected pairs include ACE/BTC, ACM/TRY, BOME/BTC, DYM/BTC, MTL/TRY, PIXEL/BNB, PIXEL/FDUSD, QKC/BTC, RAD/BTC, REZ/FDUSD, and TUSD/TRY. However, users will still be able to trade the underlying tokens through other active pairs on Binance.
The projects behind the delisted pairs span a range of sectors in the blockchain space. Fusionist (ACE), for example, is a blockchain-based AAA game that incorporates advanced rendering technologies. AC Milan Fan Token (ACM) connects football fans with their team in unique ways, while Book of Meme (BOME) offers a meme token on Solana.
Other projects such as dYmension (DYM), a settlement layer in the Cosmos network, and Metal (MTL), a platform that rewards users for crypto-fiat conversions, have also been impacted. Additionally, QuarkChain (QKC), Radworks (RAD), Renzo (REZ), and TrueUSD (TUSD) – a stablecoin pegged to the U.S. dollar – are among the delisted pairs.
These adjustments reflect Binance’s commitment to maintaining a high-quality, user-friendly trading environment. By removing pairs that no longer meet its standards, the exchange aims to keep its platform competitive, ensuring it remains aligned with the evolving needs of its global user base.
XRP has come under intensified selling pressure, sliding nearly 10% over the past week and signaling deeper concerns among derivatives traders.
Coinbase is gearing up to broaden its futures trading capabilities, introducing round-the-clock contracts for Solana (SOL), XRP, and Cardano (ADA) starting June 13.
Investor sentiment around the potential approval of a spot Solana ETF has surged in recent weeks, with new data suggesting growing confidence that 2025 could be the year the green light finally comes.
The U.S. Securities and Exchange Commission has made it clear it will no longer involve itself in regulating memecoins—tokens often driven by internet culture, hype, and political branding.