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Biannce Drops Tags on ZEC & Others – Here’s Why

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ZEC, W, ENA, PYTH, and TAO Prices Jump After Binance Removes Tags
  • Crypto tokens listed on Binance with the monitoring tag typically exhibit higher volatility than other tokens.
  • Crypto tokens with seed tags on Binance represent new and innovative projects with higher volatility.
  • The tag removal will increase market confidence and trading activity of these tokens.

Binance Holdings Ltd., the largest cryptocurrency exchange in terms of globally registered users and daily average trading volume, has announced the removal of ‘monitoring tags’ and ‘seed tags’ on several of their listed crypto assets. 

The cryptocurrency exchange announced on Wednesday, July 9, 2025, that the monitoring tag for Zcash (ZEC) and seed tags for Wormhole (W), Ethena (ENA), Pyth Network (PYTH), and Bittensor (TAO) have been removed immediately.

The removal of monitoring tag and seed tags for the aforementioned crypto assets is an indication of a maturing market. Moreover, the trading activities for the impacted crypto assets will increase over time due to enhanced market confidence and exposure to more traders.

Major Reasons Why Binance Removed Tags on Several Crypto Assets Today

Binance conducts thorough project research to ensure inves…

The post Biannce Drops Tags on ZEC & Others – Here’s Why appeared first on Coin Edition.

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