Cryptocurrency exchange Binance has announced that it will remove the 'Monitoring Tag' and 'Seed Tag' for certain tokens starting July 9, 2025, based on the latest assessments of the tokens.
Removed Monitoring Tags
The monitoring tag will be removed for the token Zcash (ZEC). Binance notes that tokens carrying a 'Watch Tag' generally carry higher volatility and risk than other crypto assets.
Removed Seed Tags
Seed Tags will be removed for the following tokens: * Ethena (ENA) * Pyth Network (PYTH) * Bittensor (TAO) * Wormhole (W)
These changes are linked to an improved risk profile of these projects.
Token Evaluation Criteria
Binance regularly reviews its labeling decisions based on the following criteria: * Commitment of the project team * Level and quality of development activities * Trading volume and liquidity * Network security and resilience to attacks * Public communication, community engagement and transparency * Responses to regular due diligence requests * Findings of unethical or fraudulent activities * New regulatory requirements * Sudden increases in token supply or tokenomics changes * Significant changes in project ownership or core team * Community reactions
The removal of tags indicates that the projects in question have better aligned with Binance’s listing criteria and their risk profile has decreased, allowing investors to make clearer evaluations.
