• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Binance Will Support ORN to LUMIA Swap and Rebranding

user avatar

by Giorgi Kostiuk

2 years ago

The cryptocurrency exchange Binance has announced its support for the Orion Protocol (ORN) mainnet swap and rebranding to Lumia (LUMIA).

Support for Swap and Rebranding

Binance will support the swap and rebranding process, including the dates and procedures. The official announcement states that on October 15th, Binance will delist all ORN trading pairs and pause deposits and withdrawals. Trading for the LUMIA/USDT pair will begin three days after the ORN delisting.

ORN Token Operations

Users can swap their ORN tokens to LUMIA on a 1:1 ratio. The total supply of Lumia will increase from 92.6 million to 238.9 million tokens. Binance will handle all technical changes in the token swap process, so customers do not need to take any action.

ORN Market Volatility

The rebranding announcement caused volatility in the ORN market. ORN’s price dropped sharply to $1.367 after rallying to $1.718 earlier.

Binance's announcement supporting the ORN to LUMIA swap and rebranding has triggered significant volatility in the cryptocurrency market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin Demand Contracts Amid Price Correction

chest

Recent analysis shows a contraction in Bitcoin demand, correlating with the recent price drop.

user avatarTenzin Dorje

Dogecoin Faces Critical Resistance Test

chest

Dogecoin has returned to a significant long-term resistance level, prompting concerns of a potential price rejection.

user avatarBayarjavkhlan Ganbaatar

Surge in Stablecoin Activity Highlights Solana's Role in Digital Finance

chest

The Solana network is gaining attention due to a significant increase in stablecoin activity, showcasing its role as a hub for on-chain liquidity and digital finance transactions.

user avatarMohamed Farouk

Joe Weisenthal Analyzes Crypto's Struggles Amid Market Boom

chest

Bloomberg's Joe Weisenthal analyzes the challenges facing the crypto market, arguing it is in the coldest crypto winter ever, while other sectors thrive.

user avatarElias Mukuru

Solana Experiences Unprecedented Eight Consecutive Red Monthly Candles

chest

Solana has printed eight consecutive red monthly candles, indicating a prolonged slump and a potential for a sharp rebound after the ninth red candle.

user avatarDiego Alvarez

Ethereum Breaks Above Key Moving Averages, Signaling Potential Shift in Momentum

chest

Ethereum has broken above its 4-hour 200 MA and 200 EMA for the first time since April, indicating a possible shift back to bullish momentum.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.