News

Binance Concludes Second Round of Community Voting: ONDO, BIGTIME, and VIRTUAL Selected for Listing

Pushing further toward community involvement and decentralized decision-making, Binance has carried out the second round of its community token listing vote.

The exchange (also known as a platform) announced the final distribution of votes, which determined what projects would earn a spot on said platform. Users across the globe participated in the voting process, which not only reflects an interest in certain emerging tokens but also signals Binance’s commitment to transparency and user empowerment in the digital assets space.

Voting took place from April 10, 2025, 04:00 UTC, to April 16, 2025, 23:59 UTC. However, Binance had already disclosed early results showing which tokens had earned spots in its new listing. The advance disclosure revealed that the tokens winning those spots were Ondo, Big Time, and Virtuals Protocol. These tokens will be made available for trading in what Cryptocurrency Exchange Binance terms the “Seed” stage of trading at 10:00 GMT+8 April 11, 2025.

According to a detail given at that same point, three more tokens won spots as “consolation prizes”: Orbital Command, Giga Land, and Sci-Fi Network.

The Seed tag typically goes on brand-new projects and is used to denote and identify tokens that are truly in an early phase of development. The Seed tag helps users spot tokens that are newly emerging (and, thus, might be more volatile or risky) but might also experience growth that could be described as seismic. The Seed tag’s bestowal makes it evident that Binance sees opportunity with these tokens but also sees that these opportunities come with risk.

Community Preferences Shift as UXLINK, ATH, and BIGTIME Dominate the Poll

The interesting breakdown of the final vote reveals a great deal about what both the UXLINK 26.3% 1. vote was all about and what our community preferences are as far as investors’ sentiment in the current market climate. 2. ATH 17.1% 3. Big Time 15.2% 4. (Not a bad showing for Big Time, considering it didn’t make it to the top of the list.) 5. UXLINK led the overall voting with a commanding 26.3% share, 6. Big Time was selected for listing, which suggests that there was a fair amount of community support for the choice, despite our not placing it at the top.

Ondo, which managed to get just 2.8% of the total vote, and Virtuals Protocol, which obtained 2.7%, were also chosen for listing. This raised some skepticism but is not without precedent. Binance has, in the past, made the choice to list tokens that might not win a popularity contest but have impressive development work going on and have formed notable partnerships, or at the very least, have some credible potential written all over them to be part of a promising ecosystem.

Additional undertakings that attracted significant segments of the ballot but failed to make the ultimate list include IP (11.5%), Plume (9.5%), SAFE (6.9%), and GRASS (3.2%). WAL (1.7%), ZETA (1.6%), and MORPHO (1.6%) appear to be the last projects standing in what might be considered a low tier of vote recipients in this exercise.

This mixed outcome underscores that community input plays a critical role in determining which projects are listed by Binance. What is much less clear is whether these projects are actually supported by the kind of technical due diligence that serious investors would expect. Equally opaque is the market viability of the projects that do make it onto the exchange.

Delisting Vote Underway: Major Tokens Face Potential Removal

Alongside the vote for listing, Binance started the second batch of its ‘Vote to Delist’ process, which got underway on April 10, 2025. Concurrent with this move, the voting period for this initiative will come to a close on April 16, 2025, at 23:59 UTC.

This round encompasses a considerable number of tokens that might be excised from the platform, among them some high-profile and once-very-prominent names like ZEC, JASMY, FTT, STPT, ARK, ARDR, and PERP. Others said to be yanked into the cutting room for a potential trim include MBL, GPS, MKN, WING, LTO, FLM, BSW, ALPACA, VOXEL, and PDA.

The vote to delist reflects Binance’s continuing work to keep its listings list of illiquid, inactive, or undesirable projects. The lowest vote-getters in community engagement are likely to have their trading pairs removed from the platform before long.

A Balancing Act of Growth and Accountability

With the crypto market growing up, Binance’s twofold strategy—letting users have a say in new listings while keeping a close watch on underperforming assets—marks a significant evolution in the platform’s governance. Community involvement is an essential ingredient in decentralization, and user participation carries that principle forward whether under the governance token model or in its absence. Users get a taste of Bakkt. Disclosure: Bakkt is an investor in CoinDesk.

The next listings of ONDO, BIGTIME, and VIRTUAL showcase the growing and diversifying crypto ecosystem. At the same time, our ongoing delisting vote reminds users that with opportunity comes responsibility and that the market is always changing.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

Prev Next
No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *