Some of the cryptocurrencies involved have dropped more than 80% since their disclosure.
The largest cryptocurrency exchange in the world has announced a serious listing, after which most of the affected cryptocurrencies fell by double digits.
Before that, the company temporarily suspended some withdrawals and deposits and made additional adjustments to its platform.
The Binance Effect
Binance Alpha (a special platform within the exchange’s ecosystem that showcases early-stage crypto projects) has released 21 altcoins, including WorldShards (SHARD), FreeStyle Classic (FST), Alliance Games (COA), Card BNB (BNB Card), MilkyWay (MILK), Hyperbot (BOT) and many others.
The company explained that the sale of the affected tokens will be allowed after the deletion. At the same time, it warned users to do proper research before trading the aforementioned coins to avoid any scams and protect their funds.
As is often the case, many of the delisted digital assets went south shortly after the disclosure. After all, Binance is the largest crypto exchange, and withdrawing support usually results in reduced liquidity, reduced availability, and a damaged reputation. MILK and SHARD fell 6-7% daily, while FST and BNB Card fell 70-80%.
A similar reaction was seen at the end of 2025 when Binance banned all services with Kadena (KDA), Flamingo (FLM) and Perpetual Protocol (PERP). Like FST and BNB Card, the altcoins involved crashed with double interest immediately after the news broke.
Other recent efforts
Earlier this week, the exchange supported the upgrade and temporarily suspended withdrawals and deposits on the Ethereum network. The process was expected to take about an hour, after which operations should resume smoothly.
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This is a standard procedure that Binance has performed flawlessly many times before. Over the years, it has taken similar steps to support improvements in various ecosystems, including Cardano, BNB Smart Chain, and more.
Prior to that, Binance published multiple listing announcements targeting U (United Stables) – a stablecoin launched last year and pegged to the US dollar. In January, it expanded the list of trading options offered in its Spot section BNB/U, ETH/U, KGST/U and SOL/U pairs.
In February, it added XRP/U, SUI/U, ASTER/U and PAXG/U, while earlier this month it opened trading for AVAX/U, LINK/U, LTC/U, PAXG/U and ZEC/U.
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