Binance News: MKR Price Surge Potential and Binance P2P Cash Zone Shutdown

MKR Price Poised For $1,630 as Whales Accumulating Maker Tokens

Amid signs of recovery in the broader crypto market, Maker (MKR) seems to be drawing interest from investors following its ongoing correction. A whale “0xB4eA” purchased 3,334 MKR tokens worth $4.89 million from DEX and Binance in the past two days. Also, a newly created wallet “0x1d1d” withdrew 900 MKR tokens valued at $1.33 million from Binance.

Binance P2P Cash Zone to Shut Down – What It Means for Users

Binance has announced the removal of its P2P Cash Zone starting March 31, 2025. Users will no longer be able to buy or sell crypto using cash payments. Key deadlines include the last day to place orders on March 25, 2025, at 23:59 UTC+0, with existing orders processed as usual until the full shutdown on March 31, 2025, at 23:59 UTC+0. Traders are seeking alternatives and assessing the impact of this change.

Binance Announces GoPlus Security (GPS) HODLer Airdrop

Binance, the world’s leading cryptocurrency exchange, has announced its 11th HODLer airdrop project. This project initiates GoPlus Security ($GPS) coin under its HODLer Airdrop initiative. The purpose of this airdrop is to reward Simple Earn and On-Chain Yields products’ subscribers ($BNB holders). The airdrop page will be activated on the Airdrop Portal of Binance for users who participated between February 19, 2025, and February 24, 2025.