Binance Announces Delisting of Three Tokens and Temporary Network Suspensions
Binance, the leading global cryptocurrency exchange, has revealed plans to delist three underperforming trading pairs on May 9, 2025, due to insufficient liquidity and weak market activity. While the specific tokens remain undisclosed, this move highlights the exchange’s commitment to maintaining a robust trading environment. Additionally, Binance will temporarily suspend deposits and withdrawals across 14 blockchain networks, including Ethereum, as part of scheduled infrastructure maintenance. These developments underscore the dynamic nature of the crypto market and the importance of adaptability for exchanges and investors alike.
Binance to Delist Three Tokens and Suspend Transactions on Multiple Networks
Binance, the world’s largest cryptocurrency exchange by trading volume, will delist three underperforming trading pairs on May 9, 2025, citing insufficient liquidity and weak market activity. The platform did not disclose which specific assets will be removed.
In a separate infrastructure maintenance move, Binance will temporarily halt deposits and withdrawals across 14 blockchain networks including Ethereum and Polygon. This suspension supports Ethereum’s upcoming network upgrade, part of the chain’s ongoing transition to a more scalable proof-of-stake consensus mechanism.
The delisting decision reflects Binance’s continued efforts to streamline its offerings and maintain compliance standards. market participants should monitor official communications for affected trading pairs and network reactivation timelines.
VNBTC Cloud Mining Gains Traction as Crypto Market Faces Uncertainty
Millions are flocking to VNBTC cloud mining as a hedge against market volatility, seeking stable passive income amid shifting regulatory landscapes. Florida’s withdrawal of two Bitcoin reserve bills and VanEck’s filing for the first US BNB ETF underscore the sector’s dichotomous momentum.
Binance founder Changpeng "CZ" Zhao projects Bitcoin could reach $500,000-$1 million this cycle, citing institutional adoption, government accumulation, and favorable US policy. His May 5 Rug Radio interview emphasized Bitcoin ETFs’ catalytic role in price appreciation, though Federal Reserve policy decisions loom large.
The market’s current turbulence reflects structural tensions between growing institutional participation and regulatory uncertainty. Powell’s upcoming FOMC meeting may provide directional clarity for digital asset valuations.