Binance Backs STPT Rebrand to AWE Network with Hassle-Free Transition
Binance has announced its support for the rebranding of Standard Tokenization Protocol (STPT) to AWE Network (AWE), ensuring a seamless transition for traders. The exchange will delist STPT trading pairs on May 19, 2025, and automatically convert holdings to AWE at a 1:1 ratio, with new trading pairs launching shortly after.
Binance Supports STPT Rebrand to AWE Network with Seamless Trading Transition
Binance has endorsed the rebranding of Standard Tokenization Protocol (STPT) to AWE Network (AWE), marking a strategic shift for the altcoin. The exchange will delist STPT trading pairs on May 19, 2025, at 06:00 TSI, automatically converting holdings to AWE at a 1:1 ratio.
New AWE/USDT and AWE/BTC pairs will launch on May 21, with Binance guaranteeing zero manual intervention required for users. The move reflects the platform’s commitment to streamlining asset transitions while maintaining market liquidity.
Movement Labs Rebrands as Move Industries Amid Leadership Changes
Movement Labs has undergone a significant transformation, rebranding as Move Industries following the departure of co-founder Rushi Manche. Two early employees have assumed leadership roles, signaling a strategic pivot for the project.
Binance’s delay of the next HODLer airdrop round for MOVE holders coincides with these organizational changes. The developments mark a critical juncture for the project’s trajectory and community relations.
Simon’s Cat (CAT) Meme Coin Shows Bullish Potential with Binance Endorsement
Simon’s Cat, the Binance-backed meme coin with full IP rights to the popular animated series, currently trades at $0.00000590. Market sentiment remains overwhelmingly bullish at 90%, fueled by its recognition as a winner of Binance’s Meme Coin Hero program.
Price projections suggest a potential surge to $0.00001315 by 2025, with long-term forecasts reaching $0.00009988 by 2030 if adoption accelerates. The coin’s legitimacy as an officially licensed meme asset distinguishes it from typical speculative tokens in the space.
As meme coins continue capturing retail interest, Simon’s Cat benefits from both brand recognition and exchange support—a rare combination that could drive sustained momentum. The project demonstrates how established intellectual property can intersect with cryptocurrency trends to create viable digital assets.
Changpeng Zhao May Slash BNB Chain Gas Fees by 10x; Rivals Solana, Ethereum At Risk?
Binance founder Changpeng Zhao’s proposal to reduce BNB Chain gas fees by up to tenfold threatens to disrupt the Layer-1 competitive landscape. The move directly targets Ethereum’s high transaction costs and Solana’s low-fee advantage, potentially reshaping DeFi dynamics.
BNB Chain already processes billions of daily transactions. A significant fee reduction could accelerate its adoption, posing a serious challenge to Ethereum’s market dominance and Solana’s growth trajectory in decentralized finance.
The crypto industry has long grappled with excessive gas fees, particularly on Ethereum where average costs remain near $0.42 per transaction. While Solana gained market share through minimal fees and rapid processing, Binance’s latest maneuver could redefine the value proposition for blockchain developers and users alike.
Standard Chartered Predicts BNB Could Reach $2,800 by 2028
Standard Chartered Bank has made a bold prediction for Binance Coin (BNB), forecasting a potential surge to $2,800 by 2028. The coin, currently trading at $604.8, would need to achieve a nearly fivefold increase to meet this target.
The bank’s analysis hinges on a stable correlation pattern observed between BNB and Bitcoin since May 2021. While such projections often face skepticism in crypto markets, the institutional backing lends credence to the possibility of significant upside for the exchange-linked token.
Binance’s Changpeng Zhao Seeks Trump Pardon Amid Crypto Regulatory Shift
Binance founder Changpeng Zhao (CZ) has formally requested a U.S. presidential pardon from Donald Trump, marking a strategic bid to rehabilitate his reputation following a 2024 conviction for anti-money laundering violations. The move coincides with a pro-business regulatory pivot under the Trump administration, potentially clearing a path for Zhao’s return to the cryptocurrency industry.
Zhao’s four-month prison sentence and Binance’s $4.3 billion penalty stemmed from systemic AML failures, which allowed illicit transactions on the platform. His pardon appeal signals ambitions to reclaim influence in a sector where regulatory winds are shifting. The outcome could set a precedent for how legal accountability intersects with crypto’s disruptive ethos.
