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Binance-Backed DeFi Presale Mirrors BNB and SOL’s Early Success as Market Activity Surges

Binance-Backed DeFi Presale Mirrors BNB and SOL’s Early Success as Market Activity Surges

Published:
2025-08-04 08:11:26
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A groundbreaking DeFi presale has swiftly surpassed its softcap, drawing striking parallels to the early days of Binance Coin (BNB) and Solana (SOL) when their prices were below $10. This development comes amid a resurgence in crypto market activity, with Solana achieving record trading volumes and BNB reclaiming the $600 mark. The project has further captured investor interest through a $250,000 giveaway and plans to launch a mobile wallet in Q3. Additionally, BNB Chain's 'Greenfield' upgrade has contributed to a 35% surge in its value, signaling robust growth potential for this emerging DeFi contender.

Best Crypto Presale Surpasses Softcap as Early Buyers Compare Potential to BNB and SOL's Early Days

A promising DeFi presale has raced past its softcap, drawing comparisons to Binance Coin and Solana's sub-$10 eras. The project's momentum coincides with renewed activity across crypto markets—Solana notched record volumes while BNB reclaimed the $600 level. A $250,000 giveaway and planned Q3 mobile wallet launch further fuel interest.

BNB Chain's 'Greenfield' upgrade catalyzes its 35% upside potential, according to analysts tracking a critical resistance breakout. Solana continues outpacing peers with 26% monthly gains, now challenging ethereum in key metrics. Traders increasingly favor utility-driven projects over speculative plays as Bitcoin dominance fluctuates.

Binance Delists Popular Trading Pairs: What You Need to Know

Binance Margin will delist four trading pairs—DOGS/FDUSD, MOVE/FDUSD, MANTA/FDUSD, and PEOPLE/FDUSD—effective August 8, 2025. The MOVE impacts both cross and isolated margin trading. Isolated margin borrowing halts on August 5, with positions auto-liquidated three days later.

Transfers to isolated margin accounts are now restricted to manual adjustments matching open loans. Excess collateral transfers are blocked. The exchange warns users to close positions proactively, as no updates will be permitted during the delisting process. Binance's announcement omitted specific reasons for the decision.

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