Binance, the world’s largest cryptocurrency exchange, has placed BakeryToken (BAKE), IDEX, and Self Chain (SLF) under its “observation tag” following its latest routine project review. This designation signals that the tokens may face delisting if they fail to meet ongoing listing criteria.
According to Binance, the observation tag is a risk indicator, alerting users that these tokens are under closer scrutiny due to concerns about development progress, transparency, or ecosystem health. While it doesn’t mean automatic delisting, it puts the projects on notice—and investors on edge.
“Projects under observation are subject to enhanced monitoring. Continued failure to meet our standards may result in delisting,” Binance stated in the official update.
The market response was swift and negative:
The announcement triggered surges in trading volume for all three tokens, pointing to panic selling and rapid portfolio adjustments by holders and traders.
While no specific timeline was provided for the final decision, Binance emphasized that it will evaluate each project’s:
Projects that demonstrate progress could see the tag removed in future updates. Those that don’t may be removed from the platform entirely.
This development is part of Binance’s broader risk management policy, which has become more aggressive as the platform faces increasing global regulatory pressure. Traders are advised to exercise caution and monitor Binance’s project assessment reports closely.
July 2025, Cryptoniteuae