Binance announced It was on March 12 that its alpha platform implemented a new comprehensive token review framework aimed at removing tokens that do not meet certain quantity and skill criteria.
The volume of the metrics includes the stability of trading volume, liquidity depth, frequency of onchain transactions and distribution of tokenholders. Proper metrics include the project team credentials, compliance with regulation, community popularity and more.
Tokens that do not meet these standards will be removed from Binance Alpha, the announcement said.
https://www.youtube.com/watch?v=ndnryf5nlkw
Binance Alpha is a platform within the company’s purse service featuring new and early stages of crypto projects “may have the potential for growth,” According to In an article of Binance about the platform. The platform was launched in December 2024 with the aim of showing five tokens per day.
According to In coingecko, Binance Alpha Spotlight coins have a market capitalization of $ 6.4 billion, with a 24 -hour increase by 3.7% at the time of this writing and a trading volume of $ 1.4 billion.
Floods of new coins shaking the listing methods
Crypto exchanges, including Binance, have retired their listing process to account for increasing tokens, which has sprung up to more than 10 million over the past three years and continues to grow. On February 8, 2025, the total number of coins listed in CoinMarketCap was Close to 11 million marks. At the time of this writing, the number listed increased to 12.5 million.
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On March 9, Binance announced A new community vote mechanism To help determine what coins are listed in the exchange. Under new policies, users can vote on which tokens to list or dedist, although Binance still has the final approval of what is listed in the tokens.
Coinbase is Rethinking its token list methods as well. In a January 24 X post, the CEO of the exchange, Brian Armstrong, said, “We need to re -imagine our list of Coinbase listing, given ~ 1 million tokens a week created today, and growing up.”
Armstrong called for regulators to create a more pragmatic approach, adding that “it needs to move from a Allow list to a block list and use customer reviews and automatic onchain data automatically to help customers.
Many of the new tokens come from the memecoin craze, who saw a Sunny release Around 40,000 coins or more of Solana from November 2024 to February 2025. However, the Memecoin market was cooled lately, with new launching at Pump.fun down by 80% since its peak Like Feb. 27.
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