TL;DR
- Binance has launched the second phase of voting to list new tokens; users can select up to five projects until April 10.
- Virtuals Protocol (VIRTUAL), Story (IP), and Ondo Finance (ONDO) stand out among the competing cryptocurrencies due to their innovation and adoption.
- Binance will assess factors such as demand, volume, and compliance before deciding which tokens will be listed on its spot market.
Binance has initiated the second phase of its voting event to list new tokens on its platform. Users can participate by selecting up to five projects from the preselected cryptocurrencies. The voting will take place through Binance Square and will be available until April 10, 2025. To participate, users must have a verified account and hold at least 0.01 BNB in their main wallet.
The 3 Most Interesting Projects
The token list includes projects from various categories, such as artificial intelligence, decentralized infrastructure, decentralized finance, and real-world assets. Some of the most notable ones are Virtuals Protocol (VIRTUAL), Story (IP), and Ondo Finance (ONDO).
VIRTUAL develops a protocol for artificial intelligence gaming on Ethereum and Base, while IP operates as a Layer 1 blockchain designed to efficiently manage complex data. ONDO, on the other hand, offers investment banking solutions on Ethereum, focusing on the tokenization of real-world assets.
According to the latest data from CoinMarketCap, Virtual is priced at $0.594 per unit, registering a 1.4% decline in the last 24 hours. Meanwhile, IP is trading at $4.47 per token after losing 5.1% of its value today. On the other hand, ONDO performed positively, rising 2.2% and trading at $0.84 per token.
The voting process presents an opportunity for these projects, as inclusion on Binance can enhance their visibility and increase liquidity. However, the number of votes does not guarantee an automatic listing. Binance also evaluates market demand, trading volume, and adoption levels before making a decision. The platform has emphasized that projects not selected in this round may be considered in the future.
List of Tokens That Could Be Listed on Binance
Other tokens in the list include Big Time (BIGTIME), a multiplayer game on Ethereum; Morpho (MORPHO). A lending protocol on Ethereum and Base; and Zetachain (ZETA), a cross-chain smart contract platform. Also notable are Grass (GRASS), which allows users to share bandwidth on Solana in exchange for rewards, and Plume (PLUME), an ecosystem focused on real-world assets on Ethereum.
Binance will update the voting results in real time through Binance Square. The company has reiterated that the evaluation of each project will include technical and regulatory aspects. Once the voting process ends. The final review phase will begin before the selected tokens are potentially added to the spot market.
