Binance Will List ACX and ORCA With Seed Tag Applied

Key Points

• Binance announced the listing of Across Protocol (ACX) and Orca (ORCA) at 13:00 (UTC).
• Users can start depositing ACX and ORCA in preparation for trading.

Earlier, Binance announced the listing of Across Protocol (ACX) and Orca (ORCA) later today.

In the official notes, the crypto exchange revealed that trading for ACX/USDT and ORCA/USDT spot trading pairs will begin today at 13:00 (UTC).

Also, users can start depositing ACX and ORCA in preparation for trading. Withdrawals will open tomorrow, December 7, at 13:00 (UTC). The listing fee will reportedly be 0 BNB.

It’s important to highlight that the two digital assets will be listed with Seed Tag applied. Seed Tag is applied by Binance to newer projects that might exhibit higher volatility compared to other listed digital assets.

Binance recommends users to DYOR on such projects before deciding to invest.

Following Binance’s notes, the prices of the two digital assets spiked significantly.

ACX and ORCA Prices Surge

ACX price was trading around $0.6 levels ahead of Binance’s announcement, and the digital asset had a market cap of around $85.7 million.

Following the exchange’s listing notes, ACX price spiked to $1.4 and a market cap of $194.3 million, representing a sudden surge of 110%. This was a new ATH for ACX.

At the moment of writing this article, ACX is trading at $1.22, and the coin has a market cap of $168.6 million.

Across Protocol (ACX) is a solution in blockchain technology that focuses on bridging the gap between different blockchain networks. The protocol uses an innovative approach called “intents” that facilitates cross-chain operations. Another important feature is UMA’s optimistic oracle, which secures fast, secure cross-chain transfers.

ORCA‘s price also surged following Binance’s announcement, spiking from $4 and a market cap of almost $213 million to $6.7 and a current market cap of over $353 million.

The coin recorded a 78% price surge today.

Orca is one of the most user-friendly DEXes on Solana, according to the team behind the project.

It is one of the first general-purpose AMMs launched on Solana, allowing traders to swap assets, provide liquidity, and earn yield.