Binance Removes Seed Tag from Meme Coins and Ether.fi

In a significant move within the cryptocurrency market, Binance has announced the removal of its Seed Tag designation from several tokens, including the popular meme coins Pepe (PEPE), Pudgy Penguins (PENGU), Bonk (BONK), as well as ether.fi (ETHFI) and EigenLayer (EIGEN). This decision, made public on July 21, 2025, marks a pivotal moment for these projects, signaling a perceived increase in their maturity and stability.

The Seed Tag, an in-house risk label used by Binance, is typically applied to newly listed tokens or projects that are considered more volatile and speculative than established assets. Its presence serves as a caution to traders, indicating that these assets carry higher market risks and price volatility. To trade these tagged assets, users are required to complete educational quizzes, ensuring they understand the nature of their investments.

Criteria for Seed Tag Removal

Binance’s decision to remove the Seed Tag from these tokens was not made lightly. The exchange conducted a thorough review, assessing each project’s team commitment, development activity, trading volume, liquidity, network security, and transparency. Additionally, regulatory compliance, ethical standards, and community engagement were key factors in their evaluation.

According to Binance, the removal of the Seed Tag signifies that these projects have demonstrated a high standard of performance, security, and transparency. “Projects must maintain a high standard of performance, security, and transparency,” Binance stated in the announcement, thanking the community for their support and engagement.

Implications for Ether.fi and Other Tokens

For ether.fi, this development is particularly noteworthy. As a cryptocurrency with a close price of $1.32658 as of July 19, 2025, and a market cap of approximately $560.95 million, the removal of the Seed Tag could potentially enhance its appeal to investors. Ether.fi’s journey from a 52-week low of $0.405753 in April 2025 to its current valuation reflects its resilience and growth potential in the volatile crypto market.

The removal of the Seed Tag from BONK, EIGEN, ETHFI, PENGU, and PEPE suggests that these tokens have met Binance’s criteria for maturity and reduced risk. This could lead to increased investor confidence and potentially drive up their market value. However, Binance has made it clear that while the Seed Tag has been removed, these assets still carry market risks and price volatility.

Looking Ahead

Binance has committed to continuing its regular reviews across listings, ensuring that all projects on its platform maintain the high standards required for the removal of the Seed Tag. This ongoing evaluation process underscores Binance’s dedication to transparency, security, and ethical standards in the cryptocurrency market.

As the crypto landscape continues to evolve, the removal of the Seed Tag from these tokens may signal a growing maturity for projects once considered high-risk. Investors and traders alike will be watching closely to see how these developments impact the market dynamics and the future trajectory of these intriguing assets.