On July 21, 2025, Binance announced the removal of the Seed Tag from five altcoins: Bonk (BONK), EigenLayer (EIGEN), ether.fi (ETHFI), Pudgy Penguins (PENGU), and Pepe (PEPE). The Seed Tag, which Binance uses to identify newer tokens with higher volatility and risk profiles, was lifted after a comprehensive project review determined these tokens had achieved sufficient maturity.
According to Binance's official statement, the removal reflects improved stability, development progress, and community trust across multiple criteria. These include team dedication, development frequency, trading volume, network security, regulatory compliance, token supply stability, and community sentiment. Tokens carrying the Seed Tag require investors to pass quizzes acknowledging their risk profile before trading, making their removal a significant accessibility improvement.
Binance emphasized this decision resulted from "recent reviews" confirming the projects' evolution beyond the high-risk classification. Following the announcement, prices for the affected altcoins showed immediate positive movement. The exchange commits to ongoing periodic reviews to ensure appropriate risk labeling across its platform.