Two low-cap altcoins experienced a significant surge in price on Friday following the announcement that they would be available for trading on the popular cryptocurrency exchange Binance. Binance introduced trading services for Across (ACX), an interoperability protocol, and Orca (ORCA), a decentralized exchange (DEX) based on the Solana (SOL) blockchain.
The native tokens of both platforms saw impressive gains on Friday, with ACX spiking by almost 88% and ORCA rising by nearly 80%. These gains were the highest among any of the top 1,000 tokens by market cap for that day, as reported by CoinGecko.
Across is positioning itself as a pioneer in cross-chain experiences, powered by cross-chain intents that allow users to specify outcomes rather than execution paths. On the other hand, Orca aims to provide a user-friendly environment for traders and liquidity providers of all experience levels.
Binance will be attaching seed tags to both ACX and ORCA, designating them as lower-liquidity projects that may exhibit higher volatility compared to other listed tokens. Users who hold assets with seed tags will be required to pass quizzes every 90 days, ensuring that they are aware of the risks associated with trading these tokens.
As of the time of writing, ACX, ranked 244th by market cap, is trading at $1.07, while ORCA, ranked 282nd, is trading at $6.98.
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