Binance will remove the Seed Tag from Bonk (BONK), EigenLayer (EIGEN), ether.fi (ETHFI), Pudgy Penguins (PENGU), and Pepe (PEPE) on July 21, 2025. This announcement follows a standard review assessing each project’s progress, transparency, and risk level. Could this signal growing maturity for these once high-risk tokens?
The Seed Tag typically marks projects that are relatively new, volatile, or carry elevated risk. Binance uses the label to warn users of potential fluctuations and uncertainties, while maintaining transparency during a project’s early stages. Earlier this year, Binance issued a vital update on ARKM, JTO, and numerous other crypto assets, updating Monitoring and Seed tags on the platform.
The latest review by Binance considered several criteria, including developer activity, trading volume, liquidity, network stability, and community engagement. These tokens—BONK, EIGEN, ETHFI, PENGU, and PEPE—met Binance’s standards across these benchmarks. As a result, they will no longer carry the Seed Tag warning on the platform.
Binance highlighted multiple parameters during its evaluation. These included the responsiveness of each project to the exchange’s due diligence efforts, ongoing public communication, and the absence of fraudulent or negligent behaviour. The impact of any changes to project leadership or ownership structure also factored into the assessment.
Along with this, the exchange monitored for any unjustified increases in token supply or drastic shifts in tokenomics. None of the five tokens under review were flagged for such activity, reinforcing their eligibility for Seed Tag removal.
While the Seed Tag removal changes the risk status of these tokens, Binance confirmed that all related services—such as spot and futures trading, staking, and savings—will remain unaffected. The update pertains strictly to the visibility of the Seed Tag on the exchange platform. BONK and PENGU prices are up by more than 30% in last 7 days, while other crypto prices have also made significant gains.
Binance stated that the Seed Tag label is meant to inform users, not restrict access. The platform’s ongoing reviews are part of a broader strategy to foster a transparent and sustainable crypto environment. Historically, this is seen as a positive indication for the tokens and boosts investors confidence.
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