- The vote was held from April 10 to 16, 2025.
- Zec and Jasmy followed with 8.6% of the votes each.
- Binance says that the votes will not be the only factor for exclusion of the list.
FTT, the native token of the collapsed exchange FTX, faces a renewed pressure after leading the second round of “slide” vote ”of Binance with 11.1% of the votes of the community.
The vote, which was carried out from April 10 to 16, 2025, is part of the Binance’s broader governance program, which allows users to comment on tokens marked with a monitoring label.
These tokens are considered to carry greater risk or volatility, which has motivated more exhaustive internal evaluations by Binance. While the results of the voting alone do not determine the exclusions of the platform, they do significantly influence the decision -making process of the Exchange.
The Token has experienced a persistent bearish impulse since the beginning of the year, and its association with the collapse of FTX in November 2022 continues to cloud the confidence of investors.
At the time of writing this article, FTT was quoted at $ 0.80, 4.1% less than in the last 24 hours, and his last decrease echoed the sales driven by the feeling observed in the first voting round.
Fountain: Coinmarketcap
Binance expands governance tools
Binance’s “Vote for Delist” seeks to improve transparency and strengthen user participation in governance. It focuses on assets marked with monitoring labels, usually due to liquidity problems, regulatory risks or large price fluctuations.
While the feeling of the community plays a key role, Binance has clarified that the exclusion decisions of the list are not determined only by the vote results.
“The vote result will not be the only decisive factor for the final decision of exclusion of the list,” Binance said on its Square platform.
The review process will also consider internal metrics and compliance standards, and any final decision can be delayed depending on the procedure requirements.
The leading FTT position among the 17 tokens included in the second voting round suggests a strong community preference for its elimination, which reinforces the caution of the market over its long -term viability.
The Altcoins face price drops and risk of exclusion from the list
Other tokens also recorded notable levels of concern. ZCash (ZEC) and Jasmycoin (Jasmy) each received 8.6% of the votes, reflecting the growing distrust of users despite their historic popularity.
GOPLUS Security (GPS) followed him with 8.2%, while PlayDAPP (PDA) obtained 7.6%. Voxies (Voxel), Alpaca Finance (ALPACA) and STP Network (STPT) also stood out, with 7.1%, 6.3% and 5.9% of the votes, respectively.
Price data show that these tokens have begun to react to the vote results. Jasmy and Stpt fell around 6 % in the last 24 hours, while other cryptocurrencies showed more moderate descents.
For example, Voxel, PDA and Alpaca published red candles, suggesting that investors’ anxiety can extend beyond the FTT.
They were also included in the Flamingo Finance (FLM) list with 4.3%, ARK (5.8%), BISWAP (BSW) with 5.5%and Moviebloc (MBL) with 4.2%.
Wing Finance (Wing) obtained a lower voting participation, with 3.8%, ardor (ARDR) with 3.6%and perpetual protocol (perp) with 3.4%. NKN and Lto Network closed the list with 3.2% and 2.9% of the votes, respectively.
The market awaits Binance’s decision about the FTT
Although Binance’s final exclusion decisions are pending, the data indicates a clear tendency of the community to move away from the tokens considered unstable or committed.
Market participants are expected to closely monitor the Binance review process, particularly for tokens such as FTT and Jasmy, which continue to attract regulatory and public scrutiny.
The bag has not announced a firm schedule for exclusion and reiterated that internal reviews are still ongoing.
However, the impact on the market has already materialized, with strong short -term price drops and commercial volumes that show volatility in affected tokens.
Once this voting round is completed, Binance’s next steps could sit on how much influence the community’s comments will have when shaping the platform assets offers in the future.
The Post FTT leads the vote on the exclusion of Binance with 11.1% support from the Appeared First On coinjournal community.
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