Biswap saw a huge 100% surge in just a few hours, shortly after Binance announced it would remove tokens.
The crypto market is not always driven by the foundations. On Thursday, June 26th, Binance announced the registration of five tokens, including Biswap (BSW). But instead of causing a price collapse, the delisting news sparked a major rally.
🛡 Tough Goodbye – A stronger future
@Binance is difficult to list. We traveled long together, and now we are fully embraced decentralization. CEXS can deprecate tokens, but not visions. We are free to build. And we’re just starting out
🧵1/2 https://t.co/bdste6upvv
– biswap (@biswap_dex) June 26, 2025
Despite Binance’s listing, the small tokens revolved 118% in just a few hours, rising from $0.017 to a peak of $0.037. The Biswap price has since stabilized at $0.026, but tokens have risen 30% over the past 24 hours.
One potential reason for price spikes is the announcement of a new roadmap by the project. Biswap outlined plans to make the project more decentralized, allowing users to not only passively farm tokens, but also vote for rewards. The protocol also announced procedures for chain governance and updates to its talknomics.
You might like it too: Hackers continue to misuse audited defi protocols: What are they missing? |Opinion
Why Binance listed Biswap
Binance regularly reviews tokens on the platform to ensure they meet the criteria for their listings. The exchange takes into account factors such as regulatory compliance, trading volume and liquidity, security, team commitment, and ownership structure. Binance did not expressly state why Biswap or other tokens were listed. However, the announcement suggests that one or more of these criteria were unable to meet.
BISWAP was launched in 2021 as a decentralized exchange of BNB chains. This allows users to exchange tokens, provide liquidity to earn returns, and wager crypto rewards. The token peaked at $2.13 in December 2021, losing almost 99% of its value since then.
Since its launch, Biswap has faced criticism of its protocols and security concerns. In June 2021, Valix Consulting discovered a key exploit of code that allowed attackers to mint unlimited BSW tokens through exchanges. Biswap has since patched the vulnerability.
read more: Ethereum co-founder: Wall Street “goes deeper” into Defi and Ethereum
