The price of two small-cap altcoins exploded on Friday after leading crypto exchange Binance made them available for trading on its platform.
Binance has rolled out trading services for the Across Interoperability Protocol (ACX) and Solana (SOL) Orca (ORCA)-based decentralized exchange (DEX).
Both platforms’ native tokens saw massive gains on Friday, with ACX up almost 88% and ORCA up almost 80%. According to CoinGecko, these represented the largest gains among the top 1,000 tokens by market cap that day.
Across aims to be a “new paradigm in cross-chain experiences” and is powered by cross-chain intents, which are types of orders in which users specify results rather than execution paths.
At the same time, Orca aims to provide “the most user-friendly environment for traders and LPs (liquidity providers) of different experience levels.”
Binance will attach seed tags to both assets, which the exchange will apply to low-liquidity projects that may exhibit higher volatility than other listed tokens.
The platform requires users who own assets with seed tags to take quizzes every 90 days to ensure they are aware of the risks before trading the tokens.
ACX, the 244th largest crypto asset by market capitalization, is trading at $1.07 at the time of writing.
OCRA, the 282nd ranked asset, is trading at $6.98.
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