Binance placed Across Protocol (ACX), Lisk (LSK), and Stacks (STX) under its Monitoring Tag on July 24, signaling heightened risk of potential delisting on the world’s largest crypto exchange. This move sent all three tokens sliding, with some hitting historic lows on the platform.
What the Monitoring Tag Means
The Monitoring Tag acts as a cautionary sign rather than an immediate removal. Binance applies it to assets exhibiting increased volatility and risk compared to other listings. The exchange conducts ongoing reviews that evaluate factors like the development team's dedication, active progress, trading volume, network reliability, and changes in tokenomics. Evidence of fraud or mismanagement also influences tagging decisions.
Binance clarified that these tokens face regular scrutiny, with the tag indicating they might soon fail to meet the exchange’s listing standards. This system allows Binance to alert traders and investors before taking a tougher stance.
Price Reactions and Historical Context
Following the announcement, Lisk tumbled to $0.074 on Binance, marking an all-time low. ACX dropped to an intraday bottom of $0.035, the weakest since March, while Stacks reached $0.143, its lowest price since late 2020. At press time, LSK was down 3.85%, ACX down 1.14%, and STX suffered the steepest loss, falling 7.05%.
These declines reflect concerns stirred by the delisting warning, even though the tag does not guarantee removal. Binance previously applied similar warnings to tokens like Beefy.Finance (BIFI) and Measurable Data Token (MDT) in June 2025, and FunToken (FUN) and Orchid (OXT) in March 2026. Those projects were ultimately delisted in April 2026, alongside FIO Protocol (FIO) and Wanchain (WAN).
