How Binance’s Moves Reshape Small-Cap Crypto Markets
Binance’s decision to delist BAKE, HIFI, and SLF in August 2025 has sent shockwaves through the small-cap crypto market, exposing the fragility of assets reliant on centralized exchange liquidity. The delistings, part of Binance’s broader strategy to prioritize high-liquidity tokens, triggered immediate price collapses—HIFI plummeted 879.79% in 24 hours, while BAKE and SLF dropped 10–12% as traders scrambled to exit positions [1]. These moves underscore a critical truth: in a market dominated by a few gatekeepers, visibility on major exchanges is not just a convenience but a lifeline.
The delistings also amplified a broader trend of capital reallocation. Investors, spooked by the sudden loss of liquidity, shifted funds…
