- Binance announced it will list Ronin (RON) on February 5, 2024.
- Pullix revealed major updates, including its registration as an exchange provider.
- The PLX token presale reached stage 7, signaling that Pullix is on track for a beta launch and market debut.
Ronin (RON), the native token of the Web3 gaming platform Ronin Network, is among the digital assets experiencing notable price movement today. Market interest intensified after leading cryptocurrency exchange Binance confirmed it would list RON.
At the same time, investor attention has shifted to the upcoming launch of Pullix (PLX), a hybrid exchange whose token sale is currently in stage 7 of 8. The latest updates from the Pullix team have energized the DeFi community and raised expectations for the project’s next milestones.
Binance Announces Listing of Ronin (RON)
Binance announced it will list Ronin (RON) at 13:30 UTC on February 5, 2024. The exchange said it will open spot trading pairs including RONIN/BTC, RONIN/USDT, RONIN/FDUSD and RONIN/TRY.
Following the listing announcement, Ronin’s price surged on various exchanges, reaching highs near $3.51. CoinGecko data show that the EVM-compatible blockchain’s native token climbed to price levels last seen in February 2022. Around 10:50 UTC on Monday, RON traded about 33% below its all-time high of $4.29, reached in January 2022.
However, the rally sparked profit-taking by holders. As a result, RON’s price may revisit support zones in the $2.00–$2.50 range. This bearish scenario would become more likely if the RON/USD pair fails to hold support at around $2.80 following the initial surge.
Pullix Hits Major Milestone
Pullix is a new hybrid exchange designed to bridge the best elements of centralized exchanges like Binance and decentralized exchanges such as Uniswap and dYdX. The platform aims to tackle a key issue that has long hindered DeFi: liquidity.
The Pullix presale has attracted strong interest, accelerating in recent weeks. In response, the team published updates that sparked excitement across the DeFi community. One of the most important announcements is the imminent beta release, which will allow users to access a hybrid trading infrastructure combining centralized liquidity and decentralized control.
Pullix’s hybrid model is designed to incentivize users to provide liquidity while preserving user custody of private keys. This approach seeks to balance deep liquidity and institutional-grade security, offering traders a familiar experience alongside DeFi-style ownership.
In addition, Pullix plans to offer institutional trading tools and a distinctive revenue-sharing mechanism: users will receive 30% of the exchange’s revenues, distributed daily. These features are intended to attract both retail and institutional participants.
Should You Buy Pullix (PLX) Today?
Ahead of its beta launch, Pullix disclosed several key developments. The team announced on its official X account that Pullix received offshore regulatory approval and licensing—an important step in reducing legal uncertainty and accelerating the platform’s path to market.
Development progress includes upgrades to the website and a working demo, along with completed staking dashboards and a token burn mechanism that will be in place before the PLX presale concludes. Following these deliverables, Pullix expects to launch its beta, clearing the way for the exchange’s public debut.
🔊 Major Pullix Updates 🔊
Pull up and listen closely – some BIG progress is unfolding! 👂👂
First and foremost – in massive regulatory news, we are OFFICIALLY approved and licensed offshore! No legal uncertainty – just full steam ahead to launch!!!
Also, we are in the home… pic.twitter.com/hSzsyBzAyu
— Pullix (@Pullixmarkets) February 3, 2024
With the platform’s launch, the DeFi ecosystem stands to benefit from improved liquidity, enhanced security, and institutional-grade tools such as AI-driven trading and copy trading. These capabilities could drive traction for the PLX token and contribute to upward momentum as Pullix moves toward full market release.
During the penultimate stage of its presale, Pullix raised more than $4.9 million for the PLX token, which is currently priced at $0.10. That level of interest suggests PLX may still present an investment opportunity for those who believe in the project’s roadmap and its potential to deliver hybrid exchange infrastructure to the market.