[DigitalToday reporter Yoonseo Lee] Crypto exchange Binance has added five cryptocurrencies, including Moonbeam, to its monitoring list. The designation is applied to tokens deemed highly volatile and risky, and can later lead to delisting, heightening market caution.

On Aug. 11 (local time), blockchain outlet U.Today reported that Binance added Moonbeam (GLMR), ICON (ICX), Moonriver (MOVR), SuperRare (RARE) and Sophon (SOPH) as new monitoring assets.

The move does not mean immediate delisting. Binance did not disclose any schedule for removing the tokens, and did not say it would halt trading support right away. The exchange warned, however, that the digital assets could be removed from the platform if they ultimately fail to meet listing standards.

The monitoring tag is widely seen as a sign Binance views a listed asset as high risk. The exchange has typically used the tag to manage tokens with high volatility or risk separately. Such moves have often led to permanent delistings after close monitoring.

Binance plans to more strictly review the performance and continued listing eligibility of the five tokens. It said it will examine factors including team commitment, development activity, trading volume and liquidity, network security, smart contract stability and the quality of external communications. It is effectively tightening not only listing reviews but also post-listing management standards.

The move also coincides with recent regulatory pressure surrounding Binance. Binance said it has been strengthening security and user protection after recently facing regulatory-related setbacks in Europe. The exchange said it is increasing the intensity of asset reviews to better identify potential risks, and has stated it will provide users with a higher level of safety.

Market attention is focused more on the results of subsequent evaluations than on the monitoring tag itself. The tokens added to monitoring are not confirmed for removal immediately, but uncertainty could grow over liquidity and continued trading as Binance has publicly said it will reassess whether they meet listing standards. Binance’s statement that it will scrutinise the assets more closely is being read as meaning project operations and overall market activity are subject to re-evaluation.

The move has also reaffirmed Binance’s approach to listing management. The exchange included network security, smart contract stability and the level of public communication among its review items, not just price fluctuations. As a result, the projects will need to continue demonstrating that they meet listing standards across technical operations, market indicators and overall communications.

Binance will extend the Monitoring Tag to include GLMR, ICX, MOVR, RARE, and SOPH. https://t.co/3wKYflPcCe pic.twitter.com/BQWtsUpo6v