Share this article
Flow Token From Dapper Labs Soars After Binance Listing
The token began the day at $18.26 and climbed to $27.56 after the announcement from Binance, according to data from Messari.
Updated Sep 14, 2021, 1:33 p.m. Published Jul 30, 2021, 1:32 p.m.
Make us preferred on Google
Flow, a token powering a blockchain network focused on non-fungible tokens (NFT), surged in price after the big cryptocurrency exchange Binance said Friday it would list the project.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Binance said at 7:00 UTC (3 a.m. ET) that it would list the FLOW token; since then, the price has rallied to $29 from $18, a 61% rise. On a 24-hour basis, the cryptocurrency is up 30%.
- The token began the day at $18.26 and climbed to $27.56 after the announcement from Binance, according to data from Messari.
- FLOW's market value jumped to $1.23 billion.
- Flow is a blockchain built to support gaming applications and digital assets.
- The ecosystem is a product of Dapper Labs, the company behind the CryptoKitties blockchain game and NBA Top Shot, which allows fans to buy, sell and trade officially licensed video highlights of National Basketball Association moments.
- Flow’s rally after Binance’s announcement could be a sign the market still sees the exchange as a major player, despite recent regulatory crackdowns.
- Binance is still the leading crypto exchange in terms of spot and derivative market volumes and futures market open interest. So the listing could provide access for a larger swath of traders to buy or sell the FLOW token.
Read more: Binance to Wind Down Derivatives in Europe; Malaysia Orders Closure
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Bitcoin stuck near $88,000 as gold's and silver's record-breaking rallies show exhaustion signs
"Gold and silver casually adding an entire bitcoin market cap in a single day," wrote one crypto analyst.
What to know:
- Bitcoin is off its worst levels of the weekend, but still near the year's low at $87,700.
- Facing the same news cycle as crypto, precious metals continued to surge higher, but a quick retreat from their highs on Monday suggested a bit of exhaustion was setting in.
- Analysts remain dour on the outlook for crypto prices given the looming government shutdown as well as delays in passage of the Clarity Act.
Top Stories
