For those who are familiar with the x5, x10 token scenario immediately after listing on the exchange, Binance's new mechanism may make them rethink. For the first time, Binance is experimenting with a "price range limit" when listing RedStone (RED), only allowing a maximum price increase of 400% in the first 3 days.

💡 Is this a risk control measure or is it restraining the natural growth momentum of the crypto market?

How Does Binance's "Price Range Limit" Mechanism Work?

- 28/02 - 01/03: Maximum price = 200% of the opening price

- 01/03 - 02/03: Maximum price = 300% of the opening price

- 02/03 - 03/03: Maximum price = 400% of the opening price

- After 03/03: No more price limit

The purpose of this mechanism:

- Reduce the pump & dump situation when a new token is listed.

- Help the market have time to adjust, avoiding excessive volatility.

- Set a new precedent for future projects.

But this also raises the question: Is Binance gradually turning crypto into traditional securities?

RedStone - Why Did Binance Choose This Project to Experiment With?

What is RedStone?

RedStone is an oracle solution designed to provide fast, reliable, and cost-optimized off-chain data for dApps and smart contracts.

💡 RedStone is not a traditional oracle like Chainlink or Pyth, but has the following highlights:

Data Availability Layer architecture:

- Stores data on Arweave instead of on-Chain → Reduces gas fees by up to 90%.

- Helps the system be faster and more cost-effective for users.

Multi-ecosystem compatible:

- Works well on Ethereum, Layer 2, and non-EVM blockchains.

- Supports various DeFi protocols like Morpho, Synthetix, EigenLayer.

Flexible Push & Pull mechanism:

- Data can be pushed or pulled depending on the use case.

Backed by major funds:

- Coinbase Ventures, Lemniscap, Arrington Capital have invested in RedStone.

Price Range Limit: Solution or Obstacle?

Positive impacts:

- Reduce the risk of excessive "pump & dump".

- Help retail investors not get caught up in strong FOMO waves.

- Create a more stable price base in the early stage.

But there are also risks:

- Investors may switch to DEXs or other exchanges to trade beyond the limit.

- Liquidity on Binance may be affected in the early stage.

- If this mechanism is expanded, crypto may gradually lose its inherent freedom.

Is This a New Trend for Binance?

- Binance has not confirmed whether this mechanism will be widely applied.

- If RedStone is successful, it is very likely that this will become a new standard for projects seeking to be listed.

- That means the "list and pump x5" era may no longer be as easy as before.

What do you think? Does this mechanism protect investors or is it limiting the freedom of crypto?