Binance has announced that it will delist TRX from its US division, causing a negative reaction in the market for the cryptocurrency. The delisting will only affect TRX's availability on Binance US, while it will remain accessible via the international version. The exact reason for the delisting was not revealed, but Binance listed several possible reasons, including changes in a digital asset's risk profile, unethical or fraudulent activity, and regulatory issues. TRX's price fell by as much as 8%, and its money flow indicator demonstrated a sudden shift in the last two days, highlighting the liquidity outflows. Despite the dip, Tron maintained healthy development activity, which may contribute to a confidence boost. However, there is still some risk of more downside if Tron's current concerns expand outside the US and into the global arena.

(By Michael Nderitu)