1. Development and technical activity: One of the main factors is the lack of sufficient development activity from the Waves project team. Binance reviews the ongoing development activities and commitment to improving the project, and any deficiency in this area could negatively affect the decision to keep the currency on the platform【
2. Trading volume and liquidity: Another main reason is the low trading volume and liquidity of the WAVES trading pair. Having low liquidity means difficulty executing trades efficiently, which hurts users' experience and causes unwanted price fluctuations
3. Network Stability: Binance reviews include the network stability of the coin. Any problems with the stability of the network or smart contracts can lead to technical risks that harm users and reduce their trust in the currency
4. Regulatory compliance
: Regulatory and legal challenges, especially in the United States, are part of the delisting decision. Coins that have difficulty complying with strict regulations may be considered higher risk, prompting Binance to take action to protect users **Public Communication and Team Response**: Binance takes into account the team's responsiveness to audit requests and transparency in public communication. Any evidence of unethical behavior or negligence negatively impacts the decision to hold currency
All together, it indicates that Binance aims to protect its users and ensure that assets are dealt with that meet the required security, liquidity and development activity standards.
