Bithumb, a leading cryptocurrency exchange, has announced that it will delist Rally (RLY) on November 25, 2022. The decision follows a comprehensive review of the project's progress and business fundamentals, which revealed that RLY no longer meets Bithumb's criteria for continued trading support. Bithumb initially announced the pending delisting on November 14, stating that it was awaiting additional information from the Rally foundation. However, the exchange has since determined that the project's development and business progress have not improved sufficiently to warrant continued trading. The delisting will take effect at 15:00 (KST) on November 25. After this time, RLY will no longer be available for trading on Bithumb. Users are advised to withdraw their RLY tokens from the exchange before the delisting takes effect. The decision to delist RLY is a reminder of the importance of strong project fundamentals and transparent communication with stakeholders. Investors are encouraged to carefully consider the risks and potential rewards before investing in any cryptocurrency.