Get ready, crypto enthusiasts! Binance, a leading cryptocurrency exchange, just announced they’re listing BABY, the token powering the brand new Babylon Genesis blockchain. This exciting news follows hot on the heels of the Babylon Foundation’s successful airdrop, where they distributed a whopping 600 million BABY tokens to the early birds and dedicated supporters of their growing ecosystem.

Babylon Genesis: The First Bitcoin-Secured Layer-1 Blockchain is Here!

Babylon Genesis blockchain is now officially live and making waves! They’re calling it “the world’s first L1 blockchain secured by Bitcoin,” a bold claim backed up by their team’s announcement on X. According to their post, this launch firmly establishes the Babylon Bitcoin staking protocol as the “foundational infrastructure layer for Bitcoin.”

Babylon Genesis is Live: Secured by Bitcoin to Unite the Decentralized World

Babylon Genesis, the world’s first L1 blockchain secured by Bitcoin, officially launches today.

This launch cements the Babylon Bitcoin staking protocol as the foundational infrastructure layer for… pic.twitter.com/tPXa8npbWH

— Babylon (@babylonlabs_io) April 10, 2025

This project is introducing a brand new way to secure blockchains. Imagine using the power of Bitcoin itself to protect a Layer-1 network! That’s precisely what Babylon is doing. Bitcoin holders can now stake their BTC to contribute to Babylon’s security and, in return, earn those shiny new BABY tokens.

Babylon’s grand vision is to unlock the full potential of Bitcoin, turning “idle Bitcoin into the very foundation of the decentralized economy.” This innovative approach tackles Bitcoin’s limitations in programmability without compromising its legendary security, all thanks to their clever staking protocol.

BABY Token Airdrop: Success!

Great news for early supporters! The Babylon Foundation has officially announced the successful completion of their BABY token airdrop to those who jumped in early. A whopping 600 million BABY tokens have been distributed, which is a generous 6% slice of the total 10 billion token pie!

To share the good news directly, the foundation tweeted: “Dear Babylonian, the Babylon Foundation is happy to announce that the airdrop has just been successfully executed! You should be able to see your BABY in your wallet very soon.”

Dear Babylonian, the Babylon Foundation is happy to announce that the airdrop has just been successfully executed! You should be able to see your BABY in your wallet very soon. There is no transfer restrictions on your BABY. You could also stake your BABY to secure Babylon…

— Babylon Foundation (@bbn_foundation) April 10, 2025

Even better, the foundation confirmed no restrictions on these airdropped BABY tokens! That means recipients can immediately trade, use, or do whatever they want with their new tokens. Plus, for those looking to get even more involved, staking your BABY tokens to secure the Babylon Genesis network is an option, allowing you to earn even more rewards.

This airdrop serves a dual purpose: it’s a well-deserved reward for the early believers and a clever way to distribute governance power right from the start.

BABY Token Arrives on Binance: Listing Details & Key Info

The Binance listing of the BABY token is fantastic news for everyone who received the airdrop and any BABY holders! It provides instant liquidity, making it easy to trade your tokens. According to Binance’s official announcement, trading for BABY kicked off on April 10, 2025, at 10:00 UTC. You can trade BABY against USDT, USDC, BNB, FDUSD, and TRY.

Keep in mind, Binance has tagged BABY with a “seed tag.” This is just a heads-up for traders that the token is brand new and, like all early-stage projects, carries some extra investment risk. Deposits will open six hours after Binance’s announcement, giving everyone time to get ready for the markets. Interestingly, this listing announcement follows Binance’s recent decision to delist 7 other crypto pairs.

There’s a total supply of 10 billion BABY tokens, with the recent airdrop releasing 600 million, or 6% of the total. This distribution strategy is designed to create a wide community of token holders who can actively participate in the network’s governance right from the get-go. Currently, CoinMarketCap shows Babylon trading at $0.1032, with a market cap of $234 million.

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Vignesh Karunanidhi

Vignesh Karunanidhi is a seasoned crypto journalist with nearly 7 years of experience in the cryptocurrency industry. He has contributed to numerous publications, including WatcherGuru, BeInCrypto, Milkroad, and authored over 10,000 articles

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

Source: coingape.com