Newton Gitonga
Cryptocurrencies presented mixed performances on Monday as the Iran-Israel war rattled the markets.
While most altcoins recover from their latest lows, Seraph Studio’s native token jumped from $0.1731 to $0. 1973.
That represents an approximately 14% value increase in the past 24 hours.
This article highlights the fundamentals that propelled SERAPH within the previous day.
Seraph has attracted attention in the past few sessions amid significant shifts on Binance Alpha, which have seen traders reevaluating which assets to trust.
The community is voting to lock the SERAPH liquidity pool on the decentralized exchange PancakeSwap to bolster ecosystem stability and investor confidence.
More than 1,100 individuals have voted, with 98.9% supporting LP lock activation.
Seraph community approves LP lock
The GameFi project shared the pool on X, asking the SERAPH community whether to keep the liquidity pool flexible or lock it.
Seraph will move to lock the LP on PancakeSwap as the proposal saw massive “Yes” votes.
The team has confirmed that the lock is in motion and will issue an official announcement soon.
Thanks to our passionate community! Over 99% voted yes to lock the SERAPH/USDT LP, and we’re making it happen. The official announcement is coming soon.
The community-driven move underscores Seraph’s alignment with its investors.
The liquidity pool lock will secure the ecosystem from massive volatility and potential rug pulls.
Further, the team emphasized executing the LP lock on-chain to ensure transparency.
Why are LP locks vital?
Liquidity pool locks are crucial for digital asset investors as they help guarantee a stable decentralized finance (DeFi) ecosystem.
Projects with locked LP tokens tell you that no one can suddenly withdraw liquidity (what new investors fear the most).
Thus, Seraph’s LP lock means the team is not planning sudden dumps or exits.
Further, the project will enjoy heightened security as transparent on-chain terms prevent funds mismanagements.
Also, SERAPH traders can anticipate reduced volatility and smoother price action.
SERAPH token flourishes: boosted market presence and surged trading volumes
Besides the governance front, Seraph Studio has dominated market activity.
SERAPH coin has become the 3rd most traded coin on Binance Alpha, boasting over $506 million in daily volume.
The recent LP lock confirmation, season 3 rollout, and Binance Alpha listing have fueled SERAPH’s latest growth.
Coinmarketcap has highlighted Seraph’s increased market presence, joining the top five trending tokens on the data aggregator platform.
Congrats to @Seraph_global for hitting #5 on CoinMarketCap’s trending coins! 🎉 (CMC Labs: Partnership)
The 3A blockchain GameFi project has been on fire lately:
🔹 Listed on Binance Alpha
🔹 Season3 now live
🔹 SERAPH/USDT LP lock incoming
🔹 $500M+ daily trading volume
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SERAPH price action
The native token hovers at $0.1960, with a bullish structure suggesting continued short-term rallies.
Ecosystem developments confirm organic demand behind SERAPH’s performance.
Massive community support, increased market presence, and the ongoing season 3 position Seraph for impressive performance in Q3.
While digital assets remain highly volatile, projects like Seraph reveal that community confidence, utility, and transparency are crucial for long-term survival.
Enthusiasts will wait for the official announcement for details about the LP lock duration, terms, and upcoming improvements on Binance Alpha.
The post SERAPH gains 14% as community votes to lock liquidity on PancakeSwap appeared first on Invezz
