Ethereum-Based CFG Token Doubles From February Lows – Surges Over 55% On Binance Listing

Despite the rally, CFG’s price remains more than 50% below its record high of $0.400 reached in August last year.

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In this photo illustration, the logo of the Binance crypto exchange is displayed on a screen in Ankara, Turkiye on March 24, 2025. (Photo by Didem Mente/Anadolu via Getty Images)

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Prabhjote Gill · Stocktwits

Published Mar 16, 2026, 12:23 PM

CFG.X
  • Centrifuge’s CFG token rallied more than 55% after Binance announced it would list the token on its main exchange for trading.
  • The crypto token is now over 160% above its record low of $0.067, set last month.
  • The uptick came amid a broader crypto rally led by Ethereum, which rose more than 7% over the past 24 hours.
  • Centrifuge focuses on tokenizing real-world assets such as invoices or real estate.

Crypto token Centrifuge (CFG) rallied more than 50% in the last 24 hours after Binance announced that it would be listing the blockchain project’s token on its exchange for trading.

The CFG token remains more than 50% below its record high of $0.400 seen in August last year, but has recovered by over 160% from its record low of $0.067 last month.

CFG’s price rose as much as 55% to reach $0.196 in intra-day trade before paring gains to around $0.189, according to CoinGecko data. On Stocktwits, retail sentiment around the cryptocurrency remained in ‘bearish’ territory over the past day. 

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CFG retail sentiment and message volume on March 16 as of 8:05 a.m. ET | Source: Stocktwits

Binance announced on Monday that it would be moving the CFG token from its Alpha Market to the main exchange, with trading scheduled to go live at 9:00 a.m. ET. The project will be listed with a ‘Seed Tag’ label, which is used to flag off newly listed or higher-risk projects. According to Binance's guidelines, users must complete a risk-awareness quiz every 90 days to trade the CFG token.

What Is Centrifuge Crypto Project?

The crypto project turns real-world assets (RWAs) such as invoices, real estate, or art into digital tokens, also known as tokenization. Initially, CFG ran on its own network but built a bridge to Ethereum in 2021 before migrating entirely to ETH in 2025. This brought Centrifuge into the league of decentralized finance (DeFi) projects on Ethereum like SparkLend (SPK) and Aave (AAVE).

The rally in CFG was supported by a rally in Ethereum (ETH), which outperformed Bitcoin (BTC) in the last 24 hours. Ethereum’s price rose more than 7% over the past day to around $2,270, and retail sentiment flipped to ‘bullish’ from ‘bearish’ territory. Chatter remained at ‘normal’ levels.

Read also: Bitcoin Hits Resistance At $74K While Ethereum, Dogecoin Outperform – Oil At $100 Ahead Of Fed Rate Cut Meeting This Week

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