Binance Backs AITECH Rebrand to ACN With 1:1 Token Swap

Binance Backs AITECH Rebrand to ACN With 1:1 Token Swap

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News Editor 01
2026-07-24 10:15:15
Solidus AI Tech has rebranded to AITECH Cloud Network, with AITECH migrating to ACN on a 1:1 basis. Binance Alpha 2.0 is supporting the swap after trading paused at 02:00 UTC on April 29, 2026, with resumption expected at 08:00 UTC.
BinanceACNAITECHtoken-swapAI-infrastructure

Solidus AI Tech is completing a rebrand and token migration, changing its project name to AITECH Cloud Network (ACN). Under the announced plan, the swap is being carried out at a 1:1 ratio, meaning 1 AITECH converts into 1 ACN. Binance coverage says Binance Alpha 2.0 is supporting the move, with trading paused at 02:00 UTC on April 29, 2026 and expected to resume at 08:00 UTC the same day.

Migration support extends across major exchanges

The source says KuCoin and Bitget are also backing the rebrand, while placing Binance at the center of the process because of its scale and liquidity. It also points to Alpha 2.0 as a channel for access to early-stage tokens such as ACN. For users holding the old token, the exchange is described as handling the technical side of the conversion, turning AITECH balances into ACN.

The project is repositioning around AI infrastructure

According to the article, the new AITECH Cloud Network is focusing on AI infrastructure services. The team says it operates a green data center in Europe and offers GPU rentals, an AI marketplace, and lower-cost access to AI tools. The report also says the token is moving to Ethereum to improve compatibility. Those points form the main rationale presented for the rebrand.

ACN trades lower during the transition period

At the time cited in the source, ACN was trading around $0.008890, down 13.62% over 24 hours. With a total supply of 1.98 billion, the market capitalization was listed at about $15.86 million. The article frames that decline as a common pattern during token migrations. It also says traders should watch broader market conditions after the FOMC meeting and monitor whether large holders sell newly swapped tokens into the market.

The piece adds that some analysts believe token migrations without support from a top exchange can face sharper liquidity stress. It cites a view that ACN could have fallen 50% to 70% without Binance support because of panic selling and weak demand. That figure appears in the source as an analytical scenario, not as an outcome that has already occurred.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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