It’s very important, whether you’re invested in Substratum or not, to not look at this in a black and white way. This has little to nothing to do with the actual value of Substratum or SALT as a project. The fundamentals are completely separate from Binance doing this, in my opinion.
I don’t know much about SALT, so I’ll just speak about Substratum. The project’s fundamentals are not “completely separate” from Binance’s choice to delist SUB. The quality of Substratum’s management is fundamentally broken, and this is obvious from the missed deadlines, lackluster PR strategy, and the CEO’s inability to not overpromise. Furthermore, losing 99% of SUB trading volume effectively kills the network’s monetization model – it is indeed black and white. I’m not the only one who thinks this. Substratum’s own CMO has stated that the team is exploring monetization models that don’t require SUB.