Latest Loom Network (LOOM) News Update

By CMC AI
11 September 2026 01:38PM (UTC+0)
TLDR

LOOM is caught between exchange delistings and a sudden surge of social media speculation. Here are the latest news:

  1. Poloniex Delists LOOM (14 January 2026) – Trading halted as part of a broad cleanup, reducing token accessibility.

  2. Social Media Buzz on Solana Link (8 September 2026) – Traders discuss LOOM's historical ties to Solana, fueling a recent price rally.

  3. LOOM Price Surges 176% in a Week (11 September 2026) – The token's value skyrockets amid high social sentiment and trading volume.

Deep Dive

1. Poloniex Delists LOOM (14 January 2026)

Overview: Poloniex removed LOOM and 15 other assets, halting deposits on 14 January and trading on 15 January 2026. The exchange cited its Delisting Policy, aiming to maintain platform standards by removing projects that no longer meet criteria like innovation or trading activity. What this means: This is bearish for LOOM as it reduces liquidity and ease of access for traders, continuing a trend of exchange departures that began with Binance in 2024. (Poloniex)

Overview: In early September 2026, crypto traders on X (formerly Twitter) circulated claims that LOOM is a "piece of Solana history," noting its original name and a narrative that holding LOOM earns SOL. This sparked discussions about the token being undervalued. What this means: This is a short-term bullish catalyst, as such speculative narratives can drive retail buying and price volatility, independent of the project's fundamentals. (cashhodl)

3. LOOM Price Surges 176% in a Week (11 September 2026)

Overview: As of 11 September 2026, LOOM's price has rocketed 176% over the past seven days to $0.00309, with a 24-hour trading volume of ~$4.95 million. This surge coincides with the peak of the social media chatter. What this means: The extreme move highlights high volatility and speculative interest. The 1.29 turnover ratio suggests the market is relatively liquid during this rally, but such gains are often unsustainable without fundamental support. (Source: CoinMarketCap)

Conclusion

LOOM's trajectory is a tug-of-war between diminishing exchange support and explosive, narrative-driven retail speculation. Will the social media momentum prove more powerful than the bearish signal from consecutive delistings?

CMC AI can make mistakes. Not financial advice.
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