Centralized exchanges are aggressively expanding their spot listings to capture growing investor interest.
Rapid Listing Expansion
A recent report from TokenInsight shows a surge in new asset listings across major exchanges, with MEXC leading with 461 new assets, followed by Gate with 317. Other exchanges, such as Binance and OKX, took a more conservative approach, listing just 24 and 19 assets, respectively.
Popularity of Memecoins
The listing boom gained momentum in mid-November, driven by a surge in memecoin popularity and heightened trading activity. Memecoins accounted for over one-third of all new listings. MEXC was the most aggressive, with 40% of its new listings falling into the category, while Gate followed at 24%.
Specialized Trading Zones
Notably, MEXC and Gate introduced specialized trading zones, such as MEXC's 'Meme+' and Gate's 'Pilot', to further capitalize on market trends. These trading zones allowed traders to access emerging assets before transitioning to official spot listings.
As market momentum continues, exchanges are expected to further accelerate spot listings to attract traders and maximize trading volume.
