The trading platform Binance has announced support for three altcoins: Flux (FLUX), Mask Network (MASK), and SushiSwap (SUSHI), which is expected to be a significant step in strengthening their market positions.
Trading for FLUX, MASK, and SUSHI to Begin
According to the official announcement, the altcoins FLUX, MASK, and SUSHI will be available on Binance for trading pairs with the stablecoin USDC. Users are expected to begin trading pairs FLUX/USDC, MASK/USDC, and SUSHI/USDC starting June 17, 2025. These pairs will also be available on Binance's trading bot services. Users will enjoy additional benefits in the form of reduced fees on all existing and new USDC spot and margin trading pairs.
Expected Price Changes for Altcoins
Following the announcement of the listing on Binance, the prices of FLUX, MASK, and SUSHI have already shown an increase. Data from CoinMarketCap shows that the price of FLUX has risen by 3.4% over the past 24 hours, reaching $0.2, with its market cap soaring to $80.85 million. The prices of MASK and SUSHI also surged by 1.7% and 7.8%, respectively. During this time, the altcoin market has recovered, with Ethereum, XRP, Binance Coin, and Solana also showing positive changes.
Competition Between Binance and Coinbase
Despite its successes, Binance faces competitors such as Coinbase. According to Q2 2025 data, Coinbase surpasses Binance in governance and liquidity metrics. For example, the spread for trading the ETH/USDT pair on Coinbase is 0.03%, compared to 0.05% on Binance. However, Binance still handles higher trading volumes and is slightly ahead of Coinbase in technology, processing over 1.4 million orders per second.
The introduction of USDC trading pairs for FLUX, MASK, and SUSHI on Binance may have a significant impact on the prices of these altcoins. Looking at current market trends, continued growth is expected amid the competitive environment between major cryptocurrency exchanges.
