According to @OnchainDataNerd, citing a CryptoQuant report, Binance’s cumulative trading volume for newly listed tokens has reached 133 billion dollars year-to-date in 2025, underscoring where listing-event liquidity is concentrating source: CryptoQuant, @OnchainDataNerd. @OnchainDataNerd interprets this magnitude as a strong vote of confidence in Binance’s depth and user participation for new listings, which is directly relevant for traders targeting listing momentum and initial price discovery source: @OnchainDataNerd, CryptoQuant.