Cryptocurrency exchange Binance has listed 37 projects in 2022 and 22 projects so far in 2023. According to the analysis company Layergg, the company may launch a listing raid in these days when the footsteps of the bull market are coming.
Here are the possible listings and their reasons, according to the analysis company's predictions:
XDC Network (XDC)
XDC Network, a tokenization project, had partnered with SBI VC Trade. It also stands out as the only ISO 20022 compliant project that is not yet listed on Binance.
Since Japan is in the midst of a government-led tokenization and stablecoin initiative with SBI at its center, Binance Global is likely to strategize to list multiple Japan-related projects, according to analysts.
Toncoin, the only top 20 market cap project not yet listed on Binance, was recognized as an approved virtual asset by the DFSA. Considering Binance's expansion efforts in Dubai, this indicates a strong possibility of listing, according to analysts.
Helio Protocol (HELIO)
Helio Protocol, backed by Binance Labs with $10 million, is on BNB Chain's Watch List. According to total locked value, Binance's BNB Chain is in the top 10 among ecosystem projects. The HELIO token is scheduled to launch soon and there are currently no BNB chain LSD-fi infrastructure projects listed on Binance.
LayerZero, funded with 293M by Binance Labs, a16z, Sequoia, Multicoin, Coinbase, recently announced that its SSL certificate was received on November 3. The project is eagerly awaited by the market and, according to analysts, it is likely to be listed simultaneously on major stock exchanges.
*This is not investment advice.