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Exchange tokens had an exciting year in 2025. Some grew a lot, while others didn’t do as well. The crypto market bounced back to $4 trillion by Q3, and more trading helped push prices higher. Centralized exchanges handled $5.1 trillion in spot trading in Q3, up 31.6% from the previous quarter, with Binance still on top at 23.83% market share.

BNB was a big winner, going up 129% to $1,048. OKB also gained value by limiting its total supply to 21 million. Many other exchange tokens didn’t grow as much as Bitcoin, which rose 31.62% in Q2, because of lower trading and market ups and downs.

Bitget Token (BGB) was the biggest surprise, jumping 880% this year. Token burns and partnerships like PayFi and Morph Chain helped it grow. BGB traded around $3.50 thing month and could reach $30 as the exchange expands and event like crazy 48 continues to catch the eye.phase 8 is well underway with BGB as rewards

For me, BNB and BGB were the top surprises, and I’m holding both. What about you?

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