As billions were wiped from the crypto market in early October’s liquidation storm, one pocket of activity told a different 0 one exchange, traders doubled 1 to MEXC’s latest data , participation in newly listed tokens surged 64% in September, while trading volumes ballooned by more than 500%. The trend stands in sharp contrast to the market’s defensive tone following a $19 billion wipeout — the largest liquidation cascade in crypto history — triggered by renewed trade tensions between the 2 3 Flight to Volatility Rather than moving to stable assets, traders piled into high-risk sectors such as perpetual DEXs and AI-linked tokens — two of the fastest-growing categories in 2025.
AVNT, a decentralized derivatives project on the Base chain, skyrocketed 5,400%, while ASTER and RIVER recorded gains above 700% and 1,900%, 4 data reflects a shift in market psychology: retail and early institutional participants appear increasingly comfortable treating volatility as an opportunity. It’s counterintuitive, but traders are finding alpha in 5 appetite for new listings shows that speculative energy is evolving. BSC’s Unexpected Comeback While Ethereum and Solana ecosystems have historically dominated token launches, Binance Smart Chain quietly staged a comeback. BSC-based projects averaged over 4,000% in gains, making it September’s strongest network 6 say BSC’s lower fees and growing support for DeFi protocols have positioned it as a retail-friendly launch environment during periods of liquidity 7 outperformance also hints at a structural realignment: as centralized exchanges tighten listing standards, smaller ecosystems are seizing the liquidity 8 result is a broader, more fragmented market where early-stage tokens — often outside the top chains — are attracting the most attention.
A Market Reset in Motion Despite the chaos, industry watchers see signs of 9 sell-off, triggered by macro uncertainty, cleared excess leverage and reset overheated 10 has since rebounded above $110,000, while Ethereum reclaimed the $4,000 11 MEXC, the spike in trading activity during such conditions underscores a deeper resilience — and perhaps a maturing phase for retail investors who now appear to “buy fear” rather than flee 12 this resilience translates into sustained gains remains 13 one thing is clear: retail traders are no longer just passengers in the market cycle — they’re steering it.
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