Exchange tokens had a big 2025 no doubt about that, with some doing very well and others not so much. The crypto market grew back to $4t by Q3, and more trading helped push prices up. exchanges saw $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 did especially well, rising 129% to reach $1,048. OKB also gained by limiting its total supply to 21 million. But many other exchange tokens didn’t grow as much as Bitcoin, which rose 31.62% in Q2, because of less trading and overall market ups and downs.


BGB was a star, jumping 880% this year. Token burns and new partnerships like PayFi and Morph Chain helped it grow. Trading at $3.50 in December, BGB could reach $30 or more according to analysis soon as expansion and events like crazy48h expands..


What exchange tokens surprised you? for me I'll say BNB & BGB and I'm holding both