Binance Extends Support for These 3 Altcoins, Sparking Price Rally Hopes

Key Insights:

• Spot trading USDC pairs for altcoins like FLUX, MASK, and SUSHI goes live on Binance
• The altcoin market sees price improvements with the three tokens in big spotlight
• Binance continues to expand, but faces opposition from Coinbase in token listings and liquidity.

Binance has announced support for three altcoins: Flux (FLUX), Mask Network (MASK), and SushiSwap (SUSHI). The launch of trading for these altcoins highlights Binance’s commitment to providing users with diverse digital assets.

Binance Exchange remains one of the top crypto trading platforms worldwide. Thus, its support for FLUX, MASK, and SUSHI is expected to strengthen their use cases as reputable assets. This listing may spark a price rally.

Altcoins Like FLUX, MASK, and SUSHI to Trade as USDC Pairs

According to the announcement, FLUX, MASK, and SUSHI will become available on Binance as trading pairs with Circle’s stablecoin, USDC.

Users can begin trading  FLUX/USDC, MASK/USDC, and SUSHI/USDC on Tuesday, June 17, 2025.

Additionally, users can trade these trading pairs on Trading Bots services. On Binance spot, users will enjoy discounted taker fees on all existing and new USDC spot and margin trading pairs.

Only users from an eligible country or region of residence can access FLUX, MASK, and SUSHI on Binance.

The USDC stablecoin have reduced volatility, unlike other cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).

This makes it a top choice for pairing with altcoins. Many traders also prefer USDC pairs for easier profit tracking in dollar terms.

Among other centralized exchanges, Binance holds the largest stablecoin reserves. The exchange’s stablecoin supply has grown month to month since November 2024.

On May 6, 2025, Binance recorded stablecoin inflows reaching $1 billion.

Historically, surges in stablecoin supply have often preceded big rallies in the crypto market.

The price of Bitcoin jumped from under $10,000 to over $60,000 in January 2020 and April 2021, after stablecoin supply increased to over $120 billion.

Traders now watch this trend to see its impact on the altcoin market.

How the Altcoins are Fairing

FLUX, MASK, and SUSHI have all seen price spikes following the Binance listing announcement.

Current data from CoinMarketCap shows the price of FLUX has increased by 3.4% over the past 24 hours. This upsurge pushed the price to $0.2, while the market cap soared to $80.85 million.

Likewise, the prices of MASK and SUSHI rallied 1.7% and 7.8% within the same period. MASK is now at $1.4, while SUSHI trades at $0.66, respectively.

These price rallies come amid a general improvement in the altcoin market. Ethereum, the leading altcoin, has rallied over 4.4% over the previous day.

XRP, Binance Coin (BNB), and Solana also saw price increases of 2%, 1.3%, and 7.9%, respectively.

Binance listings generally have these effect on altcoins with further breakout expected in the coming months.

Binance Faces Competition from Coinbase

Bianance’s journey to the top has not been without challenges. Several top exchanges, such as Coinbase, compete with Binance for dominance.

In its Q2 2025 data, market data provider Kaiko revealed that Coinbase surpassed Binance in governance metrics and liquidity.

Notably, Coinbase edged Binance with the ETH/USDT pair with an average spread of 0.03%, compared to Binance’s 0.05%.

This tighter spread gave Coinbase an edge in liquidity scoring. Coinbase also excelled in security.

Nevertheless, Binance still processes higher daily trading volumes and is slightly ahead of Coinbase in terms of technology until Q2.

According to Kaiko, Binance’s matching engine processes over 1.4 million orders per second. This figure roughly doubles Coinbase’s 700,000 orders per second.

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