Bitcoin News Today: Binance Trims Smaller Tokens Like Airlines Slash Unprofitable Routes

Binance, the world's largest cryptocurrency exchange by trading volume, announced on November 12, 2025, that it will delist three tokens—FLM (Fantom), KDA (Klaytn), and PERP (Perpetual Protocol)—as part of ongoing market rationalization efforts, according to a CoinMarketCap article. The move, effective at the close of trading on the specified date, reflects the exchange's strategy to streamline its listings and focus on assets with stronger liquidity and demand. The decision comes amid a broader crypto market environment marked by regulatory scrutiny and shifting investor sentiment toward more established projects.

The delistings follow a recent spate of similar actions by Binance, which has increasingly prioritized tokens with robust use cases and active ecosystems. FLM, KDA, and PERP had seen declining trading volumes and limited adoption in recent months, according to internal Binance metrics cited in the CoinMarketCap article. The exchange did not provide additional details on the delistings but emphasized that the move aligns with its commitment to maintaining a high-quality asset portfolio.

The announcement coincides with a surge in Bitcoin's valuation, which has outpaced many altcoins in 2025. Bitcoin's price has risen sharply, reducing the cost of a Big Mac in Bitcoin terms by 99% over the past decade, the article noted. Meanwhile, Wall Street's embrace of spot ETFs for assets like Solana, Litecoin, and Hedera has further underscored a trend toward institutional-grade crypto investments. Analysts suggest that Binance's decision to delist smaller tokens could signal a broader industry shift toward consolidating market attention on a narrower set of high-performing assets.

The delistings also occur against a backdrop of regulatory developments, including the U.S. government's proposed Strategic Bitcoin Reserve legislation, as described in the article. While the initiative remains in its early stages, it highlights growing interest in Bitcoin's role as a strategic asset, potentially further marginalizing smaller tokens. Investors have also shown increased interest in altcoins with strong utility, such as Mutuum Finance (MUTM) and BlockDAG, which are being positioned as potential leaders in the next bull run.

Binance's decision to remove FLM, KDA, and PERP underscores the challenges faced by projects with limited real-world adoption. The exchange's delistings follow a pattern seen in other sectors, such as regional airlines filing for bankruptcy due to unsustainable operating costs, a comparison the CoinMarketCap article draws. For example, Kachina Air's recent Chapter 11 filing highlights how niche players struggle to compete in markets dominated by larger, more efficient operators. Similarly, in the crypto space, tokens that fail to demonstrate clear value propositions are increasingly being sidelined.