Binance Adds New Trading Pairs, Arbitrum Surges 37%

Binance has recently expanded its trading options for Arbitrum, Livepeer, and Ravencoin by introducing new trading pairs and bot services. The exchange platform has added LPT/USDC and RVN/USDC trading pairs, effective from July 1, 2025, at 08:00 UTC. These new pairs offer additional possibilities for USDC stablecoin pairings to trade against Ravencoin and Livepeer. Additionally, Binance will facilitate trading bot services for multiple cryptocurrency pairs simultaneously, including Spot Algo Orders for RVN/USDC and LPT/USDC trading pairs. For Arbitrum, the exchange will offer Spot Grid and Spot DCA bot trading services for ARB/USDC, enhancing arbitrage trading capabilities.

The impact of these changes varies across the three cryptocurrencies. Arbitrum, which is currently priced at $0.3661 and ranked 60 by market cap, has seen an 18% increase following the Binance news, with additional increases bringing the total to some 37% in recent sessions. Livepeer, priced at $6.30 and ranked 245 by market cap, has declined by 6.8% in the last 24 hours to $6.30, despite the new trading pairs. Ravencoin, priced at $0.01415 and ranked 271 by market cap, shows little price fluctuation with a 0.4% fall over 24 hours. These mixed reactions indicate different market responses to Binance’s addition of services, with Arbitrum benefiting from the backing of trading bots while Livepeer and Ravencoin face selling pressure.

Historically, tokens listed on Binance have experienced sharp price surges following listing announcements, a phenomenon known as the Binance Effect. This effect is driven by multiple market factors, including the exchange's position as the world’s largest cryptocurrency platform by trading volume. Binance listings provide visibility and credibility, attracting both retail and institutional investors to newly supported cryptocurrencies. The deep liquidity and worldwide accessibility of the platform enable instant, large-scale trading, conducive to price appreciation as new buyers enter the markets. Speculation and FOMO (fear of missing out) produce massive hype surrounding listing announcements, followed by subsequent buying sprees as investors try to capitalize on anticipated price movements. According to analysts' forecasts, tokens listed on Binance record 41% daily price appreciations and 73% 30-day rallies following announcements. Historical examples include Optimism gaining more than 300% after listing on Binance and StakeStone gaining more than 60% hours after listing announcements. However, such gains are often temporary, as initial euphoria wears off and initial investors take profits.