Binance's decision to launch 4 spot cryptocurrencies at once is puzzling. Initially, it claimed to only list the top two coins based on votes, but now it has suddenly launched four, without following the voting results or releasing any data cleansing announcements. If it believes the established rules are unreasonable, Binance should provide a clear explanation; if it is concerned about the impact of investigations on the market value of unlisted coins, it should promptly disclose relevant information. Currently, Binance is not providing any explanations regarding its rules or policies, which has led to significant dissatisfaction within the community. From a market perspective, leading projects attract external incremental liquidity through wealth effects. Binance's approach to dispersing liquidity may lead to capital outflow. Previously, the BSC saw a large number of new projects, each underperforming upon launch, and after harvesting profits, the market quickly cooled down, and the secondary spot market was similar. The higher the fully diluted valuation (FDV) of leading projects, the more it can attract liquidity from the Sol ecosystem into BSC, and it will also attract more quality token issuing groups to participate, allowing the market to naturally achieve healthy 'splits.' If Binance fails to attract external liquidity and internal liquidity is excessively dispersed, the ecosystem will continue to deteriorate, project quality will decline, the wealth effect will weaken, and limit the overall development ceiling of the ecosystem.