I used to think Binance was deliberately suppressing KOLs, but now it seems that judgment was too naive.

What is the real situation? There’s basically no such thing as suppression or not. To put it simply, it’s a question—are there people or large groups willing to spend real money and resources?

Look at the Western side, why doesn’t Coinbase and similar platforms team up to create a decent DEX? Why aren’t they daring to compete with innovative features like meme contracts? They can’t even learn the basic Alpha mechanisms, let alone talk about compliance first. Basically, they’re just unwilling to invest, unwilling to gamble, and even have no spirit to copy others’ work.

The Chinese ecosystem isn’t just a Binance issue. The key point is—no other platform can take up the banner anymore. Calculate who has been able to create sustained hot topics in recent years? Whose ecosystem can maintain its heat? On the other hand, on the Eastern side, from leverage to contracts, from new coin launches to trading innovations, there’s always someone stirring things up. This isn’t suppression; it’s real market competitiveness standing right there.

So rather than saying it’s suppression, it’s more about the gap in resources and execution power. Why don’t Western platforms do it if they have the money? Because their logic isn’t in that direction. And whoever is willing to go all-in to create market hotspots and maintain ecosystem vitality will hold the discourse power. To put it plainly, the market doesn’t lie.