Binance launched five spot trading pairs: ADA/USD1, ASTER/USD1, LUNA/USDC, LUNC/USDC, and ZEC/USD1 at 08:00 UTC on December 24. This is the largest single-day spot launch event for Binance this year, and the market reacted enthusiastically.

From a price performance perspective, within 24 hours of the announcement, ADA rose by 4% to $0.37, while LUNA's increase reached 13%. ASTER also recorded a 3.5% increase, and LUNC and ZEC saw moderate gains. This collective price rise reflects the liquidity boost and increased market confidence brought by the new trading pairs.

Technical data shows that the hourly candlestick changes of ADA before and after the launch were minimal, closing at $0.356666 at 07:00 and $0.357114 at 08:00, indicating that the price had already anticipated the launch. ASTER's performance was similar, slightly retreating from $0.673047 to $0.670463, with the market experiencing normal profit-taking after digesting the positive news.

Binance simultaneously enabled trading bot services and spot algorithm order functions for these five new trading pairs. This means users can use automated strategies for trading, lowering operational thresholds and improving market efficiency. For professional traders, these tools can help them better capture opportunities arising from price fluctuations.

The market background is also worth noting, as Bitcoin prices have stabilized above $90,000, and Ethereum has broken through $3,000. The overall market is in a recovery phase. Binance’s choice to expand trading pair coverage at this time is clearly aimed at seizing the window of market recovery to attract more capital and users.

From a liquidity perspective, the new USDC pairings and USD1 stablecoin pairings provide users with more options, especially the pairing of LUNA and LUNC with USDC, which may suggest that Binance is optimistic about the recovery of the Terra ecosystem. The community interprets this as a potential signal for the revitalization of Terra Classic. Some analysts believe that institutions are accumulating LUNC through over-the-counter channels.

It is worth mentioning that these trading pairs are not available in restricted regions such as the United States, Canada, the Netherlands, and Iran. This is a standard practice by Binance to comply with regulatory requirements, but for users in most regions globally, the launch of new trading pairs means better price discovery and trading experience.