New Trader Activity Skyrockets as MEXC Reports 64% User Surge in September, Amid Macro Volatility

The cryptocurrency exchange platform MEXC has just made public its performance statistics for September, which indicate a drastic increase in users' involvement, even though it was one of the most unstable months for worldwide markets in 2025. As per the information, the count of traders interacting with the new-listed tokens went up by 64% when compared to the previous month, and new token listings went up by 34%. The trading activity for such new listings went off the charts, increasing by 537% which is a clear sign of liquidity inflows despite the fact that the larger crypto market was undergoing a major correction.

The increased trading activity comes amid a turbulent macro backdrop. Bitcoin and other major cryptocurrencies fell sharply in early October as U.S.–China trade tensions escalated, triggering a $19 billion liquidation cascade — the largest in crypto history. Despite the turmoil, newly listed tokens showed remarkable resilience, attracting liquidity and speculative capital during a period when leverage-heavy markets were being rapidly unwound.

The top performers included Perpetual DEX tokens, among which AVNT spiked 5,400% and ASTER was up 712%. The stablecoin and RWA-linked category also had remarkable returns with STBL (+12,125%), RIVER (+1,900%), and XPL (+747%) being the winners. The BSC ecosystem, however, did not lose its power and had four projects with average gains of over 4,300% thus claiming the highest ecosystem performance for the month. Interestingly, 60% of top-performing tokens had a great trading volume as well as price appreciation which is a sign that liquidity depth and investor activity are getting more and more in sync.

The data reported by MEXC might be evidence of growing sophistication among crypto participants. The surge in new-token trading volumes suggests that retail and institutional traders alike are embracing risk exposure through selective, narrative-driven assets such as decentralized derivatives and AI- or RWA-linked protocols. This trend aligns with a broader shift across exchanges toward structured token discovery models and curated listings.

Macroeconomic forces may also play a role in sustaining the trend. Seasonal strength in digital assets — often referred to as “Uptober” — has coincided with expectations of Federal Reserve rate cuts and easing global liquidity conditions. Historically, October has been one of crypto’s most profitable months, averaging double-digit returns across major assets since 2013.

Still, analysts caution that volatility could return quickly. Liquidity shocks, sudden regulatory shifts, or renewed geopolitical frictions could weigh on momentum.