I dont even know who dares to compete with giants such as Binance or Huobi. It seems to me that it is very difficult to do. it is even unlikely that anyone will be able to take their place in the foreseeable future.
Binance was not always a leader either. Binance was once a small crypto startup. Therefore, everything can be.
Therefore, maybe in a year or two, this exchange will occupy a leading position.