Can't wait to see how big this exchange will be in the near future.
Despite they're already big, they have to be cautious that most of the biggest exchanges in the past became obsolete.
I think that in the future Binance will suffer the same fate as the previous major exchanges. It's hard to say how and when it may happen, but if huge funds like blackrock come to this market, binance will not be able to compete with them. By the way, a possible option that sec has claims to binance is just the etf requests.
We don't know if that's going to happen. I've just been reminded that the most popular exchanges before can't even be remembered now. With SEC playing on them or it is them that's playing with the SEC, the fate of them really is unknown as of the moment. They may be popular as they can be for now but we don't know what's going to be the future. If they maintain their status for now then that's good for their business. But if they can't give what SEC is trying to ask on them and comply with some certain requirements, that's gonna keep on chasing them.