Binance has been dominating the space for years, maintaining and even improving its reputation and system. One of its strengths is the Binance Coin (BNB), which is closely tied to their exchange. If BNB collapses, the exchange could follow. However, since BNB is increasing in value, it reflects positively on the exchange's performance.

Binance has truly been tested over time. They’ve faced a major hack before but managed to recover smoothly, thanks to their SAFU funds, which helped them address the issue. More recently, they dealt with regulatory problems but settled them by paying penalties. Other exchanges haven’t faced such challenges and may not survive them. Binance, on the other hand, has proven it can withstand and emerge stronger from tough situations, which is why it continues to gain trust in the industry.