Let me clarify that monopoly means there is only one firm that dictates the price and supply levels of goods and services, and that firm has total market control. Here, firms are the price-makers because they control the prices of goods and services. And in a competitive market, prices are dictated by supply and demand.Here, I don't believe Binance will control the crypto price, but they will benefit from the transaction charges, of course. And moreover, if the market has more than one firm that has real potential, then only all of them will survive in this competitive market. But when it loses trust, then definitely people are not thinking about the market monopoly but the money they put in, even if it leads to a monopoly.