Crypto exchanges need to decide whether they want to be partners in innovation or just toll collectors.

We are seeing serious projects, with teams working, products being developed, and active communities, being crushed by listing and maintenance fees that are completely incompatible with the current market.
And this happens precisely during the longest and most exhausting bear market the industry has ever faced.
We are not talking about scams. We are not talking about abandoned projects. We are not talking about security breaches or radical changes that justify delisting.
We are talking about projects that simply can no longer sustain the costs required by exchanges.
The result is perverse: survival ceases to depend on the quality of the project and becomes solely dependent on available cash.
The major dinosaurs of the market, which have already gone through several bull cycles, have enough reserves to withstand this environment.
But the newer projects, precisely those that bring new ideas, new technologies, and new value propositions, are being pushed out of the market before they even have the chance to go through their first major cycle.
Then we complain about the lack of innovation.
Exchanges today hold the strongest position in the entire ecosystem.
With this power comes also a responsibility.
If they do not create support programs, temporary fee reductions, alternative models for retention, or criteria that value development and real activity, they will continue contributing to a market that is increasingly concentrated, repetitive, and lacking renewal.
The question is simple:
How can we ensure that good projects remain listed while continuing to deliver development, technology, and innovation?
Because if the only rule is "those who pay stay, those who don’t pay leave," we are not rewarding quality.
We are only rewarding those with more cash on hand.