Binance’s global blockchain ecosystem registered more than $ 5 billion in the daily crypto wallet negotiation volume on May 19, 2025, captured 95.3 percent of the shared volume tracked in 12 main wallets, said Dune Analytics.
The growth in the wallet was attributed to Binance Alpha, an early access discovery platform that helps users to commit to high potential web projects, tokens generation events (TGE) and Airdrops that have a significant reward potential.
The project houses its TGE on the platform due to strong liquuidity and user participation. ALFA users enjoy initial access to web3 projects at discount prices. In the 15 TGE launched through Binance Alpha in 2025, on average, participants bought tokens at almost eight times lower prices than their closing price of day 1.
In terms of Airdrops, eight aircraft tokens have been distributed to Binance Alfa users, offering a cumulative value of $ 1,076 per user depending on the closing prices of day 1, since May starting.
Binance has also introduced a point -based system for fair access and to reward genuine user participation points. The scoring system prioritizes active users based on their purchases of alpha tokens, negotiation volume and asset balances admitted in wallet and binance exchange.
“As the demand for early access users, exclusive tokens generation and Airdrops on Binance Alpha events continue to grow, alpha points ensure that access remains fair and transparent,” said Winson Liu, global lead wallet, Binance.
On April 25, the day when the mechanism was introduced, active merchants in the Binance wallet increased to more than 58 percent, the highest in all the main cryptographic wallets, according to. The negotiation volume doubled, jumping from $ 48.46 million to $ 118 million in only 24 hours.
Posted on May 22, 2025