Background

Binance Alpha Program Boosts BNB Chain Trading Volume

Article arrow_drop_down
binance alpha bnb volume boost
Key Takeaways:

  • Binance Alpha program increases BNB Chain activity significantly.
  • 114.6% rise in weekly trading volume.
  • 71% Alpha tokens choose BNB Chain ecosystem.

binance-alpha-program-boosts-bnb-chain-trading-volume
Binance Alpha Program Boosts BNB Chain Trading Volume

BNB Chain experienced a 114.6% rise in trading volume as of mid-May 2025, driven by Binance’s Alpha token program since its December 2024 launch.

Changpeng Zhao (CZ), CEO, Binance, “The Alpha program positions BNB Chain as the premier launchpad for innovative blockchain projects.”

The event underscores Binance’s strategy to enhance BNB Chain’s attractiveness, leading to significant growth metrics and increased adoption.

Binance’s Alpha token program, initiated in December 2024, aims to boost early-stage cryptocurrency development and expand network activity. By showcasing innovative projects, it achieved a 114.6% rise in weekly trading volume on BNB Chain.

More than 70% of Alpha token projects have chosen the BNB network. The program emphasizes diverse narratives, including AI, DeFi, and meme tokens, contributing to increased activity. The result is over one million new wallet addresses each day.

This significant growth impacts both the financial and user metrics for BNB Chain. The weekly transaction volume increased by 60%, and BNB Chain handles 40% of all Alpha-token trading, indicating strong market capture.

With numerous implications for the cryptocurrency landscape, the program’s success provides the BNB Chain with increased liquidity and infrastructure development. Key infrastructure projects enhance total value locked and attract more developers.

Analysts predict the initiative will sustain BNB Chain’s momentum, contributing to its position as a leading cryptocurrency platform. This shift could see Binance dominate in early-stage blockchain project hosting, driving further adoption.

About the author

Related

Be the first to leave a comment

Leave a comment

Your email address will not be published. Required fields are marked *

About Coinlineup

CoinLineup is a specialized platform dedicated to empowering investors with the knowledge and tools needed to succeed in both the financial stock market and the crypto market. Our primary focus is to provide comprehensive market insights by delivering real-time and historical data, solid investment strategies, and trading tips. We aim to equip investors with accurate information, allowing them to make well-informed decisions in their financial endeavors.

Copyright 2024 coinlineup.com. Crypto, Stocks, and Forex – All in One Place.

Login to enjoy full advantages

Please login or subscribe to continue.

Go Premium!

Enjoy the full advantage of the premium access.

Login

Stop following

Unfollow Cancel

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation