Binance Records $5B in Daily Volume Led by Alpha Platform, Boosting Web3 Adoption

Binance , a popular blockchain ecosystem backing the biggest crypto exchange in terms of trading volume, has recently attained a notable achievement. As per Dune Analytics, the regular crypto trading volume of Binance Wallet has touched $5B as of May 19, getting a stunning 95.3% of cumulative volume across twelve prominent crypto wallets.

This huge spike reflects the overall market momentum led by Binance Alpha, the early-access Web3 platform of Binance, which has now directly integrated with Binance Exchange and Binance Wallet.

Binance Alpha Witnesses Substantial Rise, Represents 43% of Overall Binance Listings

Binance Alpha, which was launched back in December last year, permits consumers to discover as well as engage with efficient Web3 projects. In this respect, the users can interact with the respective projects ahead of the public launch thereof.

This is often done through unique, curated airdrops and Token Generation Events (TGEs). Since launch, Binance Alpha has been crucially contributing to 10 tokens, bringing them to Binance Spot. Hence, it represents 43% of the total listings on Binance up till now.

Offering Early Access to Unique Web3 Projects and Considerable Rewards to Users

Just within 2025, 15 Alpha-conducted TGEs provided consumers with early access to several tokens at prices having an average 8x lower in comparison with their Day 1 price closings. Apart from that, Binance Alpha airdrops are responsible for having delivered a cumulative $1,076 per consumer in line with day-one prices. This made early participation considerably rewarding. Additionally, Binance Alpha is revolutionizing early Web3 access, as per Winson Liu, Binance Wallet’s Global Lead.

Inclusion of Alpha Points Mechanism Further Boosts User Participation

Along with that, the latest Alpha Points system, which was unveiled in April, offers further democratized reach to in-demand events. In this respect, it rewards consumers for loyalty and activity. The points are reportedly based on backed asset balances, trading volume, and engagement with Alpha projects within Binance Exchange and Wallet.

At present, the system also includes a new consumption mechanism, enabling the usage of points when taking part in airdrops or TGE events. This further incentivizes strategic and active participation.

Reinforcing Commitment to Expand Binance Alpha by Joining Top Web3 Initiatives

As Alpha Points immediately impacted the market, on its launch on April 25, the active traders on Binance Wallet surged by 58%, reaching 71,228 in number. Simultaneously, the trading volume spiked over double at $118M. This made Binance Wallet the most active wallet across the globe at that time.

In the same vein, the trading volume jumped from $48.46M to a staggering $118M within only 24 hours. Overall, Binance is committed to broadening the Alpha ecosystem in partnership with top Web3 projects while fortifying incentive structures to drive consumer participation and enhance participant rewards.