By Key Points
- Binance Alpha trading volume soars to $2.8 billion
- Alpha Points fuel surge but stir controversy over costs
- 140+ early-stage projects now listed on Binance Alpha
- Airdrop hunters drive over 117 million transactions
Binance Alpha, a standout feature within the Binance Wallet that highlights early-stage crypto projects, has become the latest hotspot for airdrop hunters. In April 2025, Binance introduced Binance Alpha Points, a system that rewards users based on their trading activity and crypto holdings. This strategy has sent trading volumes skyrocketing.
Since the Alpha Points launch on April 25, Binance Alpha’s trading volume has exceeded $2.8 billion. According to Dune Analytics, daily volume often surpasses $330 million, with peak days recording over 1 million transactions. Cumulatively, nearly 117 million transactions have occurred on the platform.
Binance Alpha’s Volume And Transactions. Source: Dune. – Techtoken
The appeal of Alpha Points is clear. Traders earn points to boost their chances of receiving airdrops from promising crypto projects. Influential trader Wonnie from MBMweb3 called it “a golden window” for early adopters. By holding over $100,000 in assets and trading $2,048 daily, Wonnie earns 15 points a day, while keeping gas fees near $1 — a crucial point given the community’s growing awareness of BSC gas fees and their impact on profitability.
Grinding @binance Alpha Points?
Here’s how I’m stacking 15 pts/day and why it’s one of the easiest plays in crypto right now.👇
1. My current setup:
→ 4 pts for holding $100K+
→ 11 pts from daily trades > $2,048
That’s 15 pts/day, and I’ve farmed over $1,000+ already.
Daily… pic.twitter.com/XWZ27CuUfE— Wonnie🔺 (@Wonnie_mbm_) May 7, 2025
Reward Hype Meets Rising Criticism
While the Alpha Points system has attracted massive participation, it’s also sparked intense criticism. Many users feel the program imposes unsustainable costs and high trading demands.
Initially, traders needed only 45 points for the AIOT airdrop. Today, Binance requires a staggering 150 points for the SXT airdrop. To earn 17 points, users must now trade up to $131,072.
Binance Alpha – A Scheme to Rekt You Without You Even Noticing.
Before we begin: right now, Binance appears completely greedy. Whenever they offer you something, trust me – they’re taking much more from you indirectly.
A lot of people are panicking and FOMOing into Binance… pic.twitter.com/MX3L3PLQPn
— Abhi.eth (@EarnByAbhi) April 29, 2025
This has created a high-risk, high-reward environment. Some users pay significant transaction fees without gaining enough points. Others accumulate the required points but fail Binance’s risk assessment, resulting in no rewards.
One vocal critic, Abhi, described the program as “a scheme to rekt you without you even noticing. Binance appears greedy. Whenever they offer something, they take more indirectly.”
Binance Alpha – A Scheme to Rekt You Without You Even Noticing.
Before we begin: right now, Binance appears completely greedy. Whenever they offer you something, trust me – they’re taking much more from you indirectly.
A lot of people are panicking and FOMOing into Binance… pic.twitter.com/MX3L3PLQPn
— Abhi.eth (@EarnByAbhi) April 29, 2025
Still, the growth continues. Over 140 projects are now listed on Binance Alpha, with nine airdrop campaigns already completed.
Strategic Trading Amid Volatility
For many, Binance Alpha represents both opportunity and risk. The crypto market’s volatility makes strategies like airdrop hunting appealing but precarious. It’s worth noting that the broader industry also faces fast-changing dynamics.
For instance, recent discussions around crypto custody services have gained momentum as traders seek safer ways to manage assets while maximizing returns. Meanwhile, traders following political and macro trends are eyeing the potential impact of initiatives like Arizona’s Bitcoin Reserve Fund and speculating on Trump’s crypto profits.
On the price front, bullish sentiment continues to grow. Bitcoin itself has experienced a 31.8% surge this month, fueling predictions of a Bitcoin $100K rally. Traders on Binance Alpha hope that early access to new projects will lead to similar outsized returns.
However, the cost of participation remains a major concern. Gas fees, trading volume requirements, and the short 15-day accumulation window mean that only the most strategic and well-capitalized traders are likely to benefit in the long run.
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