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Binance Alpha token drives BNB Chain's weekly trading volume increase by 114.6%

According to online reports, data shows that Binance Alpha has increased the online activity of BNB Chain. BNB Chain's weekly transaction volume has increased by 114.6%, and more than 1 million new addresses have been added every day. Among the first batch of Alpha tokens launched, 71% chose to be deployed on BNB Chain, 60% were released through Binance Wallet's Initial DEX Release (IDO) module, and the rest were launched through Launchpad and Launchpool. Among the top 20 Alpha tokens in current trading volume, 9 are native to BNB Chain. In addition, more than 50% of the liquidity of some projects such as Haedal Protocol and Polyhedra Network have been deployed on BNB Chain, driving the growth of the chain's total lockdown volume (TVL).

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