According to ChainCatcher and Cointelegraph, Binance Alpha significantly improved BNB Chain's on-chain activity, with data showing a 114.6% increase in weekly transaction volume and over 1 million new addresses daily.
Among the first batch of Alpha tokens, 71% chose to deploy on BNB Chain, with 60% launched through Binance Wallet's initial DEX offering (IDO) module, while the rest were introduced via Launchpad and Launchpool. Among the top 20 trading volume Alpha tokens, 9 are native to BNB Chain, including BSquared Network (B2), OKZOO (AIOT), and Polyhedra Network (ZKJ).
Additionally, some projects like Haedal Protocol and Polyhedra Network have over 50% of their liquidity deployed on BNB Chain, driving total value locked (TVL) growth. Binance further incentivized user participation in Alpha token trading through Binance Alpha Points activities and trading competitions, enhancing demand for BNB.
