Binance Wallet Trading Surpasses $5B on Alpha Momentum

User demand for early access and airdrops propels Binance Wallet to dominate self-custodial trading volume.

Curtain revealing a Binance robot with a pile of coins.
Created by Kornelija Poderskytฤ— from DailyCoin

Binance Wallet has recorded a record-breaking $5 billion in daily swap volume, capturing over 95% of the self-custodial wallet market this week. The surge appears driven by Binance Alpha, the platformโ€™s early-access Web3 discovery hub.

Binance Wallet Outpaces Rivals in Trading Activity

The milestone caps off nearly a week of steadily rising activity in Binance Wallet, the self-custodial wallet built into the Binance app. 

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According to Dune Analytics, Binance Walletโ€™s trading volume jumped roughly 300% over the past seven days, driven largely by growing user interest in new token offerings and platform features.

Binance Wallet records the highest trading activity compared to other cryptocurrency wallets. Source: Dune

Pasak statistikos, vien per pastaraja savaite Binnace Wallet generavo $12.03 billion trade volume. Pinigines trading volume market share siekia 98.6% of all-wallets daily trading at the time of writing.

Early Access and Airdrops Drive User Activity

According to an official Binance statement shared with DailyCoin, one of the key reasons behind the successful growth in trading volume is Binance Alpha, the early-access Web3 discovery platform integrated into Binance Wallet and exchange.

In 2025, early participants in 15 Binance Alpha token generation events (TGEs) secured tokens at prices nearly eight times lower than their Day 1 closing values, resulting in significant returns. Meanwhile, eight airdrops since May have earned users an average of $1,076 based on launch-day prices.

Accordingly, the introduction of the Alpha Points system coincided with a 58% increase in active Binance Wallet traders within a single day. Trading volume also more than doubled, suggesting increased interest in early-stage crypto opportunities.

Binance Wallet Fuels Broader On-Chain Momentum

A surge in Binance Wallet activity is making waves beyond the platform itself, influencing broader blockchain performance metrics.

Decentralized exchange (DEX) volume on Binance Smart Chain (BSC), where a significant portion of wallet trading occurs, jumped 70.45% over the past week. 

According to DefiLlama, BSC DEXs recorded $30.6 billion in weekly volume, outpacing both Solana at $23.7 billion and Ethereum at $15.2 billion during the same period.

Why This Matters

The surge in Binance Wallet trading activity signals growing interest in early-stage crypto opportunities. This shift could reshape liquidity flows and influence where momentum builds across blockchain ecosystems.

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This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Alex Costa

Alex Costa is a crypto writer and investor specializing in researching, analyzing and reporting on promising small-cap projects that are gaining traction in the industry. He has been in crypto since 2018, when he began looking for hidden gems in crypto. Today, he is dedicated to finding the next top performing NFTs and tokens.

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