
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 platformโs 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 Walletโs trading volume jumped roughly 300% over the past seven days, driven largely by growing user interest in new token offerings and platform features.
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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