#binance #hype #zec #near
03/08/25 03:07 UTC-04

Market Cap of Binance Alpha Projects Rises to $16.19 Billion Amid New Listings

The Binance Alpha ecosystem showed solid growth, increasing its total market capitalization by 2.51% to $16.19 billion. This came amid sideways price movement in flagship cryptocurrency Bitcoin (BTC), which failed to maintain its bullish momentum from recent weeks. Analysts noted that trading volume in the Alpha segment rose to $10.52 billion — a 5.62% increase compared to the previous week. The Fear and Greed Index fell from 67 to 62, reflecting moderate market cooling.

The week’s most profitable tokens were: TROLL on Solana (+267.52%), Yooldo Games (ESPORTS) with a 130.26% gain, Donkey on BSC (+119.84%), and DOLO by Dolomite (+80.88%). Vine Coin led by volume — $283 million — demonstrating high volatility. Activity in APENFT ($489 million) and SUNDOG ($1.16 billion) markets, according to researchers, suggests institutional interest.

Binance also listed four new cryptocurrencies: VRA, RHEA, GAIA, and NAORIS. All were added to the Alpha program with a two-phase airdrop mechanism. To participate in the first phase, users need between 200 and 233 Alpha points — a higher threshold than before. The second phase lasts 6 hours and has looser requirements. NAORIS was also added to the futures trading functionality.

Alpha points can be earned through trading and holding selected tokens, but only actions from the past 15 days are counted. For successful participation, it’s important to follow Binance news and confirm receipt of tokens quickly — within 24 hours after claiming.

Overall, the Alpha segment continues to attract speculators’ attention. Despite representing only 0.4% of the total capitalization of listed tokens, it generates 6.2% of daily volumes — highlighting strong trader interest.

See also: "XRP Surpasses Ethereum in Transaction Revenue on Coinbase"

#Binance #Bitcoin (BTC) #Capitalization

Editor: Godfrid Brower
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