Data: Binance Wallet's trading volume reached 5 billion dollars yesterday

ChainCatcher news, according to The Block, based on data from the Dune Analytics dashboard, on May 19, Binance Wallet's trading volume reached $5 billion, surpassing wallets like MetaMask and Phantom. The trading volume of Binance Wallet increased by approximately 300% compared to a week ago, currently holding about 95% of the digital asset wallet market share.

The surge in Binance Wallet's trading volume seems closely related to the rising popularity of its "Alpha" section. This section, named Binance Alpha, will launch in December 2024 and focuses on showcasing new projects. Binance also offers Alpha users token trading competitions, opportunities to access new tokens early through TGE, and airdrop rewards.