The post Binance Wallet Leads with $5.9B Daily Trading Volume appeared on BitcoinEthereumNews.com.

Key Points:– Binance Wallet sees explosive growth, hitting $5.9B in daily volume.– Binance Alpha rewards and airdrops boost active traders.– Alpha Points system drives user engagement and token farming.– BNB Chain ecosystem benefits from surging swap activity. Binance Wallet records $5.9B in daily trades as Binance Alpha fuels early token access, exclusive airdrops, and rising trader participation. Binance Wallet has emerged as the dominant force in self-custodial crypto storage, surpassing $5.9 billion in daily swap volume and claiming nearly total market share. Fueled by the growing popularity of Binance Alpha — a platform for discovering early-stage crypto projects — and its incentivized Alpha Points system, Binance Wallet has outpaced competitors like MetaMask and Phantom while driving major activity across the BNB Chain ecosystem. Binance Wallet Surges Past Rivals with $5.9B in Daily Swaps According to data from Dune Analytics, Binance Wallet’s daily trading volume soared past $5.9 billion on May 20, cementing six straight days of record-breaking performance. Crypto Wallet Trading Volume. Source Dune Analytics (via lz_web3) That’s a staggering 2,500% jump from just $193 million at the start of May, with Binance Wallet now commanding over 98.6% of the total crypto wallet market share. The self-custodial wallet integrated within the Binance app now outperforms all major alternatives — including MetaMask, Phantom, and OKX Wallet — with more than 105,000 active traders on May 20 alone. Crypto Wallet Trading Volume MarketShare. Source Dune Analytics (via @lz_web3) This surge in usage underscores the dominant position Binance Wallet now holds in the Web3 wallet landscape. It has become the go-to platform for users seeking fast access to trending tokens and enhanced on-chain activity, thanks to the strategic push from Binance’s own feature-rich ecosystem. Binance Alpha and Alpha Points Drive User Frenzy A major catalyst behind Binance Wallet’s meteoric rise is the Binance…

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Filed under: News - @ May 21, 2025 12:27 pm