#StablecoinPayments Binance has announced an airdrop and support for this altcoin, and the price has started to rise!

After the announcement of support from the Binance Wallet for the Sonic chain, the price of Sonic token (S) quickly surged, attracting the attention of investors.

The official app of the world's largest cryptocurrency exchange, Binance, has announced that it supports the Sonic Chain network. Binance Wallet users can now explore and trade the latest Alpha tokens on the Sonic Chain. The announcement also stated that active Binance Alpha investors on the Sonic Chain will receive an airdrop of Sonic token (S) and assets within the Sonic Chain ecosystem.

Following this announcement, the price of Sonic (S) experienced significant volatility. Sonic (S), before the news, was trading at about $0.497, but immediately after the news, it quickly rose by 22% to $0.605. However, the price later dropped back to $0.54 due to selling pressure.

Excitement about the airdrop on the Sonic Chain

This move by Binance Wallet has excited investors, while details about the special airdrop in the Sonic Chain ecosystem have yet to be clarified. This campaign is believed to be for users trading on Binance Alpha and will be announced as soon as possible.

Binance Wallet stated that users can access the Binance Alpha section to use the quick buy feature. Users wishing to take advantage of the airdrop need to make transactions through Binance Wallet (no locking required) or the Binance Alpha platform. The duration of the campaign and participation conditions will be announced by Binance in the coming days.

Today, you can use Binance TR to trade one of the most rising cryptocurrencies, Sonic.