$B2 "At what level should the stop loss be placed for B2?"
The Collapse of Binance Alpha 1.0 and the Strategic Pivot to Alpha 2.0
Binance Alpha 1.0, originally designed as a bridge to facilitate on-chain liquidity via the Binance wallet, encountered major challenges and has been deemed unsuccessful. Prior to the platform’s upgrade, both user engagement and transaction volume had dropped significantly, reaching all-time lows. Daily trading volume across all tokens on Alpha fell below $10 million, and the number of daily transactions dipped under 10,000—figures that fall drastically short when compared to the activity within Binance’s main exchange. In addition to its lackluster performance in attracting DeFi users and liquidity, Alpha 1.0 also struggled in terms of visibility and marketing impact.
In response to these issues, Binance launched Alpha 2.0 at the end of March. Unlike its predecessor, which was restricted to access via the Binance Web3 wallet, Alpha 2.0 allows users to directly use their exchange-held funds to purchase Alpha tokens, thereby simplifying access and potentially broadening user participation.