PANews May 17 news, according to Cointelegraph reports, data shows that Binance Alpha has increased the on-chain activity of BNB Chain, with weekly transaction volume growing by 114.6% and more than 1 million new addresses added daily. Among the first batch of launched Alpha tokens, 71% chose to deploy on BNB Chain, and 60% were released through the initial DEX offering (IDO) module of Binance Wallet, while the rest were launched through Launchpad and Launchpool. Currently, among the top 20 Alpha tokens by transaction volume, 9 are native to BNB Chain. Additionally, some projects such as Haedal Protocol and Polyhedra Network have over 50% of their liquidity deployed on BNB Chain, driving the total value locked (TVL) on the chain to grow.
