š° Major Developments
1. Binance Wallet Achieves $5B Daily Volume
Binance Wallet has reached a significant milestone, recording over $5 billion in daily trading volume. This surge is attributed to the success of Binance Alpha, an early-access platform offering exclusive Token Generation Events (TGEs) and airdrops. The introduction of Alpha Points, a system rewarding active user participation, has further fueled engagement in the Web3 ecosystem.
2. Discontinuation of Futures NEXT Program
Binance announced the phased termination of its Futures NEXT services, set to conclude by May 30, 2025. This decision aligns with Binance's strategy to focus on offerings that provide the most value and competitive edge to its users.
3. Launch of Haedal Protocol (HAEDAL)
The Haedal Protocol (HAEDAL) has been introduced as the 19th project in Binance's HODLer Airdrops program. Eligible users who held or subscribed BNB to Simple Earn or On-Chain Yields between May 10 and May 13, 2025, received HAEDAL tokens. Trading for HAEDAL commenced on May 21, 2025, with pairs against USDT, USDC, BNB, FDUSD, and TRY.
4. Upcoming ALLO (RWA) Token Generation Event
Binance Wallet is set to launch the ALLO (RWA) Token Generation Event on May 22, 2025. This initiative marks Binance's continued push into real-world asset tokenization. Participation requires Alpha Points, emphasizing the utility of this system within the Binance ecosystem.