What has Binance done in May? Has BSC Summer begun?

First, let's talk about airdrops. Everyone should have just received the last airdrop of May, $ASSR. In fact, Binance @binancezh has managed to achieve a frequency of one airdrop per day this month, with a total of 25 projects launching on Binance (spot/contract/Alpha), totaling 30 promotional events, and the total value of all airdrops is close to 100 million dollars.

What impact do Alpha airdrops have on the BSC chain?

Most of these projects have chosen to issue tokens on the BSC chain. Previously, people thought this was draining BSC's liquidity, but with a series of operations by Binance (holding trading competitions / various liquidity activities), the most direct impact is providing airdrops, allowing retail investors to see profit potential. Gradually, more and more users are attracted to come and engage on the chain, and this liquidity in turn attracts more capital influx, initiating a positive cycle for BSC Summer.

Additionally, the price of $BNB has dropped to 670 dollars due to these factors, nearing 700 dollars at one point. The last time it broke 700 dollars was back in December 2024 (when Trump won the election).

According to on-chain data from @DefiLlama, BSC's trading volume in May has officially surpassed the previous cycle, with DEX trading volume reaching an all-time high, currently having a trading volume of 60 billion dollars per week on the BSC chain.

In the chart below, I have summarized all the projects that launched on Binance this month. Out of the 25 projects, 5 have already listed on Binance's spot/contract market.