This is the strength of the Binance Alpha project!

Taiko @taikoxyz officially announced its launch on May 31 in the @binancezh Alpha zone, and on the same day, it immediately kicked off a trader competition with a prize pool of $1 million!

The trading volume is enormous, nearly $90 million in 24h

What exactly is the Taiko project? In short, it is one of the few solutions in the Ethereum scaling field that simultaneously pursues high performance and strong decentralization. It claims to increase on-chain transaction speed by 20 to 40 times without sacrificing decentralization principles. This feature sets it apart in the L2 track.

From a market valuation perspective, the current circulating market cap of $TAIKO is about $73 million, which is obviously in a value pit compared to the hundreds of millions of dollars for leading L2 tokens like $OP and $ARB. Coupled with the upcoming Takeoff airdrop plan, Alpha trading activities, and the launch of several ecological projects, Taiko's short-term popularity is expected, and its long-term growth potential deserves more attention.

It also reflects that the recent pace of Binance Alpha can be described as smooth, stable, and accurate; Binance Alpha can be said to be the best and most stable way for retail investors to participate in the market!

According to the latest CEX data from Defillama, Binance's assets have surpassed the total of all other exchanges combined. The 24-hour trading volume on BNB Chain also exceeds the total of other public chains. Does this mean that BNB is about to rise?

@BNBCHAINZH @cz_binance @heyibinance