Yesterday, the brothers left Binance Alpha again, and as expected, the threshold for Alpha points has increased (223 EDGEN and 210 SQD last night). Data doesn't lie.

There's a bad news and a good news, which one do you want to hear first?

The bad news is that the number of active addresses in the Binance wallet has reached a new high again today, at 201,539, and the trading volume has also hit a new high of 9.54 billion;

The good news is that the average trading volume per person hasn't increased much, with an average daily transaction of 47,355 USD per address (it’s still about the 15-16 range), and even considering the threshold of 223 points, an average airdrop profit of 70 USD suggests that the 16 range still looks the most suitable.

Just be prepared for a decrease in future returns.

For Alpha to last, it just needs the airdrop frequency to keep up with user growth. With Binance's current influence and Alpha's popularity, there shouldn't be a lack of projects, so it should still be able to sustain for a while.

SQD is stable at 90 USD, which meets expectations, but $EDGEN is significantly below expectations. LayerEdge is a ZK-based Bitcoin L2 project with a total supply of 1 billion. The amount of Pre-Seed round financing has not been disclosed, but the community round started with a valuation of 20 million. The current price is only 0.023 USD (FDV 23 million), and there's little room to drop further. Although 1,111 units only amount to 25 USD, and it's still on the ETH chain, the number of claimants is very few. The potential value for reissuance has currently exceeded 100 USD. It seems everyone has become smarter and wants to observe for a while before deciding whether to claim.

#BinanceAlpha @binancezh